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taxi productivity. The average paid kilometres per taxi increased by 9% over theperiod. At 1988, the average net income per shift for an urban taxi driver wasestimated at $5,700.FIGURES 3.23:TAXI USAGE BY HOUSEHOLD INCOME0.70.60.50.40.30.20.1Trips Per Day Per Person5Derived From The 1981 TravelCharacteristic* Survey (TC8)10 15 20 25 30Average Household Income ($1981 Thousands)FIGURE 3.24:CHANGES IN TAXI AND BUS FARESIndex Relative To 1976 • 1.01.50.576 77 78 79 80 81 82 83 84 85 86 87 88Change* In Bue Fares BaaedOn KMB Urban Service*(Conatant Prlcea)52
3.5.1 3 Income per taxi net of operating costs (fuel, repairs, etc.) and driver costs (allowingowner-drivers an average driver wage) were low at about $4,400 per month in 1 988;considerably less than the cost to an owner of purchasing a taxi. This was estimatedin August 1988 at around $700,000 for a second-hand taxi with licence; typically anew owner would buy the taxi on a mortgage, with a down payment of $1 00,000 to$150,000 and payments over a 9-10 year period of $9,000 per month. With quotasimposed on the number of new taxi licences issued each year, the value of a taxilicence rose considerably from about $200,000 in the early 1980s to around$700,000 in 1988. With such high appreciation in the licence value, owners couldmore easily accept the low profits on the operation of the taxi itself. Also, it is wellunderstood by owners and drivers alike that large increases in taxi fares to bettercompensate increased costs would have a sharp impact on demand for taxi servicesand could in fact be counter-productive.53
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THE UNIVERSITY OF HONG KONGLIBRARIE
Page 4 and 5: EPPrinted and Published by the Gove
Page 6 and 7: CONTENTSPage6. OF 966.1 Introductio
Page 8 and 9: Page3.1 Licensed Vehicles 1976-1988
Page 10 and 11: FIGURES_Page1.1 Special Character o
Page 12 and 13: Page1.1 Second Comprehensive Transp
Page 14 and 15: TRANSPORTPER UNIT OF GDPCars Per Th
Page 16 and 17: KCR Double Tracking &\ Electrificat
Page 18 and 19: 1.2 The Second Comprehensive Transp
Page 20 and 21: 1.2.17 The way in which these recla
Page 22 and 23: ANNEX1.1Terms of Reference(1) To pr
Page 24 and 25: 2.2.1 introduction2.1.1 This chapte
Page 26 and 27: 2.2: OF THEPROJECTS AND POLICIESFOR
Page 28 and 29: Transport Networks2.5.2 Description
Page 30 and 31: 2.6.11 Operational Evaluation—The
Page 32 and 33: 3.1GO OLicensed Vehicle Fleets (a]P
Page 34 and 35: Table 3.3 VEHICLE(Dollars per year)
Page 36 and 37: 3.2.7 The car and motorcycle fleet
Page 38 and 39: 3.2.14 The non-van goods vehicle fl
Page 40 and 41: 3.2.23 Use of Light Vans as Private
Page 42 and 43: 3.3 Road Usage and Road Constructio
Page 44 and 45: FIGURE 3.11:TRAFFIC IN URBAN HONG K
Page 46 and 47: FIGURE 3.14:TRAFFIC IN THE NEW TERR
Page 48 and 49: Table 3.6 CROSS HARBOUR TUNNEL TOLL
Page 50 and 51: 3.5 Public Transport Patronage3.5.1
Page 52 and 53: 3.5.4 The growth in rail transport
Page 56 and 57: 4.4.1 introduction4.1.1 Demand for
Page 58 and 59: Table 4.2DISTRIBUTION OF POPULATION
Page 60 and 61: AreaTable 4.4Hong Kong islandKowioo
Page 62 and 63: 4.2.14 An additional 425 000 jobs i
Page 64 and 65: 4.3(1986-2001)Growth Over 1988Perio
Page 66 and 67: included in the financial costs. Pe
Page 68 and 69: 4.5 International Traffic4.5.1 Proj
Page 70 and 71: Cross Border Rail Passenger Traffic
Page 72 and 73: Table 4.17IN(1971-1989)HighwayPrice
Page 74 and 75: contribution of Government equity t
Page 76 and 77: 5. FORECASTS OF THE TRANSPORT SCENE
Page 78 and 79: FIGURE 5.2:PROJECTED DAILY TRIP MAK
Page 80 and 81: FIGURE 5.3: 1986 GENERATIONS AND AT
Page 82 and 83: FIGURE 5.5: PERSON TRAVEL DEMAND(CO
Page 84 and 85: Table 5.4PROJECTIONS OF DAILY TRIP
Page 86 and 87: Table 5.5 SCHEDULED PUBLIC BY(thous
Page 88 and 89: • FANLING/SHEUNG SHUIRMA ON SHANH
Page 90 and 91: Cars and taxis 1.00Minibus/Special
Page 92 and 93: LEGEND V/C Ratio Range• 1.1 - 1.2
Page 94 and 95: •Vf'rLEGEND V/C Ratio Range> 1.1
Page 96 and 97: FIGURE 5.13:TRAFFIC SPEEDS BY ROAD
Page 98 and 99: 6. OF6.1 Introduction6.1.1 This cha
Page 100 and 101: LEGENDMajor Committed Road ProjectK
Page 102 and 103: LEGENDCandidate Road ProjectKowloon
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A V/C ratio of 1.0 or less indicate
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Table 6.3 SUMMARY OF HIGHWAY PORJEC
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6.5.1 2 The traffic implications of
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6.5.27 it is estimated that traffic
