Is MTR Privatised?

On 5 October 2000 the operator of the MTR network, the Mass Transit Railway Corporation (MTRC), became Hong Kong's first rail company to be partially privatised, marking the beginning of the Hong Kong government's initiative to reduce its interests in public utilities.



People Also Ask

MTR stations host more than 1,400 shops and nearly 47,000 advertising units. The company charges rent as well as earning money from telecoms operators by allowing them to provide mobile network coverage inside the rail system.

MORE DETAILS

As Hong Kong is very densely populated, there would be no physical space for another railway network to perform in Hong Kong. The MTR already connects a large number of Hong Kong areas to each other, and while the MTR line can be extended, there could not be another corporation competing in the same field.

MORE DETAILS

Its affordable transport network has high station density and a strong rail network for the city's large population. It's a popular mode of transit among commuters, despite the fact that it isn't available 24/7, like in some cities.

MORE DETAILS

Originally Answered: How can the the Hong Kong MTR (metro transportation) be so cheap? The answer is simple, the MTR and Airport Express networks comprise a total of 93 stations and carry an average of about 4.84 million passengers per day. If there were fewer passengers, it would be much more expensive.

MORE DETAILS

Whether you are travelling for business or leisure, you can explore more destinations with the reliable and comfortable High Speed Rail service. Speedy: Running at 200km/h in the Hong Kong Section and up to 350km/h in the Mainland Section, High Speed Rail is the fastest cross-boundary land transport in Hong Kong.

MORE DETAILS

Eating And Drinking You are not allowed to eat or drink anywhere inside the paid areas of the trains, which includes the platforms and also on the trains. That's been the rule since the MTR first opened and generally Hong Kong people are entirely ok with this, and you don't see anybody breaking this rule.

MORE DETAILS