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Untitled - HKU Libraries - The University of Hong Kong

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A V/C ratio <strong>of</strong> 1.0 or less indicates a satisfactory level <strong>of</strong> traffic, while a V/C ratioabove 1.0 indicates the onset <strong>of</strong> congested conditons. A more general measure <strong>of</strong>traffic operations was given by the average speed <strong>of</strong> travel on different classes <strong>of</strong>road in the districts through which the project passed. An overall objective <strong>of</strong> therecommended transport strategy was to achieve average speeds <strong>of</strong> at least thoseprevailing in the Study base year, by means <strong>of</strong> highway projects and trafficmanagement measures (discussed in Chapter 9).Project Name8.2Link No.inFigure 6.2(A) HONG KONG ISLANDRoute 7—Sai Ying Pun to Aberdeen ' 1Route 7—Centra! and Wan Chas Bypass 2iEC Link—Causeway Bay to Wan Chai 3Route 81—Aberdeen Tunnel to Stanley 4Route 81—Stanley to Chai Wan 5Additional Tube to CHT and Approach (Argyle Street to Gloucester Road) 6Western Harbour Crossing (part <strong>of</strong> Route 3) 7Gloucester Road Westbound Flyover over Tunnel Exit 8Second Ap Lei Chau Bridge 9(B) KOWLOONEast KowSoon Corridor Improvement (Hung Horn to Kowloon Bay) (or alternatively 10upgraded Hung Horn Bypass plus Second Airport Tunnel)Hung Horn By-pass (Salisbury Road to fVSa Tau Kok Road) 11Gascoigne Road Improvement (Ferry Street to Princess Margaret Road) (or alternatively 12convert the existing Gascoigne Road flyover to one way eastbound and add a two laneflyover along Jordan Road for westbound traffic)Waterloo Road Extension (Ferry Street to West Kowloon Expressway) 13West Kowloon Expressway (Western Harbour Crossing to Ching Cheung Road) (part <strong>of</strong> 14Route 3)Lung Cheung Road Improvement (Ching Cheung Road to New Clearwater Bay Road) 15Elevated Road along Boundary Street (Kai Tak to Las Chi Kok Road) 16Boundary Street Extension to West Kowloon Expressway 17Tonkin Street Extension to West Kowloon Expressway 18Waterloo Road Improvements (from Argyle Street to Lung Cheung Road) 19Additional Lion Rock Tunnel and Associated Works 20(C) NEW TERRITORIESAu Tau-Lam Kam New Road 21Tuen Mun Bypass 22T6 (Sha Tin) Improvement (Tolo Highway to T5) 23T7/P8 corridor (MOS) Improvement (T5 to MOS Town Centre) 24Route 16—Sha Tin to Lai Chi Kok 25Route 5—Section Between Shek Wai Kok and Chai Wan Kok 26Route 42—Hiram's Highway Improvements, Remaining Stages (Clear Water Bay Roadto Sai Kung)27Part <strong>of</strong> Route 3 between NWNT and Kwai Chung 28Improvements to Kwai Chung Road South (Phase II and SIS) (part <strong>of</strong> Route 3) 29New Road from Man Kam To to the New Territories Circular Road, west <strong>of</strong> Sheung Shui 30Widening <strong>of</strong> NTCR (from Au Tau to Fan Kam Road) 31Further Widening <strong>of</strong> Tai Po Road (from Lung Cheung Road to Sha Tin) 32Economic Evaluation6.4.3 <strong>The</strong> economic evaluation compared the costs <strong>of</strong> each project in economic termswith the anticipated benefits <strong>of</strong> the project to the community. <strong>The</strong> results wereexpressed in the ratio <strong>of</strong> annual economic benefits <strong>of</strong> the project at the year <strong>of</strong>operation to the total economic costs, termed the Single Year Rate <strong>of</strong> Return102

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