Hong Kong to Study Electronic Road Pricing, Morning Post Says

  • Hong Kong announces 50% parking fine increase starting 2016
  • Government launches three-month consultation on pricing plan

Hong Kong has opened a three-month consultation period on a proposed electronic road-pricing plan in a bid to ease traffic jams in Central, the busiest Hong Kong business district, the South China Morning Post reported, citing government officials including Secretary for Transport and Housing Anthony Cheung.

The government yesterday also announced a 50 percent increase in parking penalties from next year, the Hong Kong-based newspaper said.

Before it's here, it's on the Bloomberg Terminal.