DyipKo to invest P2.2 billion for more units of modernized jeepneys

ECODYIP Inc. has set its eyes on further expanding its business through a P2.2-billion investment in new units of modernized jeepneys that will be deployed in new routes it will vie for from the transportation regulator.

Richard S. Rosales, the company’s president, said the group is investing P2.2 million for each unit of the modern jeepney from Indian vehicle manufacturer Mahindra.

“Right now, we have 100 units of modern jeepneys, but we have ordered an additional 150 more. We are also investing in 1,000 more units, which costs about P2.2 billion,” he said.

Broken down, the current fleet is composed of 50 Columbian Supro Dyip units and 50 Columbian Transmover Dyip units.

All of the vehicles feature air-conditioning, curbside-opening passenger doors, bench seats, grab handles, GPS tracking, WiFi connectivity, a dash camera and passenger compartment CCTV cameras.

Branded as DyipKo, the jeepney units are currently deployed in the Eastwood-Capital Commons, and Lawton-Parañaque Integrated Terminal Exchange routes, both of which were officially awarded to the company on Thursday.

Dennise C. Trajano, the company’s chairman, added his group is looking at vying for more routes that will be offered by the Land Transportation Franchising and Regulatory Board (LTFRB) as part of its public-utility vehicle modernization program.

“We are mostly interested in the franchises in the National Capital Region,” he said. “But we are also looking at other routes.”

DyipKo aims to hire existing jeepney drivers, train them on the technicalities of driving, safe measures and proper etiquette in dealing with passengers so they can have a comfortable and safe ride experience while supporting the implementation of government programs and policies.

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Lorenz S. Marasigan

Sources regularly see Lorenz at telco and transport conferences. He graduated from the University of Santo Tomas, and has been covering the beat since 2013. He likes to featurize stories, and tries to find another angle for spot news. He travels during his spare time, and likes his coffee black -- no cream, no sugar.
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