Public Consultation Planned On Tunnel Charging Idea

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

Related News Programmes

"); });

2022-06-17 HKT 15:20

Share this story

facebook

  • Public consultation planned on tunnel charging idea

Transport minister Frank Chan on Friday said the administration plans to consult the public in the last quarter of this year on a proposal for congestion charging at the three harbour crossings.

The government wants to charge private vehicle drivers varying levels of tunnel tolls throughout the day – with those travelling in rush hours paying the highest fees – when it takes back the Western Harbour Crossing from its franchisee in August next year.

Chan was asked at a Legco panel meeting if the administration will set a target for reducing traffic jams at the tunnels, or whether it knows how much the congestion charge will have to be for it to be effective.

The minister said the authorities would collect and analyse traffic data before coming up with a concrete plan.

"We will try to secure understanding and consensus among the stakeholders in the community... and also the Legislative Council, so that on that robust foundation we can carry on [with] the travel behaviour [study] of the community," he told reporters after the meeting.

"As such, we will be able to provide a complete picture for consideration by the Legislative Council and also by the community at large."

Meanwhile, Roundtable lawmaker Michael Tien said the administration should consider offering discounts for carpooling vehicles – when a group of people commute together.

He said, for example, vehicles containing two people could enjoy a 50 percent discount when using the tunnels, while those containing three people could travel through them at no cost.

In response, Chan said the authorities would look into Tien's idea.

RECENT NEWS

SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion

SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more

4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA

The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more

Ripple Launches RLUSD Stablecoin In Japan Through SBI Group

Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more

SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan

SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more

Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences

Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more

European And South Korean Banks Form Project Pangea For FX Settlement

Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more