Government's role in the privatization of tunnels in Hong Kong
Abstract of dissertation entitled
Government? Role in the Privatization of Tunnels in Hong Kong
Wong Wing Yee, Winnie
for the degree of Master of Arts in Transport Policy and Planning at The University of Hong Kong
in June 2004
Tunnel infrastructure constitutes a very special case of business as the smooth and efficient operation of tunnel is central to the smooth running of the society. Therefore, it is essential for the Government to perform different roles in privatization of tunnels to ensure that the privatized tunnels are favourable to the community as a whole. This study aimed to find out the involvement of the Hong Kong Government in performing different roles in privatization of tunnels. By appraising the existing tunnel privatization situation, the study recommended what roles Government should improve.
The study first examined the theoretical background of the concept of privatization and different roles performed by the Government in infrastructure privatization. The existing tunnel privatization policy and the two major types of privatized tunnels, build-operate-transfer tunnels and management, operation and maintenance contracts of Government tunnels had also been studied. The study then developed a conceptual framework to evaluate the different roles assumed
by the Hong Kong Government in the privatized tunnels. The observations of the study is that the Government is assuming the role as a planner, decision maker, customer, protector of public interest, inspector/auditor, facilitator, promoter, investor/provider in the privatization of tunnels in Hong Kong. The involvement of the Hong Kong Government is wide and in-depth.
The second part of the study appraised the existing tunnel privatization situation and identified the criticism from the public?, investor? and Government? perspectives. From the analysis, it is found there are deficiencies in the privatization of tunnels in Hong Kong. For the Government, the issues raised show its ambiguity of tunnel privatization policy on the emphasis of the role of the Government. For the public, the issues raised reflect the privatized tunnels cannot meet the social need. Finally for the investors, the issues raised reveal that the investor? interest in the tunnel privatization will be hindered.
Based on the study findings, it is recommended that the Government should improve some of the roles it is assuming in privatization of tunnels. It is hoped that by addressing the concerns of different stakeholders, the community can benefit from the tunnel privatization schemes.
School:The University of Hong Kong
School Location:China - Hong Kong SAR
Source Type:Master's Thesis
Keywords:tunnels government policy china hong kong infrasturcture economics privatization
Date of Publication:01/01/2004