Urban taxi owners in Hong Kong are seeking a fare hike aimed at increasing their income for each shift by 10 percent, or about HK$120, the Hong Kong Economic Journal reported Wednesday.
Several industry groups have reached a consensus and submitted a proposal to the Transport Department to raise the minimum fare to HK$24 from HK$22 for the first two kilometers of a journey.
They propose that the incremental charge be raised for each 200 meters in the next seven kilometers to HK$1.80 from HK$1.60, and to HK$1.20 from HK$1 for each 200 meters beyond nine kilometers.
The taxi unions cited mounting maintenance costs and lower passenger volumes as reasons for seeking a fare increase, despite a recent decline in fuel prices.
Some taxi drivers are concerned that increased revenue from any fare hike will end up in the taxi owners’ pockets, as the rent for the cabs the drivers lease from them will rise as well, local media reported.
The last time urban taxi fares were raised was less than two years ago, in December 2013.
The authorities said they will consider the public’s acceptance of a fare hike as well as the taxi owner’s operations before approving the request.
Translation by Vey Wong
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