mtr a success story 20.11.2012 staff v3
Post on 20-Oct-2014
992 views
DESCRIPTION
HISTORY & DEVELOPENT OF HKMTRTRANSCRIPT
![Page 1: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/1.jpg)
0
![Page 2: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/2.jpg)
©1
HONG KONG MASS TRANSIT RAILWAY
A SUCCESS STORY
PRESENTED
BY
Ir Thomas S K LAICEng, MICE, MIStructE, MHKIE
Chairman HKIE UK CHAPTER
75th ANNIVERSARY OF THE HONG KONG POLYTECHNIC UNIVERSITY
![Page 3: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/3.jpg)
2
BIRTH & GROWTH OF
HONG KONG MASS TRANSIT RAILWAY
UP TO DATE
![Page 4: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/4.jpg)
BEAUTIFUL HONG KONG
3
![Page 5: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/5.jpg)
4
HONG KONG
• LOCATED AT THE PEARL RIVER
ESTUARY ON THE SOUTHERN
COAST OF CHINA
![Page 6: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/6.jpg)
VICTORIA HARBOUR
5
![Page 7: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/7.jpg)
HARBOUR FRONT
6
August 2003 77
![Page 8: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/8.jpg)
7
STAR FERRY
August 2003 66
![Page 9: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/9.jpg)
CHALLENGING BIRTH
8
![Page 10: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/10.jpg)
9
CULTURAL REVOLUTION
• In 1966 – CULTURAL REVOLUTION
RAGING IN CHINA
• SPILLED OVER TO HONG KONG
• FARE INCREASE IN STAR FERRY
• RIOTS
• SERIOUS DISRUPTION
TO PUBLIC TRANSPORT
![Page 11: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/11.jpg)
10
CULTURAL REVOLUTION
HONG KONG IN
CRISIS
![Page 12: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/12.jpg)
11
CULTURAL REVOLUTION
HONG KONG IN
CRISIS
危 机
• Danger Opportunity
![Page 13: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/13.jpg)
PUBLIC LIGHT BUS12
PLB
PLB
![Page 14: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/14.jpg)
13
PLB
• AVAILABLE - FREQUENT SERVICE
• CONVENIENT - PASSENGERS HOP ON
AND OFF ANYWHERE ALONG ROUTE
• PREMIUM FOR SERVICE
• POPULAR WITH PASSENGERS
![Page 15: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/15.jpg)
14
HONG KONG GOVERNMENT
•VIABILITY OF UNDERGROUND RAILWAY SYSTEM
•CONFIRMED BY CONSULTANT‟S FEASIBILITY STUDY
•1975 - MASS TRANSIT PROVISIONAL AUTHORITY
•1976 - MASS TRANSIT RAILWAY CORPORATION
MTRC
![Page 16: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/16.jpg)
15
MTRC
THE MASS TRANIST RAILWAY
ORDINANCE
![Page 17: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/17.jpg)
16
MTRC
• WHOLLY GOVERNMENT
OWNED ENTERPRISE
HUTCHINSON HOUSE - RENTED
OFFICES
![Page 18: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/18.jpg)
17
MTRC
• MANDATED TO BUILD AND OPERATE AN UNDERGROUND RAILWAY SYSTEM
• ON PRUDENT COMMERCIAL PRINCIPLES
• HAVING REGARD TO THE REASONABLE REQUIREMENTS OF THE PUBLIC TRANSPORT SYSTEM OF HONG KONG
![Page 19: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/19.jpg)
18
MTRC
HONG KONG GOVERNMENT PUTS IN
INITIAL EQUITY (HK$ 800 M)
MTRC BORROWS REST IN OPEN MONEY
MARKET
![Page 20: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/20.jpg)
19
PREFERRED SYSTEM
![Page 21: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/21.jpg)
INITIAL SYSTEM
LETTER OF INTENT SIGNED WITH JAPANESE
CONSORTIUM FOR THE INITIAL SYSTEM
(20 km) AS A SINGLE DESIGN & BUILD CONTRACT
20
![Page 22: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/22.jpg)
INITIAL SYSTEM
OIL CRISIS
CONSORTIUM WITHDREW
21
![Page 23: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/23.jpg)
22
MODIFIED INITIAL SYSTEM
MIS
(15.6 km)
25 CIVIL & 10 E&M
DESIGN AND BUILD
CONTRACTS
![Page 24: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/24.jpg)
23
MIS
GOVERNMENT SET UP MASS
TRANSIT ADVISER (MTA) TO:
• CO-ORDINATE BETWEEN MTRC & GOVERNMENT DEPARTMENTS
• FACILITATE TIMELY POLICY MAKING & ISSUE RESOLUTION
![Page 25: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/25.jpg)
24
MIS
DIFFERENT LEVEL OF COMMITTEES & WORKING
GROUPS:
• GOVERNMENT / MTR LIAISON COMMITTEE
• GOVERNMENT / MTR PUBLICITY COMMITTEE
• METRO PUBLIC RELATIONS POLICY GROUP
