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Old November 8th, 2005, 08:33 PM   #1121
hkskyline
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Fears grow over sale of freight yard

Government officials have failed to allay fears that KCRC's Hung Hom freight yard will be sold to the MTR Corporation in an asset sale due to be finalized next year.

Doug Crets
Hong Kong Standard
Wednesday, November 09, 2005

Government officials have failed to allay fears that KCRC's Hung Hom freight yard will be sold to the MTR Corporation in an asset sale due to be finalized next year.

The expected sale of public land will thwart a development push by the government's Planning Department to create a new aquarium and turn industrial land into a public market and entertainment space.

The government's response comes three days after Paul Zimmerman, convener of Designing Hong Kong Harbour District - a group advocating better planning for the harborfront - sent an open letter to Secretary for Financial Services and the Treasury Frederick Ma asking him to confirm or deny rumors that the freight yard, which has proved an eyesore for even the government, will be handed over to the MTR Corporation in the government's 2006 asset sale.

If sold, the freight yard will be taken away from government ownership and an "action area plan" designed by the Town Planning Board to develop the harbor will be in peril, Zimmerman said.

Teresa Chiu, principal information officer for the government secretariat, said: "The discussions between government and the MTRC on a possible railway merger are still ongoing. As such, we're not in a position to provide information on the details of such discussions."

According to Zimmerman's open letter to Ma, written on November 5, one of the few opportunities for the government to create a harborfront environment for the public is at risk of disappearing.

"To make this vision come true, the site needs to remain firmly in government's control," the letter reads.

"The sale of the now government- owned freight yard to publicly-listed MTRC would deny the community this opportunity. If it's true the government has included the freight yard and jetty in the sale, then the question is: what value is assigned?" Zimmerman said.

The "vision" is for developers to convert the freight yard into public parks, complete with grass, trees and tiered plazas for strolling and outdoor activities.

The planning body report said: "The KCRC freight yard, which is expected to remain in situ for the immediate future, is a major incompatible use. [Ceasing freight operations in the yard] will offer the opportunity for continuity of the promenade between Tsim Sha Tsui East and Hung Hom Reclamation and for a major tourism-related development."

The action plan states that developers will create parking space for coaches and roads for traffic flow and, at the same time, provide pedestrians with some tranquility in the very crowded Tsim Sha Tsui area.

"To avoid reclamation, additional space is proposed by using stilted buildings and platforms to accommodate the main attractions - an aquarium and exhibit gallery," leaving the remaining areas for piazzas and terraced restaurants, Zimmerman said.

However, he said, the future is now uncertain. Since nobody in government is willing to openly declare the asset sale, it was up to the public to "ring the bell," and ask for answers, he said.
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Old November 9th, 2005, 04:53 PM   #1122
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MTR is the envy of great cities
Property development is the secret behind the success of Hong Kong's underground railway system
8 November 2005
South China Morning Post

IT IS EASY TO forget how spoilt we have become as a result of the city's mass transit railway system. After all, three minutes spent waiting for a train is considered a long wait for Hong Kong people, whose lives are a frenzied rush all the time. But if you think a bit deeper about the state of our transport system, you will realise how blessed we are to be commuters in Hong Kong.

Our MTR system is the envy of large cities like London and New York, even though their train systems have been in place for many, many years.

While they struggle to run safe, clean and efficient underground railways, Hong Kong epitomises just that. Its system is hygienic and exceptionally punctual. Reports of breakdowns are rare and graffiti and violence are virtually unheard of. No wonder countries are looking to Hong Kong's MTR as a model of excellence.

Perhaps even more astonishing is the fact that, while overseas governments have been subsidising their inefficient rail operators for years, the MTR has not cost Hong Kong taxpayers a single cent, and remains one of the few unsubsidised rail companies.

So what exactly is the MTR Corporation doing right?

The secret of its success is its rail and property business model. It works this way: the government gives the MTR Corporation negotiated rights to develop property complexes alongside its rail stations and depots. The administration is then able to obtain full market value for the land, while the MTR Corporation develops the sites with other developers, shares the profits, and then invests back into its rail system. Clearly it is a win-win situation and it has been at work for more than two decades.

