Govt Poised To Drop Tunnel Toll Motion – Again
"); 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_1449522_1_20190325184534.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/k2/1449522-20190325.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1449522-20190325.htm', 'DCS.dcsqry', '' ); } } }); }); });
2019-03-25 HKT 18:25
The government on Monday appeared to be on the verge of giving up for a second time its efforts to secure Legco approval for a plan to adjust cross-harbour tunnels fees to even out the traffic using them.
On January 22, the administration pulled a non-binding motion on the plan scheduled for the following day, as it was clear lawmakers would vote it down.
Councillors across the political divide have complained that the fee increases proposed for the Cross Harbour Tunnel and the Eastern Harbour Crossing are too high, with the new HK$40 charge mooted for cars a rise of up to HK$20.
The higher tolls at those two tunnels would be accompanied by a reduction in charges at the underused Western Harbour Crossing.
Sources told RTHK that if enough lawmakers had not indicated their support for the plan by Tuesday afternoon, the vote scheduled for Wednesday would also be called off.
The DAB's Ben Chan, who head's Legco's transport panel, said the government would be wasting the council's time if it doesn't pull the motion.
"All Legislative Council members want to solve the unevenly distributed traffic in the three cross-harbour tunnels. However, the package suggested by the government is not acceptable," Chan said.
"If the government finds it is impossible to pass the motion, I think the government should save Legco its discussion time."
The transport panel's vice-chairman, Jeremy Tam from the Civic Party, agreed with Chan, saying nothing has changed since the motion was dropped last time.
"I actually see no value in putting this motion forward," Tam said.
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