![Page 26: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/26.jpg)
25
MIS
• LAND ACQUISITION CO-ORDINATION COMMITTEE (LACC)
• STATION AND TRANSPORT INTEGRATION COMMITTEE
(STIC)
• SAFETY AND SECURITY CO-ORDINATION COMMITTEE
(SSCC)
• TRAFFIC MAMAGEMENT GROUP (TMG)
• UTILITIES CO-ORDINATION GROUP (UCG)
![Page 27: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/27.jpg)
26
INSPECTORATE OF RAILWAY
(UK)
• APPOINTED BY GOVERNMENT AS
ADVISER ON RAILWAY SAFETY
• PROVIDES INPUT DURING DESIGN
• INSPECTS RAILWAY SYSTEM
• RECOMMENDS OPENING
![Page 28: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/28.jpg)
IMPORTANCE OF PUBLIC RELATIONS
• OBSERVATION WINDOWS ON HOARDINGS
• GROWING FOR YOU
27
MIS
![Page 29: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/29.jpg)
IMPORTANCE OF PUBLIC RELATIONS
• CEREMONIES OF COMMENCEMENT
& COMPLETION OF WORKS
28
MIS
![Page 30: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/30.jpg)
IMPORTANCE OF PUBLIC RELATIONS
PARTICIPANTS (STAKEHOLDERS) INCLUDE:
CORPORATION REPRESENTATIVES
CONTRACTORS
CONSULTANTS
GOVERNMENT OFFICIALS
LEGISLATORS
DISTRICT COUNCILLORS
LOCAL DIGNITARIES
29
MIS
![Page 31: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/31.jpg)
IMPORTANCE OF PUBLIC RELATIONS
• TEAM BUILDING
• PUBLICISING PROGRESS OF WORKS
30
MIS
![Page 32: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/32.jpg)
GROUNDBREAKING CEREMONY
BY CHAIRMAN SIR NORMAN THOMPSON
AT KWUN TONG31
MIS
WORK STARTED
• NOVEMBER
1975
![Page 33: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/33.jpg)
32
MIS
• FIRST CHAIRMAN – SIR NORMAN THOMPSON
DIRECT ACCESS TO THE GOVERNOR
SIMPLE & CLEAR MESSAGES
• PROJECT MANAGER – HONG KONG &
SHANGHAI BANK HQ BUILDING
![Page 34: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/34.jpg)
33
MIS
FIRST M.D. – PROF TONY RIDLEY
M.D. – LONDON UNDERGROUND
MAJOR IMPROVEMENT TO THE SYSTEM
CO-M.D. - EUROTUNNEL
PROFESSOR – IMPERIAL COLLEGE LONDON
ICE PRESIDENT
![Page 35: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/35.jpg)
34
MIS
• GENERAL PUBLIC
– EXCITEMENT
– EXPECTATION
– DETERMINATION
![Page 36: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/36.jpg)
35
MIS
• GENERAL PUBLIC
HIGH DEGREE OF TOLERENCE
&
CO-OPERATION
![Page 37: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/37.jpg)
36
MIS
PROJECT MANAGEMENT APPROACH:
• QUICK DECISION-MAKING
• REGULAR MONITORING OF EFFECT OF CHANGES ON BUDGET & PROGRAMME
• APPROPRIATE DELEGATION OF AUTHORITY
• SHARE RISKS & BENEFITS WITH CONTRACTORS
![Page 38: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/38.jpg)
37
MIS
• BASED ON PROVEN TECHNOLOGY
• PROJECT MOTTO:
IF IT IS ESSENTIAL,
GET ON WITH IT.
IF IT IS DESIRABLE,
FORGET IT.
![Page 39: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/39.jpg)
38
MIS
GOVERNMENT
COMMUNITY MTRC
UNITY IN PURPOSE
![Page 40: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/40.jpg)
MIS
GROUND CONDITIONS
ALLUVIAL DEPOSITS
GRANITE (VARYING DEGREE OF
DECOMPOSITION)
HARD ROCK
39
![Page 41: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/41.jpg)
MIS
40
STATION WALL CONSTRUCTION
![Page 42: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/42.jpg)
MIS
41
STATION CONSTRUCTION
![Page 43: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/43.jpg)
MIS
42
INSITU HORSESHOE TUNNEL
![Page 44: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/44.jpg)
MIS
43
PRECAST CONCRETE TUNNEL
LINING
![Page 45: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/45.jpg)
SGI TUNNEL LINING
44
MIS
![Page 46: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/46.jpg)
NGAU TAU KOK STATION &
VIADUCT45
MIS
![Page 47: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/47.jpg)
KOWLOON BAY DEPOT
46
MIS
![Page 48: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/48.jpg)
ADMIRALTY STATION
EXCAVATION47
MIS
![Page 49: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/49.jpg)
IMMERSED TUBE CASTING
48
MIS
![Page 50: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/50.jpg)
MIS
49
IMT
![Page 51: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/51.jpg)
50
MIS
• FROM KWUN TONG TO CENTRAL
