MTR Corporation Limited is a company listed on the Hong Kong Exchange (SEHK: 0066) and included in the Hang Seng Index. MTR owns and runs the Hong Kong MTR metro system, and is also a major property developer and landlord in Hong Kong. It also invests in railways in different parts in the world, and has obtained contracts to operate rapid-transit systems in London, Stockholm, Beijing, Shenzhen, and Melbourne.
The Mass Transit Railway Corporation (Chinese: 地下鐵路公司) was established in 1975 as a government-owned statutory corporation so as to look over the initial construction of the Hong Kong Mass Transport System. Later, it operates and manages the functioning transport system. On 30 June 2000 the MTRC was succeeded by the MTR Corporation Limited (MTRCL, Chinese: 地鐵有限公司). As with the MTRC, the MTRCL's principal business is to operate the mass transit railway system. Following a successful initial public offering, the MTRCL was listed on the Hong Kong Stock Exchange on 5 October 2000, however the government is still the major stakeholder in the MTRCL.
On 2 December 2007, the company started running the original KCRC railway system, which the plan is commonly known as the MTRCL-KCRC merger. The Chinese name of the company became 香港鐵路有限公司 (literally translated as Hong Kong Railway Corporation Limited) but English equivalent remained Mass Transit Railway (MTR). The logo of MTR symbolises a railway line connecting Hong Kong Island and Kowloon.
The MTR Corporation Limited is responsible for the operation of MTR (and KCR since 2 December 2007) in Hong Kong. Besides railway operations, the MTRCL is also actively involved in the development of key residential and commercial projects above existing stations and along new line extensions as well as many other commercial activities associated with the railway. The most recent of such developments was the large Maritime Square shopping centre development which was built in conjunction with Tsing Yi station. The MTRCL is also involved in the letting of retail and poster advertising space, ATM banking facilities, and personal telecommunication services. It also provides consultancy services to organisations worldwide.
No comments:
Post a Comment