Since 1990, this model has earned the government up to $600billion in land premium, with the MTR Corporation's property developments in Hong Kong numbering more than 20 sites.

From older properties such as Telford Gardens to newer developments like the shopping complex Maritime Square in Tsing Yi, the company is as much an expert on property development and management as it is on building and running rail systems.

Its integrated properties are impressive, incorporating offices, flats and shopping malls directly above or next to stations, offering end-users convenience and efficiency.

The organisation is now looking at deploying the same successful model north of Hong Kong, particularly as key Chinese cities such as Beijing, Shanghai and Shenzhen have reached a stage where they cannot continue to urbanise further without the development of better mass transit rail systems.

Just look at the numbers and it becomes clear why the MTR Corporation's China future is so bright. According to chief executive Chow Chung-kong, every major Chinese city is expected to need about 450km of rail network, translating into an investment requirement of about 230 billion yuan for each city.

This is staggering potential, given that Hong Kong's fairly saturated rail system, operated by the MTR Corporation and the Kowloon-Canton Railway Corporation, totals about 168km.

To date, the MTR Corporation has inked an agreement in principle with the Shenzhen Municipal People's government to build and operate line 4 of the city's metro system. It will also be responsible for commercial and residential developments along the route.

Further north, it is looking at a similar set-up to construct and operate the Beijing Metro Line 4, helped by funding from the Beijing Municipal People's government.

The company's ambitions go far beyond Asia though. It is also bidding with its joint-venture partner to operate railway franchises in Britain.

"The UK's rail system is quite fragmented, with no integrated knowledge chain to support it," said Mr Chow. "We have the integrated knowledge they require, all the way from town planning, railway design and construction to maintenance and development of stations."

While the corporation has and will recruit specialists to spearhead new initiatives, most of its human resources needs are likely to be met by its pool of 6,500 staff.

"The company has a very low turnover at less than 2 per cent even today. It is essentially the same group of people who have adapted to different sets of equipment, been willing to change and develop. It is tremendously satisfactory to see our people grow into these roles," Mr Chow said.

The company, which has set up a pool of talent to facilitate its overseas growth, provides training for staff who opt to join this group.

"There are about 370 people in this pool, and we have the aim of eventually deploying them overseas," Mr Chow said.

Despite its foray abroad, the company's birthplace will always be an indispensable part of operations. "Hong Kong will always remain our home," said Mr Chow.
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Old November 10th, 2005, 09:40 AM   #1123
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The Chairperson of the MTRC travels with the passengers on TKO Line this Sunday! See the Press Release for more details!
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Old November 11th, 2005, 06:40 AM   #1124
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Corporation aims to be a world-class champion
8 November 2005
South China Morning Post

The MTR Corporation is aiming to capitalise on the potential of advertising.

"We have revamped our advertising format and diversified our mix of retail shops to make them more attractive and give customers a bigger choice from Starbucks to cosmetics," said chief executive Chow Chung-kong.

As part of its improved marketing campaign, the corporation is trying innovative ideas: it will soon launch a 3D advertising concept in its stations, the first of its kind in the world, giving advertisers the opportunity to showcase objects such as furniture or cars to restless passengers waiting for the train to pull in.

With the opening of Hong Kong Disneyland, the organisation is making the most of its tourist trade as well. Mr Chow said the Disney line offered passengers a new travel experience, from the Disney design of the train to the station's staff, who were dressed up in costumes.

The corporation is also in the process of building the Tung Chung cable car project, to be completed by early 2006.

And while Hong Kong's rail system is already comprehensive, discussions with the government on rail extensions continue. The West Island line could soon run as far as Kennedy Town via University and Sai Ying Pun. The South Island line would run from South Horizons via Lei Tung, Wong Chuk Hang and Ocean Park to Admiralty.

Listed on the Hong Kong stock exchange in 2000, the MTR Corporation plans to continue concurrently developing its properties, retailing and stations as they are all integrated and supplement each other, according to Mr Chow.

