TNAG-1729-FCO40-2442-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 150

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other major cities where public transport is more costly and

I believe, Sir, that the basic

probably less efficient.

ingredients of our success lie in the right mix of regulation

and incentives.

Our basic philosophy has been, and still

Cnts

л

remains, that the Government will let private companies or

At the same

corporations operating on prudent commercial principles run these services, under a general regulatory framework but with minimum bureaucratic interference or control. time, we have an inter-modal coordinating policy which aims at maximising the use of the mass carriers as the more efficient road users encouraging the use of off-street

possible, a

as far as poss.

modes, ensuring a wide geographical spread of services,

herefore duplication of services,

removing

and

and keeping fares as low as possible consistent with commercial viability. There is also maximum flexibility, within existing arrangement, in adjusting services to

this

podat changing needs. Experience has shown that the ins Coordination policy has worked well and has achieved the

With changing circumstances, the right balance of services.

policy can be further refined but its overall aim remains

valid.

بھر

Sir,

The third element in our transport policy is the use of traffic management and traffic engineering techniques to ensure the most economic use of our limited road space. There are three obvious areas where these techniques are applied: tunnels, district traffic management studies and other

traffic engineering measures.

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