Toll rises on the Western Harbour Tunnel, Hong Kong, appear likely after the operator ruled out surrendering its franchise to address its US$795M debt. The Western Harbour Tunnel Company has US$449M in bank loans, and US$346M in shareholder loans. The company said that despite its current financial position, it was confident about the long-term outlook for the business. A recent US$0.26 hike in toll charges means that private cars and public buses now have to pay US$1.90 for a single trip.
