Border Car Park To Only Take Vehicles With Bookings

"); jQuery("#212 h3").html("

"); });
2023-02-15 HKT 18:40
The government said only motorists who have made advance reservations will be allowed to park at the Heung Yuen Wai car park from Friday, as part of a "multi-pronged approach" to tackle parking space shortage at the border checkpoint.
In a statement published on Wednesday, a government spokesman said a registration system will go back online from midnight on Friday for drivers to sign up for parking spaces, and those who have not done so will no longer be accepted into the car park.
The spokesman also said parking fees will be increased, with the hourly, daily and overnight fees going up to HK$15, HK$150 and HK$80 respectively. There will also be a rise in overtime charges. The new rates will take effect on February 24.
"In the long run, the government will continue to review the development of the area and the demand for parking spaces so as to consider the need for increasing supply of permanent public parking spaces,” the statement read.
Some cross-border travellers who had planned to park their vehicles at the Heung Yuen Wai site last weekend were told to turn away because other motorists had overstayed their time in the car park.
Authorities later suspended the booking system for a review, saying some drivers had abused the arrangement and had not moved their cars despite the expiration of their reserved time slots.
TOPPAN Edge Becomes Japans First Qualified VLEI Issuer
The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more
SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more
Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin
South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more
China Funds Research On Stablecoins And Cross-Border Oversight
China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more
XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership
XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more
Brinc Launches VentureVerse Through Acquisition Of OG Club
Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more