"We would like the MTR to become a Hong Kong champion; an organisation that is recognised internationally but also makes people's lives better through a high-quality mass transit system and property developments," he added.
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Old November 11th, 2005, 06:46 AM   #1125
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Quote:
Originally Posted by hkskyline
MTR is the envy of great cities
Property development is the secret behind the success of Hong Kong's underground railway system
8 November 2005
South China Morning Post

IT IS EASY TO forget how spoilt we have become as a result of the city's mass transit railway system. After all, three minutes spent waiting for a train is considered a long wait for Hong Kong people, whose lives are a frenzied rush all the time. But if you think a bit deeper about the state of our transport system, you will realise how blessed we are to be commuters in Hong Kong.

Our MTR system is the envy of large cities like London and New York, even though their train systems have been in place for many, many years.

While they struggle to run safe, clean and efficient underground railways, Hong Kong epitomises just that. Its system is hygienic and exceptionally punctual. Reports of breakdowns are rare and graffiti and violence are virtually unheard of. No wonder countries are looking to Hong Kong's MTR as a model of excellence.

Perhaps even more astonishing is the fact that, while overseas governments have been subsidising their inefficient rail operators for years, the MTR has not cost Hong Kong taxpayers a single cent, and remains one of the few unsubsidised rail companies.

So what exactly is the MTR Corporation doing right?

The secret of its success is its rail and property business model. It works this way: the government gives the MTR Corporation negotiated rights to develop property complexes alongside its rail stations and depots. The administration is then able to obtain full market value for the land, while the MTR Corporation develops the sites with other developers, shares the profits, and then invests back into its rail system. Clearly it is a win-win situation and it has been at work for more than two decades.

Since 1990, this model has earned the government up to $600billion in land premium, with the MTR Corporation's property developments in Hong Kong numbering more than 20 sites.

From older properties such as Telford Gardens to newer developments like the shopping complex Maritime Square in Tsing Yi, the company is as much an expert on property development and management as it is on building and running rail systems.

Its integrated properties are impressive, incorporating offices, flats and shopping malls directly above or next to stations, offering end-users convenience and efficiency.

The organisation is now looking at deploying the same successful model north of Hong Kong, particularly as key Chinese cities such as Beijing, Shanghai and Shenzhen have reached a stage where they cannot continue to urbanise further without the development of better mass transit rail systems.

Just look at the numbers and it becomes clear why the MTR Corporation's China future is so bright. According to chief executive Chow Chung-kong, every major Chinese city is expected to need about 450km of rail network, translating into an investment requirement of about 230 billion yuan for each city.

This is staggering potential, given that Hong Kong's fairly saturated rail system, operated by the MTR Corporation and the Kowloon-Canton Railway Corporation, totals about 168km.

To date, the MTR Corporation has inked an agreement in principle with the Shenzhen Municipal People's government to build and operate line 4 of the city's metro system. It will also be responsible for commercial and residential developments along the route.

Further north, it is looking at a similar set-up to construct and operate the Beijing Metro Line 4, helped by funding from the Beijing Municipal People's government.

The company's ambitions go far beyond Asia though. It is also bidding with its joint-venture partner to operate railway franchises in Britain.

"The UK's rail system is quite fragmented, with no integrated knowledge chain to support it," said Mr Chow. "We have the integrated knowledge they require, all the way from town planning, railway design and construction to maintenance and development of stations."

While the corporation has and will recruit specialists to spearhead new initiatives, most of its human resources needs are likely to be met by its pool of 6,500 staff.

"The company has a very low turnover at less than 2 per cent even today. It is essentially the same group of people who have adapted to different sets of equipment, been willing to change and develop. It is tremendously satisfactory to see our people grow into these roles," Mr Chow said.

The company, which has set up a pool of talent to facilitate its overseas growth, provides training for staff who opt to join this group.

"There are about 370 people in this pool, and we have the aim of eventually deploying them overseas," Mr Chow said.

Despite its foray abroad, the company's birthplace will always be an indispensable part of operations. "Hong Kong will always remain our home," said Mr Chow.
MTR rocks!
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Old November 11th, 2005, 06:49 AM   #1126
vincent
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Quote:
Originally Posted by hkskyline
Corporation aims to be a world-class champion
8 November 2005
South China Morning Post

The MTR Corporation is aiming to capitalise on the potential of advertising.

