Ferry Boat Inclusive Financing…
Financing facility to small boat owners for the acquisition of modern, safe and efficient ferry boat for the replacement of wooden-hulled passenger boatsFerry Boat Inclusive Financing Program
Financing facility to small boat owners for the acquisition of modern, safe and efficient ferry boat for the replacement of wooden-hulled passenger boats
Program Overview and Impact
Safer and More Efficient Naval TravelThe Ferry Boat Inclusive Financing Program is a dedicated financing facility designed to assist small boat owners in acquiring modern, safe, and efficient ferry boats. This initiative aims to phase out older, wooden-hulled passenger boats, contributing significantly to safer naval travel in the country.
With P272 million in approved loans to finance 31 vessels, the Ferry Boat Program is expected to contribute to safer naval travel in the country.