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Views sought on MTR fare review

May 20, 2016

The Government today launched a three-month public consultation on the review of the MTR Corporation's Fare Adjustment Mechanism.

 

The mechanism has been adopted since the 2007 rail merger, and it is supposed to be reviewed every five years.

 

The next review was originally due for completion in 2018.

 

Having considered the experience gained in the last review, the Government suggests there is possible room for an early review to further respond to public concern about the corporation's overall profitability and passengers' affordability, whilst still respecting the financial prudence required of the corporation as a listed company.

 

People can submit their views via email by August 19.

 

The consultation paper can be downloaded from the websites of the Transport & Housing Bureau and the Transport Department.



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Transport Subsidy Scheme