"We have revamped our advertising format and diversified our mix of retail shops to make them more attractive and give customers a bigger choice from Starbucks to cosmetics," said chief executive Chow Chung-kong.

As part of its improved marketing campaign, the corporation is trying innovative ideas: it will soon launch a 3D advertising concept in its stations, the first of its kind in the world, giving advertisers the opportunity to showcase objects such as furniture or cars to restless passengers waiting for the train to pull in.

With the opening of Hong Kong Disneyland, the organisation is making the most of its tourist trade as well. Mr Chow said the Disney line offered passengers a new travel experience, from the Disney design of the train to the station's staff, who were dressed up in costumes.

The corporation is also in the process of building the Tung Chung cable car project, to be completed by early 2006.

And while Hong Kong's rail system is already comprehensive, discussions with the government on rail extensions continue. The West Island line could soon run as far as Kennedy Town via University and Sai Ying Pun. The South Island line would run from South Horizons via Lei Tung, Wong Chuk Hang and Ocean Park to Admiralty.

Listed on the Hong Kong stock exchange in 2000, the MTR Corporation plans to continue concurrently developing its properties, retailing and stations as they are all integrated and supplement each other, according to Mr Chow.

"We would like the MTR to become a Hong Kong champion; an organisation that is recognised internationally but also makes people's lives better through a high-quality mass transit system and property developments," he added.
do they literally means 3D advertising?? or just used as some fancy word to describe a dynamic ad strategy?
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Old November 12th, 2005, 01:36 AM   #1127
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Small developers shun KCRC's Tai Wai project

Small developers have shied away from the Kowloon-Canton Railway Corp's tender for the development of residential property atop Tai Wai station, even though it has been divided into two packages to ease the cost burden.

Danny Chung
Hong Kong Standard
Saturday, November 12, 2005



Small developers have shied away from the Kowloon-Canton Railway Corp's tender for the development of residential property atop Tai Wai station, even though it has been divided into two packages to ease the cost burden.

The government-owned railway operator said Friday it has received 24 expressions of interest in the project from 15 companies and one joint venture. Analysts estimate total costs at HK$15 billion.

Developers could tender for both or one, thereby allowing smaller developers with limited resources to take part. Tenders are expected to be awarded in first-quarter 2006.

However, Tony Chan, executive director at Vigers Appraisal & Consulting, said issues such as bird flu and increasing interest rates may have prompted smaller players to stay away.

"Moreover, the size of this project is quite large," he said. "Even if it has been cut into two, the smaller part is still quite large."

Big developers including Cheung Kong (Holdings), Sun Hung Kai Properties and Henderson Land Development, and mid-sized listed firms such as Hang Lung Properties, K Wah International and Kerry Properties submitted tenders.

The only small listed developer to have tendered is SEA Holdings.

Privately held developer Nam Fung Group and clothing maker Manhattan Garments Holdings also registered interests. Nam Fung submitted its interest via subsidiary Nam Fung Textiles Consolidated.

KCRC public affairs manager for projects and property Mabel Wan declined to give a breakdown of which firm showed interest in which project.

Package one consists of eight residential towers comprising 2,928 flats to be completed in two phases by 2010 while the second will comprise four residential towers and 1,376 flats.

The 7.06-hectare site on the podium above the Tai Wai Maintenance Centre has a total gross floor area of about 3.66 million square feet with an average apartment size of about 785 sq ft.

Vigers' Chan said he had revised his earlier estimate of the accommodation value from HK$2,000 to HK$3,000 per square foot to better reflect the potential of commercial elements if companies like Sun Hung Kai Properties, with good experience of developing shopping malls, win the tender.

As such, with construction costs added on, total investment could be about HK$15.4 billion, up from a previous HK$12 billion estimate.

