Source: Hong Kong Government special administrative region
Executive Council gives consent to increase tramway fares (Change)
Persons aged 12 or above $3.0 $3.3
(+$0.3)
Children (aged 3 to 11) $1.5 $1.6
(+$0.1)???
Since its last fare adjustment in July 2022, HKT has been facing competition from other modes of public transport. Patronage has not recovered to the pre-pandemic level, while the potential to further increase non-fare box revenue, currently accounting for about 50 per cent of HKT’s total revenue, is rather limited. At the same time, the operating costs and staff costs of HKT have been rising continuously. HKT will also continue to invest in improvement projects, including the renewal of tram track and upgrading tram cars in the fleet to provide passengers with more stable rides, safer and more comfortable journeys. In addition, HKT is expected to launch a new mobile application in the second quarter of this year to provide service information, such as real-time estimated times of arrival for passengers, thus improving their ride experience. Issued at HKT 16:28
NNNN