KWUN TONG TO SHEK KIP MEI
– OPERATIONAL ON 1 OCTOBER 1979
![Page 52: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/52.jpg)
51
MIS
• FROM KWUN TONG TO CENTRAL
KWUN TONG TO TSIM SHA TSUI
– OPERATIONAL ON 31 DECEMBER 1979
![Page 53: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/53.jpg)
52
MIS
• FROM KWUN TONG TO CENTRAL
KWUN TONG TO CENTRAL
– OPENED BY PRINCESS ALEXANDRA
ON 12 FEBRUARY 1980
![Page 54: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/54.jpg)
53
MIS
• FROM KWUN TONG TO CENTRAL
ON TIME AND WITHIN BUDGET
![Page 55: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/55.jpg)
54
MIS
ESTIMATED COST IN 1975 HK$ B
(INCL. 7% p.a. ESCALATION TO 1980) 5.8
CONSTRUCTION COST 5.6
INCL. INTEREST AND FINANCE COSTS 7.3
![Page 56: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/56.jpg)
55
MIS
• NO SMOKING
• NO EATING
• NO DRINKING
• NO MUSIC/RADIO
![Page 57: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/57.jpg)
56
MIS
• CLEAN
• QUIET
• EFFICIENT
• RELIABLE
• AIR-CONDITIONEDDAVID BAARACLOUGH
FORMER OPERATIONS DIRECTOR
![Page 58: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/58.jpg)
57
MIS
SUCCESS
![Page 59: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/59.jpg)
GROWTH
58
![Page 60: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/60.jpg)
FIRST HEADQUARTERS BUILDING59
![Page 61: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/61.jpg)
TSUEN WAN LINE
BUILDING UP THE
COMPANY
60
ERIC BLACK
SECOND MD
![Page 62: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/62.jpg)
61
TSUEN WAN LINE
![Page 63: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/63.jpg)
• ENGINEER‟S DESIGN
• CONTRACTOR‟S ALTERNATIVE
PROPOSALS CONSIDERED &
ADOPTED
TSUEN WAN DEPOT
&
LUK YEUNG SUN CHUEN DEVELOPMENT62
TWL
![Page 64: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/64.jpg)
LAI KING TO KWAI FONG
CROSS-OVER
63
TWL
• SET UP STRONG IN-HOUSE
PROFESSIONAL PROJECT
MANAGEMENT TEAM
• HANDS-ON STYLE
![Page 65: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/65.jpg)
64
TWL
• PROJECT TEAM RESPONSIBLE FOR:
FEASIBLITY STUDY
PROPOSAL TO GOVERNMENT
SPECIFICATION
APPOINTMENT OF CONSULTANTS
TENDERING
CONTRACT AWARD
DESIGN MANAGEMENT
CONSTRUCTION MANAGEMENT
TESTING & COMMISSIONING
HANDOVER TO OPERATIONS
![Page 66: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/66.jpg)
65
TWL
• TSUEN WAN LINE
– TSUEN WAN
TO CENTRAL
– OPERATIONAL
10 May 1982
(AHEAD OF PROGRAMME)
![Page 67: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/67.jpg)
66
TWL
ESTIMATED COST IN 1978 HK$ B
(INCL. ESCALATION TO 1982) 4.1
CONTRACT COSTS 3.7
CORPORATION COST
CONSULATANTS‟ FEES
LAND ACQUISITION
COMPENSATION 0.7
FINAL CONSTRUCTION COST 3.9
INCL. INTEREST AND FINANCE COSTS 5.3
![Page 68: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/68.jpg)
67
ISL
![Page 69: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/69.jpg)
68
ISL
• ISLAND LINE
– CHAI WAN TO ADMIRALTY
31 MAY 1985
– CHAI WAN TO SHEUNG WAN
23 MAY 1986
![Page 70: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/70.jpg)
ESTIMATED TOTAL COSTS HK$ B
AT 1986 PRICES 10.9
(EXCL. INTEREST AND FINANCE
COSTS)
FINAL COST 10.0
INCL. INTEREST & 11.9
FINANCE COSTSWILLIAM GREIG
FORMER PROJECTS DIRECTOR
69
ISL
![Page 71: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/71.jpg)
MORE CHALLENGING TIME
70
![Page 72: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/72.jpg)
71
ISL
• CHAIRMAN & CEO :
SIR WILFRID NEWTON STRENGTHENED CORPORATION‟S FINANCE
LAID SOUND FOUNDATION FOR FUTURE
GROWTH
RE-ORGANISED HONG KONG STOCK
EXCHANGE AFTER MARKET COLLAPSE
BOARD MEMBER OF HONG KONG &
SHANGHAI BANKING CORPORATION (HSBC)
HON. FELLOW - HKIE
CHAIRMAN – LONDON TRANSPORT
OVERSAW JUBILEE LINE EXTENSION
CONSTRUCTION
![Page 73: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/73.jpg)
72
MTR
ARRIVAL & GROWTH OF MTR
COINCIDE WITH :
TRANSFORMATION OF HONG KONG
FROM REGIONAL CITY
TO INTERNATIONAL FINANCIAL CENTRE
![Page 74: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/74.jpg)
73
HONG KONG LEASE
• 99-YEAR LEASE EXPIRES ON 1 JULY 1997