Separately, K Wah, Henderson, New World Development and Sino Land are among six companies to have submitted tenders to the Government Property Agency for 46 units at former government quarters at 8-10 Caldecott Road in Cheung Sha Wan.
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Old November 12th, 2005, 05:51 AM   #1128
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韓地鐵夾嬰車拖行30米
港列車安全響警號

12/11/2005

地下鐵路系統的幕門及車門安全性一直惹人關注,繼近日本港接連發生多宗地鐵車門夾傷乘客意外後,連部分本地列車的原產地南韓首都首爾,日前也發生駭人的車門夾嬰兒車拖行意外。嬰兒車內的嬰孩雖及時被母親及一名女乘客救出,但慌忙中母親與女乘客的衣物被嬰兒車纏,兩人連人帶車被拖行三十米始甩脫,事件中墮地嬰孩並無大礙,母親與女乘客則頭部受輕傷。本港地鐵表示,部分列車雖然是韓製,但安全系統及標準均是自行設計,一吋厚物件被夾時就不能開車。

列車拖行乘客的駭人意外發生於周四(本月十日),當時一名母親在良才地鐵站月台推一輛嬰兒車進入車廂時,突然車門關上並把嬰兒車輪夾。列車司機沒有察覺且繼續開行。母親大驚下強行將嬰兒車拉出,但嬰兒車被列車拖行,母親立時上前捉緊嬰兒雙腳,圖將他拉出嬰兒車外,一名女乘客見狀衝上前幫忙,但兩人卻被嬰兒車絆倒,母親失去平衡,手抱的嬰兒頭部地跌在地上,兩女的衫腳及裙腳則因被嬰兒車而被列車拖行,女乘客被拖行兩米後成功脫險,而婦人的衣服卻被嬰兒車纏住,一直被拖行近三十米後,司機才知悉事件,即時煞車。

事發後,南韓電視台取得當日在月台防盜攝錄機拍得的片段公開播放,立即震驚當地,警方正調查車務員及車站職員,研究各人在安全確認上有否失職,以及地鐵車門感應系統有否出現問題。

觀塘線有韓製列車
本港地鐵亦有十三列行走觀塘線的列車是由韓國製造,地鐵發言人表示,車廂雖由韓國製造,但安全系統及標準則由地鐵自行設計。當車門夾到厚度達一吋或以上的物件,列車便不能開動,駕駛室亦有信號提醒車長車門未有關好。

環境運輸及工務局發言人謂,港府認為在鐵路運作上,乘客安全是最重要,本港鐵路系統已有嚴謹安全標準及設施。

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Old November 12th, 2005, 04:21 PM   #1129
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MTR assures safety after Seoul train drama
12 November 2005
South China Morning Post

The MTR Corporation said yesterday its train door safety standards met international requirements after an incident in Seoul where a woman was dragged several metres after her clothing was caught in the doors.

Closed-circuit cameras at a metro station in Seoul showed the woman boarding a train on Thursday morning with her child in a pram when the doors began to close, trapping the pram. The woman managed to pull the pram free with the help of a passer-by, but her clothing got caught in the doors in the process and she was dragged several metres before she managed to break free. She was slightly injured and her baby escaped unscathed.

Thirteen of the MTR's fleet of 130 trains were manufactured in South Korea, a spokeswoman for the MTR Corp said yesterday. But she could not confirm whether they were made by the same manufacturer or were the same models as those used in Seoul.

"We can't comment on the issue as we don't have information on their operations, the train design and the incident," the MTR spokeswoman said.

"Compartments for 13 of our trains were manufactured in South Korea but the safety specifications design was done by MTR staff. We have professionals who follow up and carry out quality checks.

"Our train doors have an obstacle detection device which will prevent the train from starting when objects trapped between the doors are larger than the design's tolerance."
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Old November 12th, 2005, 05:44 PM   #1130
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http://zh.wikipedia.org/wiki/%E9%A6%...9C%B0%E9%90%B5
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Old November 14th, 2005, 11:43 AM   #1131
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future MTR system



source:http://en.wikipedia.org/wiki/MTR
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Old November 14th, 2005, 04:48 PM   #1132
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MTR expected to get Beijing No.10 Subway Line
11 November 2005

MTR Corporation (MTR) is expected to reach an agreement with Beijing City Government to build the Beijing No.10 Subway Line. This is MTR's another major project in China after it has secured a subway and property development project to build the Shenzhen No.4 Metro Line.

