XN000022-1972-12-19 — Page 2

Daily Information Bulletin 新聞公報 All

Tuesday, December 19, 1972

RESULTS OF TAXI TENDERS ANNOUNCED

Total Premium Close To $40 Million

A total of 254 tenders were successful in the recent tender to

register 350 taxis, the Commissioner for Transport announced today.

A total of 3,772 tenders were received 1,275 for Hong Kong

taxi licences and 2,497 for Kowloon taxi licences.

Following a full analysis of these tenders by the Tender Board,

offers have been made to register 195 Hong Kong taxis and 155 Kowloon

taxis for a total premium of $38,879,444.

"The average premium offered for the 195 Hong Kong taxi licences

was $111,813, and for the 155 Kowloon taxi licences $110,167," the

Commissioner said.

Single licences offered totalled 214 whilst 29 tenderers were

offered two licences.

The highest number of licences offered to a single tenderer was 17.

"As has already been announced," the Commissioner said, "successful

tenderers will be allowed to license only new (not second-hand) vehicles."

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