Untitled - HKU Libraries - The University of Hong Kong
Untitled - HKU Libraries - The University of Hong Kong
Untitled - HKU Libraries - The University of Hong Kong
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4.6.7 Government contributions to MTRC equity are also shown in the table to completethe investment picture. Just over $8 billion had been contributed by the end <strong>of</strong> 1988,valued at $14 billion in 1988 prices. This has covered over one third <strong>of</strong> the total cost<strong>of</strong> constructing the MTR system.4.6.8 Expenditure on highways and railways is shown in Figures 4.9 and 4.10 in bothprices current for the various years and 1988 prices respectively. To demonstrate theFIGURE 4.9:INVESTMENT IN ROAD AND RAIL CURRENT PRICESDollars (Billions) Current For Years ShownPRIV INV (Road)QOV INV (Road)PRIV INV (Rail)QOV Rail EquityQOV INV (Rail)71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89Rail Equity Payments Subtracted FromPrivate Rail And Adjusted Slightly ToFit Actual Investment ProgrammeFIGURE 4.10:INVESTMENT IN ROAD AND RAIL CONSTANT PRICESDollars (Billions) In 1988 Price71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89QOV INV (Rail)QOV INV (Road)QOV Rail EquityPRIV INV (Road)EE3 PRIV INV (Rail)Rail Equity Payments Subtracted FromPrivate Rail And Adjusted Slightly ToFit Actual Investment Programme
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