The Beijing No.10 Subway Line has a total length of 32.9km and 28 stations. The construction will be divided into two phases. The first phase of construction, involving 24.585km of subway length, will have 22 subway stations. The second phase of construction connects the No.10 Subway Line with the No.5 Subway Line at Songjiazhuang station. Another part of the No.10 Subway Line in the second phase is a westward extension from Xitou Wanliu Station to Nanding Station.

Although details of the Beijing No.10 Subway Line is not revealed, it is believed that the No.10 Subway Line will not have property development rights attached.

Hong Kong Commercial Daily News
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Old November 15th, 2005, 05:33 PM   #1133
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MTR Corp Oct passengers 73.58 mln vs 71.48 mln in Sept
15 November 2005

HONG KONG (AFX) - MTR Corp Ltd said it carried 73.58 mln passengers in October, up 2.90 pct from 71.48 mln in September.

On an average weekday basis, MTR Corp carried 2.54 mln in October, up from 2.53 mln in September, according to figures published on the company's website.

The October figure for the MTR average weekday passenger traffic covers the Tsuen Wan, Island line, Kwun Tong, Tung Chung, and Tseung Kwan O lines, according to the data.

The total monthly patronage of the MTR Lines and Airport Express Line for October rose 4.01 pct year-on-year, but no comparative numbers of passengers for the period were given.

For comparative month-on-month figures, the website said Airport Express carried 754,000 passengers in October, up from the 706,000 passengers it carried in September, it said.

On an average daily basis, the Airport Express carried 24,300 people in October, against 23,500 in the preceding month.
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Old November 15th, 2005, 05:34 PM   #1134
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MTR looks to run Germany's S-Bahns
By ROBERT WRIGHT
14 November 2005
Financial Times

Hong Kong's MTR Corporation may bid to become the first private operator of some of Germany's intensively-used suburban train services, according to the chief executive of thecompany's European arm.

The company, which runs Hong Kong's well-regarded metro system, would also be interested in operating or participating in the refinancing of European metro systems, Jeremy Long told the Financial Times.

MTR would also make bids for a wide range of UKpassenger rail franchises due to be issued by 2007.

It would represent a major step forward for both MTR and Germany's rail market if the company were to win the right to operate one of the country's commuter railsystems, known as S-Bahns.

MTR, which is listed on the Hong Kong stock exchange but controlled by Hong Kong's government, is seeking to expand outside the territory as scope for new lines runs out.

The company is helping to construct metro lines in mainland China but believes its operational expertise could prove helpful inwinning work in Europe.

While many German states have awarded concessions to run rural train services to private companies instead of Deutsche Bahn, the state-owned rail company, officials have been slower to tender out S-Bahn operations.

Mr Long, who joined MTR in May from Britain's FirstGroup, said a number ofS-Bahns would go out to tender over the next three to four years. MTR would be interested in competing for such work.

MTR announced its push to expand in Europe late last year when it launched a bid with a partner for the UK's Integrated Kent Franchise. It has since launched a bid for the Thameslink franchise and is seeking to pre-qualify to bid for the busy South Western franchise.

The company is also awaiting a decision on its bid to run Stockholm's Pendeltag local train services.

"We would look at rail, as in commuter, inter-city and regional rail," Mr Long said. "We would also very much be interested in metrosystems. One is aware that there are other majorEuropean cities that may well look to privatise their metro systems."

Only the Stockholm and Copenhagen metros are currently run by private contractors. Mr Long mentioned the Amsterdam metro,currently under construction, and Barcelona's metro as possible targets.

MTR was interested in work developing new lines, operating trains or participating in ventures such as the London Underground Public-Private Partnership, under which private companies maintain and upgrade infrastructure and trains.
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Old November 20th, 2005, 12:57 PM   #1135
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[ MORE ... ]
This pictures look fabulous......did u use a DSLR, Gakei??
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Old November 21st, 2005, 06:01 PM   #1136
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Nice.

