JEEPNEY MODERNIZATION REASON FOR INDUSTRIALIZATION

In taking the stand for the Jeepney modernization program of the government which is a welcomed proposition to improve and modernize the mass transport system of the country, for security, safety, and contributing for the healthy environment, the program is long due for implementation.

While the government is laying the subsidy finances to take off the project in the reported amount of 27 billion pesos, such enormous cash can be translated more into a productive and long term benefits in view of attaining the modernization through other long term means.

What are the other long term alternatives?

First of all, since the country is not technologically advanced, and we are dependent on importation of cars, machineries that deplete our dollar reserves, the government must make measures to contain car manufacturing onshore or in the country to avoid and prevent exodus of our foreign currency possessions. To save our foreign reserves, we must produce our own cars, manufacture them here in the name of all Filipino brand, but the only problem is the technology needed. that we don't have.

China methodology of partnerships.

China has attained economic power thru manufacturing because they've acquired technology transfers through partnerships from foreign firms. The same then that the government shall encourage partnerships of foreign car manufacturing firms in order for us to acquire transfer of technology, and hence, that way, we can migrate to making our full Filipino brand car.

Spur of Economic activity in the country.

Car manufacturing entails massive industry that would industrialize the country. Cars are composed of about 30,000 parts that would equate conservatively to about half a million small businesses throughout the country. That is a spur of commercial activity then that would solved unemployment problem and would translate to the modernization and building of high skilled labor sectors then.

Self-Reliant.

We will attain self-reliance by building our own cars, ships, military vehicles, weaponry, aircraft, by the status of an industrialized economy  that can be started from the Jeepney modernization program. We will no longer be dependent from foreign makers, suppliers, of our machineries needs once manufacturing and factories are established, and matured by the result and effect of this proposed transport program.