Public Consultation Planned On Tunnel Charging Idea
"); jQuery("#212 h3").html("

"); });
2022-06-17 HKT 15:20
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.
Circle CEO Says China Could Launch Yuan Stablecoin In 3 To 5 Years As Trade Grows
Circle CEO Jeremy Allaire predicts that China could roll out a yuan stablecoin within three to five years to expand the... Read more
Naver IPO Timeline Set As Dunamu Merger Targets Nasdaq Debut
Preparations for a Naver IPO are underway following an agreement between Naver Financial and cryptocurrency exchange op... Read more
TransUnion Urges Lenders To Rethink Credit Risk For Gig Workers In Hong Kong
TransUnion is urging lenders to update their risk assessment models, revealing that gig workers in Hong Kong exhibit st... Read more
Citi And Endowus Roll Out HK$4,000 Wealth-Linked Credit Card Campaign
Citi and digital wealth platform Endowus have launched a joint credit card promotion in Hong Kong, expanding the Citi E... Read more
Aspire Secures SFC License In Hong Kong To Launch SME Yield Product
Singapore-headquartered fintech Aspire has secured three financial licenses from the Securities and Futures Commission ... Read more
Why Stablecoins May Become The Backbone Of 24/7 Global Trade
Stablecoin transaction volumes surged 72% in 2025, reaching a record US$33 trillion and signalling growing institutiona... Read more