Final Report
Total Page:16
File Type:pdf, Size:1020Kb
Transport and Housing Bureau The Government of the Hong Kong SAR FINAL REPORT Consultancy Services for Providing Expert Advice on Rationalising the Utilization of Road Harbour Crossings In Association with September 2010 CONSULTANCY SERVICES FOR PROVIDING EXPERT ADVICE ON RATIONALISING THE UTILISATION OF ROAD HARBOUR CROSSINGS FINAL REPORT September 2010 WILBUR SMITH ASSOCIATES LIMITED CONSULTANCY SERVICES FOR PROVIDING EXPERT ADVICE ON RATIONALISING THE UTILISATION OF ROAD HARBOUR CROSSINGS FINAL REPORT TABLE OF CONTENTS Chapter Title Page 1 BACKGROUND AND INTRODUCTION .......................................................................... 1-1 1.1 Background .................................................................................................................... 1-1 1.2 Introduction .................................................................................................................... 1-1 1.3 Report Structure ............................................................................................................. 1-3 2 STUDY METHODOLOGY .................................................................................................. 2-1 2.1 Overview of methodology ............................................................................................. 2-1 2.2 7-stage Study Methodology ........................................................................................... 2-2 3 IDENTIFICATION OF EXISTING PROBLEMS ............................................................. 3-1 3.1 Existing Problems .......................................................................................................... 3-1 3.2 Implications of the existing traffic conditions on ideal traffic levels across the three RHCs .............................................................................................................................. 3-3 3.3 Diversion of traffic from CHT to EHC and WHC ......................................................... 3-4 3.4 Analysis of Previous Suggestions .................................................................................. 3-9 3.5 Toll Structures of the Three RHCs and Composition of RHC traffic .......................... 3-18 4 TRAFFIC ANALYSIS ........................................................................................................... 4-1 4.1 Introduction .................................................................................................................... 4-1 4.2 Toll structures ................................................................................................................ 4-1 4.3 Identification of Preliminary Toll Scenarios .................................................................. 4-4 4.4 Toll Scenarios Evaluations ............................................................................................ 4-5 4.5 Better Toll Scenarios – Selection Criteria ..................................................................... 4-6 4.6 Base Case Scenario ........................................................................................................ 4-6 4.7 The 'Ideal' toll scenario .................................................................................................. 4-7 4.8 The Failed Cases Examples ........................................................................................... 4-8 4.9 The Nine Better Toll Scenarios.................................................................................... 4-10 4.10 Traffic Analysis for the Better Toll Scenarios ............................................................. 4-11 5 LEGAL, MANAGEMENT AND ORGANISATION IMPLICATIONS ........................... 5-1 5.1 Option 1: Increase CHT Tolls ........................................................................................ 5-1 5.2 Option 2: Buy-back EHC and/or WHC ......................................................................... 5-2 5.3 Option 3: Forming a common ownership of CHT, EHC and/or WHC ......................... 5-4 5.4 Option 4: Extension of EHC and/or WHC franchises ................................................... 5-7 5.5 Option 5: Provision of concessions to EHC and/or WHC franchisees .......................... 5-9 5.6 Option 6: Increase CHT Tolls and rebate to EHC and WHC users ............................. 5-12 6 FINANCIAL ANALYSIS ...................................................................................................... 6-1 6.1 Scope and basis .............................................................................................................. 6-1 6.2 Basis of value ................................................................................................................. 6-1 6.3 Objective and purpose ................................................................................................... 6-1 6.4 Financial analysis ........................................................................................................... 6-2 WILBUR SMITH ASSOCIATES LIMITED PAGE i CONSULTANCY SERVICES FOR PROVIDING EXPERT ADVICE ON RATIONALISING THE UTILISATION OF ROAD HARBOUR CROSSINGS FINAL REPORT 7 EVALUATION OF PROPOSALS AND RECOMMENDATIONS ................................... 7-1 7.1 Assessment of Better Toll Scenarios Performance ........................................................ 7-1 7.2 Implementability of each of the Implementation options .............................................. 7-3 7.3 Proposal Recommendations ......................................................................................... 7-10 7.4 Timing for Implementation .......................................................................................... 7-12 WILBUR SMITH ASSOCIATES LIMITED PAGE ii CONSULTANCY SERVICES FOR PROVIDING EXPERT ADVICE ON RATIONALISING THE UTILISATION OF ROAD HARBOUR CROSSINGS FINAL REPORT LIST OF TABLES Table Title Page Table 1-1 Consultancy Scope and Tasks ......................................................................................... 1-2 Table 3-1 Existing Traffic Throughput ............................................................................................ 3-3 Table 3-2 Ideal/Tolerable/Congested Traffic Levels (vehicles/day) Under Existing Restraints .... 3-5 Table 3-3 Ideal/Tolerable/Congested traffic levels of EHC and WHC, .......................................... 3-6 Table 3-4 Summary of tolerable queue locations ............................................................................ 3-7 Table 3-5 Previous Suggestions ....................................................................................................... 3-9 Table 3-6 Change of CHT Toll Structure ...................................................................................... 3-19 Table 3-7 2010 Toll Structures at CHT, EHC and WHC .............................................................. 3-20 Table 4-1 Year 2010 Toll Structure ................................................................................................. 4-2 Table 4-2 Changes in toll levels for each vehicle type user at CHT with "s" structure ................... 4-2 Table 4-3 Changes in toll levels for each vehicle type user at CHT with "0.5s" structure ............. 4-3 Table 4-4 Comparison of the Three Toll Structures at CHT ........................................................... 4-4 Table 4-5 Time Horizon when Government can effect toll changes ............................................... 4-5 Table 4-6 Base Case Scenario ......................................................................................................... 4-7 Table 4-7 'Ideal' Toll Scenario – Toll Levels in Year 2011 ............................................................. 4-7 Table 4-8 'Ideal' Toll Scenario ......................................................................................................... 4-7 Table 4-9 Toll Scenario for Increasing CHT Private Car Toll Only ............................................... 4-8 Table 4-10 Toll Scenario for Equalised Tolls with Private Car Toll at $25 ...................................... 4-9 Table 4-11 Toll Scenario for Low Toll Option at the three RHCs .................................................... 4-9 Table 4-12 Toll Scenario for Initial toll adjustment only ................................................................ 4-10 Table 4-13 Better Toll Scenarios ..................................................................................................... 4-11 Table 4-14 Toll Scenario for WHC Toll Reduction ........................................................................ 4-12 Table 4-15 Traffic Analysis of Toll Scenario A1 ............................................................................ 4-13 Table 4-16 Traffic Analysis of Toll Scenario A2 ............................................................................ 4-14 Table 4-17 Traffic Analysis of Toll Scenario A3 ............................................................................ 4-15 Table 4-18 Traffic Analysis of Toll Scenario B1 ............................................................................ 4-16 Table 4-19 Traffic Analysis of Toll Scenario B2 ............................................................................ 4-16 Table 4-20 Traffic Analysis of Toll Scenario B3 ............................................................................ 4-17 Table 4-21 Traffic Analysis of Toll Scenario C1 ...........................................................................