Govt Hopes Central Tolls Will Drive Away Traffic

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

Related News Programmes

"); });

2019-03-28 HKT 13:43

Share this story

facebook

  • Officials hope to cut the amount of vehicles going through Central. Photo: RTHK

    Officials hope to cut the amount of vehicles going through Central. Photo: RTHK

A congestion charging scheme covering major roads in Central could cut traffic in the area by as much as 15 percent, according to a paper submitted by the government to the district council.

The document doesn't given an indication as to how much the fees could be, but does say they would vary according to the time of day.

Busy roads in the business district, such as Queen's Road Central, Des Voeux Road Central and Connaught Road Central, are likely to be covered by the congestion charge.

Officials say they hope the charging scheme will reduce traffic flow and enable vehicles still using the area to travel at up to five kilometres per hour quicker.

The paper also notes that at least 600 new car park spaces would be created in the vicinity and pedestrian walkways would be enhanced.

No timetable for the plan has been announced.

RECENT NEWS

2025 Hong Kong Fintech Report: What You Need To Know

Hong Kong is hitting the gas when it comes to fintech innovation, regulation and adoption. From the passage of the Stab... Read more

DigiFT Secures SFC Licenses To Offer Tokenised Asset Services In Hong Kong

DigiFT, a Singapore-based digital asset platform focused on institutional-grade tokenised real-world assets (RWAs), has... Read more

JCB Contactless Cards Now Accepted On Shanghai And Beijing Subways

Japan’s JCB has announced that JCB cardholders can now use their contactless cards to access the subway systems in Sh... Read more

Hong Kong Sets Out Next Phase Of Digital Asset Policy

Hong Kong’s Financial Services and the Treasury Bureau (FSTB) has issued an updated policy statement setting out the ... Read more

Hong Kong Overtakes Singapore In Wealthtech Adoption

Across Asia-Pacific (APAC)’s key wealth management hubs, Hong Kong is emerging as the frontrunner in wealthtech, over... Read more

Chinas AI Capex To Hit 700 Billion Yuan In 2025 Amid US Tech Rivalry

Capital expenditure on AI in China is expected to reach between 600 billion yuan and 700 billion yuan (US$84 billion to... Read more