The MTR fare can be increased or decreased mechanism has been criticized repeatedly.
The government launched a three-month public consultation on the review of the relevant mechanism on September 20.
The Transportation Advisory Committee held a meeting today (28th) to discuss relevant issues. Chairman Zhang Yanliang pointed out that the members believe that the existing mechanism has room for improvement, and hope that the improved mechanism can be used to adjust fares next year.
In addition, the meeting also discussed the application for doubling the fare of the Star Ferry. He said that the committee members were aware of the serious loss of the Star Ferry. When discussing the fare increase application, they had taken into account the long-term financial possibilities of the two routes and the public Acceptance.
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Zhang Yanliang said that members of the TAC understand that it is desirable to adopt an objective, transparent and direct-driven formula to adjust MTR fares. Citizens are burdened by the transportation costs of taking the railway, and MTR must reserve sufficient resources for the repair and maintenance of the railway system.
However, members still believe that there is room for improvement in the existing mechanism to fully respond to public concerns about the relationship between fare adjustments and MTR profits and service performance.
He continued to point out that the committee members have provided opinions to the government on the existing fare adjustment mechanism and the factors to be considered in the review. In the process of seeking a review plan that can balance the demands of all parties, the fare adjustment will be implemented in 2023.
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In addition, the meeting also discussed the Star Ferry's application for doubling the fare. Cheung Yan-leung pointed out that the committee members were aware of the operation and financial performance of the Star Ferry. When discussing the fare increase application, the committee members had considered and balanced all relevant factors, including The long-term financial feasibility and public acceptance of the "Central - Tsim Sha Tsui" and "Wan Chai - Tsim Sha Tsui" routes.
He said that the TAC will submit recommendations to the government for consideration by the Chief Executive in Council.
Tian Beichen: The Star Ferry proposes a fare increase for Hong Kong people’s sympathy, but the monthly ticket price remains unchanged. Passenger income per boat is only 150 yuan. MTR’s domestic Q-Train is in operation. Zhang Xinyu hopes to use the MTR’s domestic Q-Train after repeated debugging. 700 train fans and passengers take the first train. I’m really excited that the MTR’s domestic Q-Train is clear The first passenger train on the Kwun Tong Line departs for Tiu Keng Leng at 8:58 a.m.