TUESDAY, MAY 24, 1994
IN
3
STATEMENT ON AIRPORT FINANCING
* * * * *
REMARKS
TODAY
RESPONSE TO MEDIA REQUESTS FOR COMMENTS ON (TUESDAY) BY THE DIRECTOR OF THE HONG KONG AND MACAU AFFAIRS OFFICE OF THE CHINESE STATE COUNCIL, MR LU PING, ABOUT THE POSSIBILITY AGREEMENT SOON ON FINANCING FOR THE NEW AIRPORT, A SPOKESMAN SAID:
OF AN GOVERNMENT
WITH THE
BE
"WE WELCOME
DISCUSSIONS THIS INDICATION THAT OUR CHINESE SIDE ON FINANCING FOR THE AIRPORT AND AIRPORT RAILWAY WILL BROUGHT TO AN EARLY AND SUCCESSFUL CONCLUSION.
**WE WILL ALSO WELCOME FURTHER CONSULTATIONS CORPORATION BILL."
ON
THE
AIRPORT
EXCO APPROVES YAUMATI FERRY FARE RISE
THE
GOVERNOR-IN-COUNCIL
OVERALL
WEIGHTED
HAS APPROVED A FARE AVERAGE OF 14.2 PER CENT FOR YAUMATI FERRY COMPANY (HYF).
THE
INCREASE BY AN
HONG KONG
AND
HYF LAST REVISED ITS FARES TWO YEARS AGO.
TO
THE STATUTORY ORDER SETTING OUT THE NEW FARES WILL BE GAZETTED SUBMITTED TO THE LEGISLATIVE COUNCIL FOR APPROVAL WITH A VIEW IMPLEMENTING IT ON JULY 1.
AND
IN APPROVING THE FARE INCREASE, THE GOVERNOR-IN-COUNCIL HAS TAKEN INTO ACCOUNT THE FOLLOWING CONCESSIONS TO BE INTRODUCED TOGETHER WITH THE NEW FARES,
THE
THE HIGHER WEEKEND FARES FOR
OUTLYING ISLAND SERVICES
ON
SATURDAY MORNINGS WILL BE WITHDRAWN.
THE EXISTING CONCESSIONARY FARE SCHEME FOR CHILDREN UNDER 12 WILL BE EXTENDED TO HOVERFERRY SERVICES.
SENIOR CITIZENS
THE EXISTING CONCESSIONARY FARE SCHEME FOR AGED 65 AND ABOVE WILL BE EXTENDED TO ALL ROUTES AT ALL TIMB AND IN ALL NON-DELUXE CLASSES.
FARE
CHANGES
SERVICES ARE AS FOLLOWS:
PASSENGER SERVICES
-
CROSS HARBOUR
- NEW TOWN
- OUTLYING DISTRICTS
-
WEEKDAYS
FOR
DIFFERENT TYPES
OF
PASSENGER
FERRY
WEEKENDS AND HOLIDAYS
RANGE OF % INCREASE
INCREASE IN MONEY TERMS
-
13% - 19% 10% 20%
30 CENTS 50 CENTS
50 CENTS $2
12% 8%
-
-
22% 22%
50 CENTS
—
$3
60 CENTS
-
$3.5
/EXTENSION OF