XN000022-1973-02-01 — Page 5

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Thursday, February 1, 1973

GOVERNMENT OFFERS ANOTHER 1,000 TAXI LICENCES

To Meet Demand Of Travelling Public

The Government has invited tenders to register 1,000 more Hong Kong

and Kowloon taxis.

The exact number of taxis for each side of the harbour will depend

on the analysis of the tenders received.

Only new vehicles will be accepted for registration under these tenders.

This offer will bring the total number of taxis registered to 4,756.

In the last offer, a total of 3,772 tenders were received and the

average premium offered for a Hong Kong taxi licence was $111,813 and $110,167

for a Kowloon one.

An applicant can tender for one or more taxis but he has to deposit

with the Accountant General a sum of $2,500 for each of the taxis included in

his tender. The deposit will be returned to the tenderer if his bid fails.

Forms of tender and further particulars can be obtained from the

Transport Department Headquarters at Blake Block, Queensway or from either

of the Transport Department's Licensing Offices on the Rumsey Street Reclamation

and in Pui Ching Road, Kowloon.

The tender closes at 12 noon on February 23, 1973.

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