Gov't to roll out diesel subsidies and half-price tunnel tolls amid fuel crisis
發佈日期: 2026-04-09 23:34
TVB News
The government announced a series of short-term measures, including diesel subsidies and half-price tunnel tolls, to relieve pressure on the transport sector, which has been facing elevated fuel costs.
The proposal will be discussed in the legislature on Friday.
For weeks, the Strait of Hormuz has largely been closed, throttling oil and gas exports to the rest of the world.
Fuel bills have surged since then, pushing many transport service providers to the brink.
Following mounting financial pressure on the sector, the Hong Kong government released a statement Thursday night, outlining four temporary measures.
Franchised and non-franchised buses, diesel-powered minibuses, goods vehicles and ferries will receive a two-month diesel subsidy of 3 dollars per litre.
This move is expected to cost the government 1.8 billion dollars.
Excluding private cars and motorcycles, all commercial vehicles will see their tunnel tolls halved for two months.
Officials said the measures will be implemented as soon as possible.
Meanwhile, the cross-departmental task force will set up a working group to expedite applications from transport operators looking to adjust services or introduce energy-saving measures to stay profitable.
The government will also closely monitor the situation in the Middle East and global oil volatility to adjust relief measures in a timely manner.
As for the Liquefied Petroleum Gas or LPG-fueled taxis and minibuses, LPG prices, officials said, remain stable.
The government will seek approval and grants from the Legislative Council on Friday.
While the whole package is going to cost nearly 2 billion dollars, officials say the initiatives strike a balance between addressing energy price instability and ensuring the sustainability of public funds.
