At its meeting today (July 9), Members of the Transport Advisory Committee (TAC) discussed a report by the Mass Transit Railway Corporation Limited (MTRCL) on the new Tseung Kwan O Line (TKL) which will be commissioned in August 2002.
Dr Cheng Hon-kwan, the Chairman of the TAC said, "The commissioning of TKL marks a major step forward in railway development in Hong Kong. We are pleased to see that a speedy and reliable railway service will be provided to residents in the Tseung Kwan O and Yau Tong areas."
The TAC noted that the TKL fares are consistent with the existing zonal fare structure of other MTR lines. In determining the TKL fares, MTRCL has taken into account factors including the prevailing economic conditions, passenger affordability, market competition and the company's financial position.
"We think the TKL fares are reasonable. We are pleased that MTRCL would implement some promotional discounts and we understand that the Corporation would consider further promotions to encourage patronage of the service," Dr Cheng said.
End/Tuesday, July 9, 2002