• GOVERNMENT DEPENDS ON SALE OF LAND LEASES FOR REVENUE
• NEEDS TO KNOW ITS FUTURE
• NEGOTIATION BETWEEN LONDON & BEIJING
![Page 75: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/75.jpg)
HONG KONG LEASE
BRITISH PRIME MINISTER
VISITED BEIJING
OFFERED TO EXCHANGE
SOVEREIGNTY FOR ADMINSTRATION
74
MARGARET THATCHER
![Page 76: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/76.jpg)
75
HONG KONG LEASE
OFFER REJECTED BY CHINA
![Page 77: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/77.jpg)
76
HONG KONG LEASE
BUT AGREED TO:
• SET UP JOINT LIAISON COMMITTEE (JLC)
• CONTINUE NEGOTIATION
• MAINTAIN STABILITY & PROSPERITY OF
HONG KONG
![Page 78: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/78.jpg)
77
HONG KONG LEASE
• NEGOTIATION NOT GOING WELL
• UNCERTAINTY
![Page 79: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/79.jpg)
78
HONG KONG LEASE
• JITTERY & GLOOMY
• INVESTMENTS PUT ON HOLD
• STOCK MARKET CRASH
• PROPERTY BUBBLE BURST
![Page 80: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/80.jpg)
79
HONG KONG LEASE
HONG KONG DOLLAR PLUNGES
FROM AROUND HK$ 6 = US$ 1
TO
OVER HK$ 9 = US$ 1
![Page 81: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/81.jpg)
80
HONG KONG LEASE
PEOPLE RUSH TO SUPERMARKET
TO BUY :
RICE
![Page 82: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/82.jpg)
81
HONG KONG LEASE
PEOPLE RUSH TO SUPERMARKET
TO BUY :
RICE &
BABY‟S POWDERED MILK
![Page 83: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/83.jpg)
82
HONG KONG LEASE
• CURRENCY PEG
HK$ 7.8 = US$ 1
![Page 84: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/84.jpg)
83
HONG KONG LEASE
• CALM THE CITY
• STOP PANIC
![Page 85: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/85.jpg)
84
August 2003 85
HONG KONG LEASE
• IN 1984 BRITAIN & CHINA SIGNED
JOINT DECLARATION ON FUTURE OF
HONG KONG
• CHINA TO REGAIN FULL SOVEREIGNTY
ON 1 JULY 1997
![Page 86: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/86.jpg)
85
HONG KONG LEASE
PROMISE TO HONG KONG PEOPLE
• HONG KONG PEOPLE GOVERN HONG KONG
• WITH HIGH DEGREE OF AUTONOMY
• ONE COUNTRY TWO SYSTEMS
• NO CHANGE FOR 50 YEARS
![Page 87: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/87.jpg)
86
HONG KONG LEASE
•ENSHRINED IN
BASIC LAW
•LODGED WITH
UNITED NATIONS
![Page 88: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/88.jpg)
87
HONG KONG LEASE
• CURRENCY PEG
HK$ 7.8 = US$ 1
• REMAINS TO THIS DAY
![Page 89: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/89.jpg)
88
MTRC
• BORROWING IN US$
• REVENUE IN HK$
• ADVERSE IMPACT BY
HIGH INTEREST RATE (12%)
DEVALUATION
![Page 90: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/90.jpg)
89
MTRC
• HONG KONG
GOVERNMENT TO
INCREASE EQUITY
(HK$ 2.5 B ISSUED, 2.5 B
ON CALL )
• SHIFT BORROWING TO BE
HK$ DENOMINATED
ROGER MOSS
FORMER FINANCE DIRECTOR
![Page 91: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/91.jpg)
MTRC
SECURED CREDIT RATING FROM
• MOODY
• S&P
ROAD SHOW TO TAP INTERNATIONAL BOND MARKET
• YANKEE BOND
• SAMURAI BOND
90
![Page 92: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/92.jpg)
91
MTRC
IN NO POSITION TO FINANCE NEW
EXTENSIONS ON ITS OWN
EXECUTIVE COMMITTEE
![Page 93: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/93.jpg)
92
MTRC
• IN NO POSITION TO FINANCE NEW
EXTENSIONS ON ITS OWN
![Page 94: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/94.jpg)
93
EASTERN HARBOUR CROSSING
![Page 95: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/95.jpg)
EASTERN HARBOUR CROSSING
ENTRANCE94
EHC
• Build Own Transfer PROJECT BY OTHERS
• LINKING KWUN TONG TO QUARRY BAY
• THIRD CROSS HARBOUR TUNNEL
CARRYING ROAD AND RAILWAY
• RAIL PORTION LEASED TO MTRC
![Page 96: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/96.jpg)
95
EHC
MTRC PAYS SEMI-ANNUAL INSTALMENTS FOR
18½ YEARS TOTALLING HK$ 2.6 B
OTHER CAPITAL INVESTMENT
INCL. ROLLING STOCKS 0.365 B
WILLIAM DONALD
FORMER OPERATIONS
DIRECTOR
![Page 97: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/97.jpg)
96
EHC
OPENED ON 1 OCTOBER 1989
PRINCE CHARLES SPEAKING TO
THOMAS LAI
