Palace: Gov't saved P260.4 million by borrowing vehicles for ASEAN Summit

Make this your preferred source to get more updates from this publisher on Google.

The government saved P260.4 million by borrowing vehicles for the 49th ASEAN Summit, which will be returned to the companies after the international gathering, Malacañang said Saturday.

"Nakatipid tayo ng humigit-kumulang P260.4 million. Ang 50 na vehicles ng Hyundai ay nagkakahalaga ng P146.6 million at P93.8 million naman Lexus at P20 million ang ambag ng Grab," Palace Press Officer Undersecretary Claire Castro told a press briefing.

(The government saved approximately P260.4 million. The 50 Hyundai vehicles are worth P146.6 million, while Lexus vehicles are worth P93.8 million. Grab vehicles contributed P20 million.)

"Ang lahat ng sasakyan na ipinahiram ng mga kumpanyang ito ay ibabalik pagkatapos ng ASEAN 2026 hosting period," she added.

(The vehicles provided by these companies will be returned once the ASEAN 2026 hosting period ends.)

Defending the P22.9-billion budget for the regional summit, Castro said it covers the country's year-long hosting of ASEAN activities, not just the November gathering. —VBL, GMA News