I hate to say this.I find this disneyland/Universal studios kind of stuff depressing.While there's nothing really wrong with this,these kind of concepts in amusement parks belong in America in my opinion.When I goto the States I want to see this kind of stuff.Everytime I goto to Tokyo or Paris and if I return to Hong Kong after a 15 year adsence,the last thing on my mind is or will be to take a day out to visit Disneyland??
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Old November 22nd, 2005, 03:03 AM   #1137
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Fare cut offered to woo commuters
Passengers on KCRC's Ma On Shan line to benefit from bid to boost numbers

22 November 2005
South China Morning Post

Regular passengers on the Ma On Shan railway line will soon get a fare cut of almost 50 per cent - but the Kowloon-Canton Railway Corporation is attaching strings to make sure the concession is not abused.

The price of a monthly pass on the recently opened line will be cut from $300 for regular users and $380 for intermittent buyers, to $200 from January 1. The greatest savings would be made by travellers who pay for their tickets on a daily basis. For instance a user travelling from East Tsim Sha Tsui to Wu Kai Sha from January 1 would save $460 with the pass.

The pass gives free rides on the corporation's East Rail - to which the Ma On Shan line connects - for passengers who board at a station on the new line. But passengers who get on and off a train at the same station within 20 minutes will be charged full fare. This is aimed at preventing East Rail passengers from making a detour on to the Ma On Shan line to claim concessions.

"We believe there will not be a large number of people who would bother to take a big round-about detour and wait for 20 minutes every day just to use the benefit," said KCRC chairman Michael Tien Puk-sun. "If you believe time is money, the time you waste on waiting will offset the benefit."

Exemptions will be made for those with genuine reasons to leave and re-enter the station within a short time. "For example, if you've forgotten your belongings, or you've lost your son, you go and seek help from our staff, they'll look into the situation and offer you that ride free of charge," KCRC acting chief executive officer Samuel Lai Man-hay said.

But the company will still be alert for abuses. Mr Tien said passengers' records can be retrieved from their Octopus cards, so KCRC staff will find out if commuters use excuses every day.

The benefit, originally scheduled to take effect by December 1, was postponed to January 1 to give the corporation time to alter the check-in machines. It is aimed at boosting passenger flow on the extension line, which handles 110,000 commuters a day, well below the original estimate of 190,000.

Mr Tien said that if the monthly pass did not meet the company's financial expectations, the concession may be cut after six months.

"We need 4,000 extra buyers a month to cover our loss from the concession," he said.

The free rides on East Rail do not include the Lowu and Racecourse stations.

Meanwhile, the KCRC said noise levels at Artland and Iris Garden in Sha Tin Park had been reduced after the corporation polished the track at City One station and put up a two-metre partition to shield it from residential blocks.
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Old November 22nd, 2005, 04:55 PM   #1138
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KCRC launches Ma On Shan Rail One-Month Pass
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Old November 25th, 2005, 03:46 PM   #1139
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25 November 2005
Corporate Press Release
One tender received for Tuen Mun Station property development project

One tender was received for the joint venture property development at West Rail Tuen Mun Station at the close of submission today.

Kowloon-Canton Railway Corporation’s (KCRC’s) Director - Property Mr Daniel Lam said, “Tuen Mun project is a relatively large-scale project which involves not only residential blocks but also a sizable shopping mall. It is understandable that some of the shortlisted developers take a more prudent approach.

“The Corporation will carefully examine the tender received and will decide whether to award the joint venture contract or not,” Mr Lam said.

The tender received is from Creston Investments Limited, a wholly owned subsidiary of Cheung Kong (Holdings) Ltd.

Occupying an area of about 2.7 hectares, the project has an approximate gross floor area of 145,000 sq. m., comprising 120,000 sq. m. for residential use and 25,000 sq. m. for retail purposes.

The current development proposal comprises seven residential towers housing about 1,924 flats atop a podium containing a retail centre, car park, Park and Ride facilities and a station entrance plus a permanent Public Transport Interchange on the ground floor.

KCRC proposes to develop the site in two phases under one joint venture package.
http://www.kcrc.com.hk/Upload%20Cont...g/E051125A.htm
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Old November 26th, 2005, 08:01 AM   #1140
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