![Page 98: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/98.jpg)
97
AFTER JOINT DECLARATION
• UNCERTAINTY REMOVED
• CONFIDENCE RETURNED
LIPPO CENTRE
![Page 99: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/99.jpg)
CHECKERBOARD IN SIGHT
98
KAI TAK AIRPORT
![Page 100: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/100.jpg)
STEADY AS SHE GOES
99
KAI TAK AIRPORT
![Page 101: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/101.jpg)
DO YOUR WINDOW SHOPPING
BEFORE YOU LAND100
KAI TAK AIRPORT
![Page 102: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/102.jpg)
SEE....I LAND IT ON THE ROOF
101
KAI TAK AIRPORT
![Page 103: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/103.jpg)
HARD RIGHT TURN AND DIVE
102
KAI TAK AIRPORT
![Page 104: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/104.jpg)
BUT LANDING ON THE
RUNWAY...... IS NOT ALWAYS
EASY103
KAI TAK AIRPORT
![Page 105: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/105.jpg)
SOMETIMES.... ENDED UP IN THE
WATER104
KAI TAK AIRPORT
![Page 106: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/106.jpg)
105
AIRPORT CORE PROJECTS
RELOCATE AIRPORT FROM KAI TAK TO CHEK LAP KOK
![Page 107: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/107.jpg)
106
AIRPORT CORE PROJECTS
• APPROVED BY BEIJING
& LONDON
![Page 108: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/108.jpg)
107
AIRPORT CORE PROJECTS
• OBJECTIVES:
– TO STIMULATE ECONOMY
– TO FACILITATE FUTURE GROWTH
– TO ELIMINATE AVIATION HAZARD
– TO BE COMPLETED IN TIME FOR HANDOVER
![Page 109: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/109.jpg)
108
ACP
• AIRPORT AT CHEK LAP KOK
• TSING MA BRIDGE
• LANTAU & AIRPORT RAILWAY
![Page 110: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/110.jpg)
109
ACP
• KAP SHUI MUN BRIDGE
• TING KAU BRIDGE
• HIGHWAYS
• RECLAMATIONS
• THIRD CROSS HARBOUR ROAD
TUNNEL (WESTERN HARBOUR CROSSING)
![Page 111: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/111.jpg)
110
ACP
• HK$ 127 BILLION £ 10 BILLION
![Page 112: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/112.jpg)
111
ACP
CHINA‟S CONCERN:
• ROSE GARDEN PROJECT
• EMPTY TREASURY
• HIGH DEBT
![Page 113: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/113.jpg)
112
ACP
AGREEMENT REACHED TO:
• LEAVE HK$ 25 B MIN. IN TREASURY
• CAP GOVERNMENT BORROWING
AT HK$ 5 B UNLESS AGREED OTHERWISE
• CAP ANNUAL LAND SALE
NO MORE THAN 50 ha /year
![Page 114: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/114.jpg)
113
ACP
ESSENTIAL TO HAVE CHINA‟S AGREEMENT AND SUPPORT
TO ASSURE INVESTORS
WRANGLING OVER FINANCIAL DATA DELAYED PROJECT
START
HAMISH MATHERS
FORMER CHAIRMAN
![Page 115: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/115.jpg)
114
ACP
JACK SO CHAK KWONG
FORMER CHAIRMAN & CEO
![Page 116: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/116.jpg)
115
ACP
AT TIME OF HANDOVER
ON 30 JUNE/1 JULY 1997
CHINESE PRESIDENT ARRIVED LAST BRITISH GOVERNOR LEFT
BY PLANE
AT THE NEW AIRPORT ON ROYAL YACHT BRITANNIA
JIANG JI MEN LORD PATTEN
•
![Page 117: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/117.jpg)
116
ACP
PROJECT COMPLETED IN 1998
Ir DOUGLAS OAKERVEE
PROJECT DIRECTOR HKIA
FORMER MTR PROJECT MANAGER
ICE PRESIDENT
![Page 118: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/118.jpg)
HONG KONG INTERNATIONAL
AIRPORT117
![Page 119: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/119.jpg)
TSING MA BRIDGE
(ROAD + RAIL)118
![Page 120: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/120.jpg)
119
LANTAU & AIRPORT LINE
![Page 121: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/121.jpg)
120
LAL
AIRPORT EXPRESS LINE(AEL)
AIRPORT – HONG KONG
23 MINUTES JOURNEY
IN-TOWN-CHECK-IN
![Page 122: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/122.jpg)
121
LAL
TUNG CHUNG LINE(ON SHARED TRACK WITH AEL)
TUNG CHUNG - HONG KONG
COMMUTER LINE
ALSO PROVIDES RELIEF
TO NATHAN ROAD CONGESTION
![Page 123: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/123.jpg)
122
LAL
FINANCIAL SUPPORT AGREEMENT (FSA)
WITH GOVERNMENT
• HK$ 23.7 B ADDITIONAL EQUITY BY GOVERNMENT
• 62 ha LAND FOR DEVELOPMENT
