The bicameral conference committee report on the bill institutionalizing the Philippine Transportation Safety Board (PTSB) has been ratified by Congress.

According to a PNA article, the chamber approved the final version reconciling the disagreeing provisions of House Bill 9030 and Senate Bill 1077. The PTSB will be an independent and non-regulatory agency under the Office of the President that will ensure the maintenance of a safe, viable, efficient, and dependable transportation system in the country; improve transportation safety measures to prevent accidents, and ensure the implementation of transportation safety standards.

The Export Development Council’s Networking Committee on Transport and Logistics (EDC-NCTL) has long advocated the institutionalization of the PTSB as it will elevate the status of the Philippines as a safe destination for its citizens and visitors who can contribute to expanding the economic opportunities of the country.KJDA