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Summary: Antonio Da Roza, Jessica Hefes

Originally reported: South China Morning Post

Date: 6/2/10

Originally: 27/07/04

Cross-Harbour tolls too low [1]

Robert Wilson, a financial consultant in Hong Kong, suggested that the low toll at the Cross-Harbour Tunnel is distorting traffic patterns, adding to congestion, and therefore increasing pollution and health costs, as well as providing invalid justification for plans to build more roads along the harbourfront. The idea has been floated that well adjusted pricing would ease the congestion in Central. After adjusting for inflation, Mr. Wilson suggests that private cars and taxis should pay $36, and heavy goods vehicles should pay $144.

Endnote

  1. The high toll of price distortion, SCMP, 27/07/04

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