Traffic will kill economy, say traders | Inquirer Business

Traffic will kill economy, say traders

/ 08:48 AM September 07, 2014
06traffic l


MANILA, Philippines—Traffic jams like Friday’s nine-kilometer gridlock at the North Luzon Expressway may ultimately kill economic activity in Metro Manila and result in higher prices of basic goods, businessmen warned on Saturday.

Business groups also blamed the lack of accountability among both national and local government leaders for the chaotic traffic situation on one of the major gateways connecting the National Capital Region (NCR) to the provinces in Central Luzon.


“Yesterday’s traffic chaos reportedly lasting six to nine hours was a horrendous display of untested experimental policies aggravated by uncoordinated action on the ground,” Employers Confederation of the Philippines president Edgardo G. Lacson said in a text message Saturday.

For his part, Philippine Exporters Confederation Inc. president Sergio R. Ortiz-Luis Jr. said Friday’s traffic jam shocked him.


“This is the kind of thing that you don’t expect. Nobody is taking the blame, there is finger-pointing,” Ortiz-Luis said in a telephone interview, referring to the blame game between the national government and Caloocan City officials.

When the gridlock happened, “clearly, no one was in charge,” Lacson lamented.

According to Lacson, “the massive loss of man-hours, fuel and confidence in the traffic management ability of authorities are incalculable.”

If the traffic situation is left unaddressed, businesses would suffer, the business leaders said.

“Delivery commitments by factories and exporters—especially deliveries of perishables—were missed, which could lead to cancellation of orders, job displacement, loss of income for daily wage earners under the ‘no work, no pay’ arrangement, and operating loss for establishments,” Lacson said.

“The Philippines, with the lowest productivity in the region, cannot afford this kind of traffic mess as it lowers further the country’s competitiveness level,” Lacson stressed.

In the end, all the hassles that heavy traffic causes to businesses would ultimately become a burden to consumers, warned Philippine Chamber of Commerce and Industry president Alfredo M. Yao. Ben O. de Vera 




Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Business, central Luzon, Edgardo G. Lacson, Metro Manila, National Capital Region, NCR, North Luzon Expressway, traffic, traffic jams
For feedback, complaints, or inquiries, contact us.

Curated business news

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.

© Copyright 1997-2022 | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.