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Book Cover
E-book
Author Ko, Stephen, author

Title Development of mass transit railway systems in Hong Kong : rail plus property model of MTR Corporation / Stephen Ko
Published London : SAGE Publications: SAGE Business Cases Originals, 2019

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Description 1 online resource
Series SAGE Knowledge. Cases
SAGE research methods. Cases
SAGE Knowledge. Cases
SAGE research methods. Cases
Summary Established in 1975, MTR Corporation Limited (MTR) is a publicly listed company in Hong Kong with its principal line of business in building and operating mass transit railway systems in Hong Kong, mainland China, Australia, Sweden, and the United Kingdom, either directly or through joint ventures. Alongside its transport business, MTR develops new communities along the routes by building residential and commercial buildings, shopping centres, and recreational space. This Rail plus Property model showcases how integrating railway construction and operation with property development and management enables urban transit railway systems to be financially self-reliant. This financial sustainability allows MTR to continue upgrading existing railway infrastructure as well as expand the railway network. Even though Hong Kong is a unique case in many aspects, what can other cities learn from the MTR experience with the Rail plus Property model? How should policymakers assess the prospect of using a Rail plus Property model in developing the mass transit railway systems in their own cities?
Bibliography Includes bibliographical references and index
Notes Description based on XML content
Subject MTR Corporation (Hong Kong, China) -- Periodicals
MTR Corporation (Hong Kong, China)
Railroads -- China -- Hong Kong
Railroads
China -- Hong Kong
Genre/Form periodicals.
Periodicals
Case studies.
Periodicals.
Études de cas.
Périodiques.
Form Electronic book
ISBN 9781526477248
1526477246