Sunday, November 19, 2017

THE JEEPNEYMODERNIZATION

We see that the new designs of Jeepneys are very good and efficient, but there are certain considerations regarding the manufacturing  of these vehicles that must benefit the economy of the country and not for the few that will get wealthy on it.

The idea of the Jeepney program is needed and timely, but the mechanisms needed into realization must be beneficial for the country economically and productively. 

The jeepney program could have been the means to spur economic activity of the country and start our industrialization by initiating car manufacturing in the country of all Filipino resources, content, and technology.

The idea of car manufacturing is already overdue, and to use the excuse of the jeepney program to have onshore car manufacturing in the country is just just.

The isuzu and Mitsubishi of Japan will entirely benefit the income for the program, and still the country will need to outlay foreign reserves to acquire those engines and parts from offshore.

If the government had prepared and put up factories  domestically through partnerships at the start, eventually, technology transfer can materialize in the process and make car manufacturing an established industry in the country then.

The situation alone of Indonesia that have accomplished its own car manufacturing is a good excuse and example for the country to venture into this industry  to the benefit of jeepney modernization.

There is no more excuse for technolgy anymore as they can be acquired through partnerships.

There is no excuse also of funding where we see and initial outlay and subsidy fo the government amounting into 27 billion pesos to start with, is enough fund to initialize car manufacturing.

The nearly 300 billion pesos of amortization cost estimated for three years is also a secured area of investment for private and public firms to engage in car manufacturing forthwith.

The only reason for this opinion in pushing car manufacturing as a means for the jeepney modernization is its beneficial effects for economy of the country that will make us independent from foreign technologies and make us self-reliant that will make us secure our sovereignty.

Without established manufacturing and industrialization, will make the future of the country bleak, dependent on the external flows and conditions of industrialized and wealthy economies that will dictate and influence our finances and political policies forever.

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