MVIC (Motor Vehicle Inspection…
To provide financing for the construction and/or operation of motor vehicle inspection centers in support of the government’s thrust of delivering safe, reliable, and accessible transportation systemMVIC (Motor Vehicle Inspection Center) Financing Program
To provide financing for the construction and/or operation of motor vehicle inspection centers in support of the government’s thrust of delivering safe, reliable, and accessible transportation system
Program Overview and Impact
Financing for Motor Vehicle Inspection CentersThe MVIC Financing Program aims to provide funding for the construction and operation of motor vehicle inspection centers. This initiative supports the government’s goal of a safe, reliable, and accessible transportation system.
Four SMEs have approved loans amounting to P134 million for the construction of facilities and acquisition of equipment for the establishment of MVICs.