Express Rail Yet To Hit Projected Passenger Target
"); jQuery("#212 h3").html("
"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1482067_1_20190923161034.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1482067-20190923.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1482067-20190923.htm', 'DCS.dcsqry', '' ); } } }); }); });
2019-09-23 HKT 13:31
Share this story
One year after the express rail link connecting Hong Kong to the mainland came into being, authorities have revealed that passenger numbers have fallen way short of what they initially projected.
The HK$84.4 billion high-speed rail link started operating on September 23 last year, with the SAR government estimating an average patronage of around 80,000 people a day.
But as of August 2019, the average number of passengers taking the link each weekday was just over slightly half that target at 45,000.
It added that the average usage is more on weekends, about 62,000; and the figure was about 2,000 higher in June.
The MTR said there has been a drop in passenger numbers in July and August. But they maintained that the high-speed rail services have been welcomed by tourists and are running smoothly.
In a statement, a spokesperson from the railway giant said while the cross-border link has seen a "steady growth" in passenger numbers, it will continue to boost business by collaborating with the tourism sector to provide discounted tickets and packages to cities like Guangzhou, Huizhou and Guilin.
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more
Do Kwon Faces Possible Trial In Korea After US Conviction
Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more
Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin
Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more
KakaoBank Expands In Indonesia Through Superbank Partnership
KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more