₱1.5 trillion lost in Metro Manila traffic jams in 10 years, reveals UP paper

Mike Frialde of Philstar.com reports that "Ten years of traffic jams in Metro Manila have cost motorists and workers some ₱1.513 trillion," according to research from the University of the Philippines' National Center for Transportation Studies (NCTS).


According to the report, Dr. Jose Regin Regidor's paper on the state of Metro Manila's traffic revealed that "fuel costs while being stuck in traffic add up to ₱4.212 billion a year while time wasted while being stuck in a traffic jam, which could have been spent at work, was computed at ₱137.519 billion." In his recommendation, Regidor urged the government to "invest more on mass transport infrastructure that would make use of private-public partnerships" in order to "minimize the negative cost of traffic congestion."

For more on this story, log on to Philstar.com.

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