• DEFERRAL OF DIVIDENDS UNTIL 2001
• REVENUE DEFICIENCY PAYMENTS
(80% FOR NO MORE THAN 2 YEARS
IF DELAYED BY OTHERS)
![Page 124: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/124.jpg)
123
ACP
EXTENSIVE APPLICATION OF
VALUE ENGINEERING
INTRODUCE PARTNERING
RUSSELL BLACK
FORMER PROJECTS DIRECTOR
![Page 125: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/125.jpg)
NO MORE SLIDING SEATS
124
TUNG CHUNG LINE
![Page 126: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/126.jpg)
AEL TRAIN
125
AIRPORT EXPRESS
• SPACIOUS SEATING
• PLEASANT AMBIENCE
• BUSINESS CLASS COMFORT
FROM PLANE,
THROUGH TRAIN,
TO HOTEL
![Page 127: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/127.jpg)
126
LAL
TCL
OPERATIONAL ON 22 JUNE 1998
AEL
OPERATIONAL ON 6 JULY 1998
![Page 128: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/128.jpg)
127
LAL
HK$ B
PROJECT COST 35.1
(INCLUDING CAPITALISED INTEREST)
FINANCED BY:
EQUITY 23.7
DEBT 11.4
![Page 129: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/129.jpg)
CONSOLIDATION
128
![Page 130: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/130.jpg)
129
TSEUNG KWAN O LINE
![Page 131: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/131.jpg)
130
TKL
• TSEUNG KWUN O LINE
– COMMUTER LINE
– FROM PO LAM TO NORTH POINT
– OPERATIONAL ON 17 AUGUST 2002
![Page 132: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/132.jpg)
TKL
I st JULY – 1997
ASIAN FINANCIAL CRISIS
MAJOR REVIEW OF THE
PROJECT
131
![Page 133: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/133.jpg)
132
TKL
INITIAL CAPITAL COST ESTIMATE HK$ B
INCL. CAPITALISED INTEREST 30.5
FINAL COST 16.0
HANG HAU STATION
![Page 134: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/134.jpg)
TKL
133
NORTH POINT CAVERN
![Page 135: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/135.jpg)
134
DISNEYLAND RESORT LINE
![Page 136: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/136.jpg)
135
DRL
• DISNEYLAND RESORT LINE
– FROM SUNNY BAY TO DISNEYLAND
– FULLY AUTOMATIC OPERATION
– OPERATIONAL ON
12 SEPTEMBER 2005
![Page 137: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/137.jpg)
136
ASIAWORLD-EXPO STATION
![Page 138: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/138.jpg)
137
ASIAWORLD-EXPO STATION
AIR STATION –
ASIAWORLD-EXPO
OPERATIONAL ON
20 DECEMBER 2005
![Page 139: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/139.jpg)
138
NGONG PING 360
![Page 140: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/140.jpg)
139
NGONG PING 360
![Page 141: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/141.jpg)
140
NGONG PING 360
![Page 142: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/142.jpg)
141
NGONG PING 360
AIRPORT ISLAND STATION TUNG CHUNG TERMINAL
![Page 143: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/143.jpg)
142
NGONG PING 360
• MATERIAL DELIVERY
– HELICOPTERS
– MULES
![Page 144: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/144.jpg)
143
NGONG PING 360
SCHEDULED OPENING 24 JUNE 2006
OPERATIONAL 18 SEPT 2006
OFFICIAL OPENING 9 NOV 2006
![Page 145: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/145.jpg)
NGONG PING 360
OPERATION SUSPENDED 11 JUNE 2007
OPERATION RESUMED 31 DEC 2007
SUBSIDIARY COMPANY SET UP TO
MANAGE & OPERATE THE SYSTEM
144
![Page 146: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/146.jpg)
SUCCESS PROFILERATING
145
![Page 147: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/147.jpg)
146
MTRC
PROJECT MANAGEMENT
RAILWAY OPERATION
FINANCIAL EXPERTISE
TRAINING & DEVELOPMENT
PROPERTY
AUTOMATIC FARE COLLECTION
![Page 148: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/148.jpg)
147
MTRC
• INVEST HEAVILY IN STAFF TRAINING & DEVELOPMENT
• CORE VALUES :
CUSTOMER SERVICE
RESPECT FOR THE INDIVIDUAL
ON TIME AND WITHIN BUDGET
![Page 149: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/149.jpg)
148
MTRC
PROVIDES PROFESSIONAL
TRAINING SERVICES TO
OTHER RAILWAYS IN:
– MAINLAND CHINA
– SOUTHEAST ASIA
PHILP GAFFNEY
FORMER OPERATIONS DIRECTOR
LEN TURK
FORMER LEGAL DIRECTOR &
COMPANY SECRETARY
PATRICK MAULE
