WHAT IS MTR?

MTR stand for[ Mass Transit Railway]
The MTR Corporation Limited came into operation on 30 June, 2000 to succeed the Mass Transit Railway Corporation which was established in 1975 as a government wholly owned statutory corporation. The principle business is to operate mass transit railway system. Following a successful Initial Public Offering, the shares of MTR were listed on the Stock Exchange of Hong Kong on 5 October, 2000.
Besides railway operations, the Corporation 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 including rental of retail and poster advertising space, ATM banking facilities and personal telecommunication services. It also provides consultancy services to organizations worldwide.

The key mission of MTR Corporation Limited is to develop and manage a world class railway, together with property and other related businesses, to enhance the quality of life in Hong Kong. Carrying an average of 2.4 million passengers on a weekday, the MTR has been confirmed by recent benchmarking studies as one of the world's finest railways for reliability, customer service and cost efficiency.

Significant progress has been made with the construction of new lines and associated property developments. The Tseung Kwan O Extension is the newest line to be completed and commenced service in August 2002. Earlier in July 2002, the MTR was awarded both the Penny's Bay Rail Link and the Tung Chung Cable Car projects. Consultation is now in progress on the proposed South Island Line and West Island Line as a railway alternative to the transport needs of the west and south sides of Hong Kong Island