The one-year MOU will mean PMV owners and operators in Gulf Province get subsidies on their PMV registration and Compulsory Third Party Insurance costs by the Kerema DDA.
A K200,000 PMV subsidy funding was earmarked for this, and parked with MVIL.
MVIL will facilitate the subsidy arrangement consistent with all existing MVIL registration and CTP insurance requirements. There are five existing requirements which apply to both new and existing PMVs seeking renewal.