FORMER PERSONNEL DIRECTOR
![Page 150: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/150.jpg)
PROPERTY DEVELOPMENT
& MANAGEMENT
MAJOR GOVERNMENT POLICY ISSUES
TRANSPORT HOUSING
149
![Page 151: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/151.jpg)
150
PROPERTY DEVELOPMENT
& MANAGEMENT
• GOVERNMENT ALLOCATE LAND AT
FULL MARKET VALUE ALONG THE
RAILWAY FOR DEVELOPMENT
![Page 152: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/152.jpg)
151
PROPERTY DEVELOPMENT
& MANAGEMENT
• MAJOR & REPUTABLE PROPERTY DEVELOPER AND MANAGER IN TOWN
• JOINT VENTURES
– RESIDENTIAL
– RETAIL
– OFFICES
– HOTEL
![Page 153: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/153.jpg)
152
PROPERTY DEVELOPMENT
& MANAGEMENT
• SUBSTANTIAL CONTRIBUTION
TOWARDS COST OF RAILWAY
• CAPTURED PASSENGERS
(FORMING PART OF 2.4 M DAILY
RIDERSHIP)
![Page 154: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/154.jpg)
153
PROPERTY DEVELOPMENT
& MANAGEMENT
PROCEEDS FROM DEVELOPMENTS HELP TO:
• KEEP FARES AT REASONABLE LEVEL
• MAINTAIN & EXTEND RAIL NETWORK
![Page 155: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/155.jpg)
154
PROPERTY DEVELOPMENT
& MANAGEMENT
![Page 156: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/156.jpg)
TELFORD GARDEN
155
PROPERTY DEVELOPMENT
& MANAGEMENT
![Page 157: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/157.jpg)
PROPERTY DEVELOPMENT
& MANAGEMENT
156
PARK VIEW
![Page 158: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/158.jpg)
PROPERTY DEVELOPMENT
& MANAGEMENT
157
CENTRAL STATION RETAIL
![Page 159: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/159.jpg)
PROPERTY DEVELOPMENT
& MANAGEMENT
158
TELFORD PLAZA
![Page 160: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/160.jpg)
MARITIME SQUARE
159
PROPERTY DEVELOPMENT
& MANAGEMENT
![Page 161: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/161.jpg)
PROPERTY DEVELOPMENT
& MANAGEMENT
160ELEMENTS
![Page 162: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/162.jpg)
2IFC
161
2 INTERNATIONAL FINANCE CENTRE
![Page 163: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/163.jpg)
162
UNION SQUARE
![Page 164: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/164.jpg)
ICC
163
INTERNATIONAL COMMERCE CENTRE
• 118 FLOORS
• 490 METRES HIGH
• THIRD TALLEST
BUILDING IN THE
WORLD
![Page 165: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/165.jpg)
164
ICC
ICC
![Page 166: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/166.jpg)
GATEWAY TOWERS
165
![Page 167: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/167.jpg)
• PROPERTY OPEARATIONS
& MANAGEMENT
CHINA – BEIJING
166
GINZA MALL
![Page 168: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/168.jpg)
PROPERTY DEVELOPMENT
& MANAGEMENT
AS AT END 2011:
Investment properties
Hong Kong: 12 shopping malls + 18 floors at 2 IFC
Shops 226,622 sq.m )
Offices 41,000 sq.m ) 279,424 sq.m
Other use 11,202 sq.m )
Mainland China: Ginza Mall
Shops 18,398 sq.m
Managed properties:
• 86,162 residential units in Hong Kong
• 744,214 sq.m commercial properties in Hong Kong
• 776,402 sq.m in Mainland China
167
![Page 169: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/169.jpg)
168
AUTOMATIC FARE COLLECTION
• ELECTRO-MAGNETIC CARD
• STORED VALUE CARD
• CONTACTLESS SMART CARD
ROB NOBLE
FORMER MARKETING & PLANNINGDIRECTOR
![Page 170: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/170.jpg)
169
AUTOMATIC FARE COLLECTION
ELECTRO-MAGNETIC CARD
• PLASTIC
• RE-USABLE
• NO LITTER
• ISSUED BY MACHINE / HAND
• FIXED VALUE
• ELECTRO-MAGNETIC
• SINGLE JOURNEY
![Page 171: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/171.jpg)
170
MIS
• NO SMOKING
• NO EATING
• NO DRINKING
• NO MUSIC/RADIO
• NO TICKET FLICKING
![Page 172: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/172.jpg)
171
AUTOMATIC FARE COLLECTION
STORED VALUE
• PLASTIC
• RE-USABLE
• NO LITTER
• ISSUED BY MACHINE / HAND
• FIXED VALUE
• ELECTRO-MAGNETIC
• MULTIPLE JOURNEYS
• UNRESTRICTED LAST JOURNEY
• ADVANCE REVENUE COLLECTION
• REDUCTION IN CASH HANDLING
![Page 173: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/173.jpg)
