What is the abbreviation for Hong Kong MTR?
IPA. [kɔ̌ːŋ tʰīːt̚] The Mass Transit Railway ( MTR) is a major public transport network serving Hong Kong. Operated by the MTR Corporation Limited (MTRCL), it consists of heavy rail, light rail, and feeder bus service centred on an 11-line rapid transit network serving the urbanised areas of Hong Kong Island, Kowloon, and the New Territories.
What are the main businesses of the MTR?
Property is one of the main businesses of the MTR generating most of the profits. In 2009 of a net profit of HK$7.3 billion, MTR made HK$3.55 billion from property and HK$2.12 billion from transport operations. The MTR tries to develop suitable sites related to their new railway projects and their existing railway.
What do the different colours of the MTR stations mean?
The various colours of MTR stations. The decision to use colours for each station was to help travellers who couldn’t read find their way. Mong Kok is red, Admiralty is blue, and no one passing through Choi Hung MTR station can fail to spot the rainbow-streaked pillars at the platform.
When did the MTRCL merge with MTR?
The merger was approved by shareholders of the MTRCL on 9 October 2007. The merger is effective for 50 years. This also resulted in changing the system’s Chinese name from “地鐵” (“Subway”) to “港鐵” ” (Hong Kong Railway”). All adult Octopus Card holders would be the first to benefit from the merger.
What is the most popular public transport in Hong Kong?
As of 2014, the MTR has a 48.1% market share of the franchised public transport market, making it the most popular transport option in Hong Kong. The integration of the Octopus smart card fare-payment technology into the MTR system in September 1997 has further enhanced the ease of commuting on the MTR.
How many cars does the Tsuen Wan MTR have?
Trains were gradually extended to six cars to accommodate an increase in passenger numbers. The government approved construction of the Tsuen Wan line in 1977, then known as the Tsuen Wan Extension, and works commenced in November 1978. The project added a 10.5-kilometre (6.5 mi) section to the MTR system, from Prince Edward station to Tsuen Wan.
What is the history of the Hong Kong subway system?
On 1 September 1967, the consultants submitted the Hong Kong Mass Transport Study to the government, which recommended the construction of a 40-mile (64 km) rapid transit rail system in Hong Kong. The study suggested that four rail lines be developed in six stages, with a completion date set between December 1973 and December 1984.