86.

In recent years the

Government has invested

considerable additional resources to cater for the growth in

passenger ferry traffic to China.

In accordance with Our

general policy of cost recovery, I propose that when the China

Ferry Terminal in Canton Road opens later this year, the passenger embarkation fee of $15 be extended to those departing

from this new terminal. Berthing fees at the China Ferry

Terminal will then be set at the same level as those for vessels

using the Macau Ferry Terminal (40). These fees will be

reviewed regularly in line with the existing policy of recovering the full operating

operating costs. I estimate the total

additional revenue yield in 1988-89 to be $6 million, and $12 million in a full year.

Postal and telecommunication fees and charges

87.

Postal and telecommunication fees and charges were

last revised in 1985 (41). To restore the

To restore the real value of these

fees and charges, I propose to implement during the next financial year a package of moderate increases in

increases in postal and

telecommunication fees and charges. The additional revenue

yield in 1988-89 is estimated at $23 million, and $70 million in

a full year.

(40) Current fees for each berthing are:

Ferries - dynamically supported craft

dynamically

supported

Vessel

not

Ferries - other than

being

craft

a ferry vessel

$ per ton

$ per ton

$ per ton

Hong Kong -

2.0

1.0

2.0

Macau Terminal

Hong Kong

-

1.0

0.5

1.0

China Terminal

(41) 1985 Budget Speech, paragraph 102.

/Other

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