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6.7 and Airport Tunnel6.7.1 The Hun
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6.9.5 Conclusions— This is likely
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6.4(1988 Prices)ProjectLocFinancial
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sufficient detail to permit compute
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LEGENDMTR £_EHC LRT(under vL} cons
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7.1Peak TramHong KongTramwaysKowloo
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MTR/KCR Interchange7.2.14 A key tra
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day, particularly in the peak hour.
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Impacts on Urban Development7.3.28
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7.4.2 The East Kowloon Line would s
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7.4.1 2 Both the financial return a
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7.5.17 Patronage and economic resul
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Rail Operations7.6.15 Two proposals
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passenger services. Also, while lig
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.S.Bi ne economic evaluation or tne
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Conclusions7.9.15 At the projected
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7.11.4 With an extension to Star Fe
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7.13.7 It is estimated that the LRT
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Conclusions7.14.13 Both harbour cro
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7.15.14 Financial support for the n
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FIGURE 8.1: PASSENGER TRANSPORT BY
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Railways8.2.6 Rail services began t
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Table 8.2PROJECTED DEMAND FOR SCHED
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FANLING/SHEUNG SHUIYUENLONGMA ON SH
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severe on the MTR island Line where
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8.4.10 The KCR main Sine is expecte
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Cross Harbour Bus Operations8.5.9 T
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8.7.3 In the New Territories, the r
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ail corridor is now operating at fu
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urban area, the short term means of
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(2) More vehicles are required to d
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are classified under Vehicle Owners
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9.5.5 Supplementary Licences—Thes
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9.5.19 Controls are required on bot
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Park and Hide9.6.4 This policy prom
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Alternative Scenarios for the Evalu
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9.7.18 Thus although the Centra! ec
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9.3 INNumber of vehs (thous)CarsTax
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Table 9.4ON(Increases in goods vehi
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9.11.3 The specific scheme chosen w
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Table 9.5(Similar to Scheme B inves
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traffic assessments. If the increas
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10 ON10.1 Introduction10.1.1 This c
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10.2.9 There are clearly some possi
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Railway Funding10.3.11 An expenditu
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Private Car Controls10.5.9 It is re
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c:,LEGEND V/C Ratio Range1.1 - 1.2>
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10.6.4 Several roads are projected
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o1991 Committed1996 Recommended Str
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operation and operator. Much depend
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ANNEX 10.1PROJECTIONS OF THE VEHICL
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ANNEX 10.4BY(thousand vehicles per
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