172
AFC
OCTOPUS CONTACTLESS SMART CARD
• PLASTIC
• ISSUED BY MACHINE / HAND
• RE-USABLE
• NO LITTER
• MULTIPLE JOURNEYS
• ADVANCE REVENUE
• RADIO FREQUENCY IDENTIFICATION (RFID)
• NO CONTACT AT TURNSTILE
• TOP UP VALUE
• FURTHER REDUCTION IN CASH HANDLING
• ACCEPTED BY BUSINESS PARTNERS
![Page 174: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/174.jpg)
173
OCTOPUS CONTACTLESS SMART CARD
• RELIABLE TICKETING
• LABOUR SAVING
• DATA FOR:
OPERATIONAL PLANNIN INCLUDING PRICING
![Page 175: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/175.jpg)
174
OCTOPUS CONTACTLESS SMART CARD
• FORERUNNER OF:
• EZ-LINK – SINGAPORE
• OYSTER CARD – LONDON
• EASYCARD - TAIPEI
![Page 176: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/176.jpg)
175
OCTOPUS CONTACTLESS SMART CARD
OTHER USES:
PUBLIC TRANSPORTS
CAR PARKS
ACCESS CONTROL TO BUILDINGS
CONFIRMATION OF STUDENTS‟
ATTENDANCE AT SCHOOL
![Page 177: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/177.jpg)
OCTOPUS CONTACTLESS
SMART CARD
AS AT END OF JUNE 2012
• 12.1 MILLION DAILY TRANSACTIONS
• HK$ 123.9 MILLION PER DAY
• ADOPTED BY OVER 5000 SERVICE PROVIDERS
176
![Page 178: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/178.jpg)
177
MTR CORPORATION
AN OUTSTANDINGLY SUCCESSFUL
ENTERPRISE
![Page 179: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/179.jpg)
178
MTR CORPORATION LTD
LISTED ON THE HONG KONG
EXCHANGE
ON 5 OCTOBER 2000
![Page 180: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/180.jpg)
MERGER WITH KCRC
179
![Page 181: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/181.jpg)
180
MERGER
• HONG KONG GOVERNMENT ANNOUNCED
MERGER PROPOSAL BETWEEN MTRCL & KCRC
ON 11 APRIL 2006
![Page 182: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/182.jpg)
181
MERGER
• KCRC
• ORIGINALLY A GOVERNMENT DEPARTMENT
• TURNED INTO A WHOLLY GOVERNMENT
OWNED PUBLIC CORPORATION
• CHARGED TO OPERATE AND DEVELOP
DOMESTIC, CROSS-BOUNDARY AND INTERCITY
RAILWAY SERVICES
• IN A PRUDENT COMMERCIAL MANNER
![Page 183: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/183.jpg)
182
MERGER
KCRC
• OPERATES:
– EAST RAIL
– WEST RAIL
– LIGHT RAIL
– INTERCITY TO GUANGZHOU
– FREIGHT TO INTERIOR OF MAINLAND CHINA
![Page 184: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/184.jpg)
183
MERGER
KCRC
• PROPERTY DEVELOPMENT
&
MANAGEMENT
![Page 185: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/185.jpg)
184
MERGER
• HONG KONG GOVERNMENT ANNOUNCED MERGER PROPOSAL BETWEEN MTRCL & KCRC ON 11 APRIL 2006
• MTRCL SIGNED MEMORANDUM OF UNDERSTANDING (MOU) WITH HK GOVERNMENT
MICHAEL TIEN DR RAYMOND CH'IEN
FORMER CHAIRMAN KCRC CHAIRMAN MTRCL
![Page 186: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/186.jpg)
185
MERGER
MOU PROVIDES FOR:
• REDUCED FARE
• ABOLITION OF SECOND BOARDING CHARGE
• FURTHER DISCOUNTS FOR MEDIUM & LONG DISTANCE JOURNEYS
• INTRODUCTION OF AN OBJECTIVE, TRANSPARENT & PREDICTABLE FARE ADJUSTMENT MECHANISM (FAM)
• FULLY INTEGRATED INTERCHANGE STATIONS FOR SHATIN TO CENTRAL LINK
• IMPROVEMENT ON EXISTING INTERCHANGE ARRANGEMENTS IN THE SHORT TERM
• PROVISION OF SEAMLESS INTERCHANGE ARRANGEMENTS WITH FUTURE EXTENSIONS
![Page 187: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/187.jpg)
186
MERGER
MOU PROVIDES FOR
• JOB SECURITY FOR ALL FRONTLINE STAFF
![Page 188: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/188.jpg)
187
MERGER
DEAL TERMS
• PROVIDE A BALANCED PACKAGE FAIR TO ALL
STAKEHOLDERS
![Page 189: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/189.jpg)
188
MERGER
DEAL TERMS
• ACQUISITION OF RENEWABLE OPERATIONAL RIGHT OF
KCR FOR 50 YEARS
– UPFRONT PAYMENT OF HK$4.25 BILLION FOR SERVICE
CONCESSION AND TO PURCHASE CERTAIN RAIL ASSETS
– HK$7.79 BILLION FOR A PROPERTY PACKAGE
– FIXED ANNUAL PAYMENT OF HK$750 MILLION
– VARIABLE ANNUAL PAYMENT BASED ON REVENUES
GENERATED FROM KCR‟S RAIL AND RAIL-RELATED
OPERATIONS
• EXPECTED TO BE EPS & NPV ACCRETIVE FOR MTRCL
![Page 190: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/190.jpg)
189
MERGER
MEET THE GOVERNMENT‟S FIVE PARAMETERS
1. ADOPTION OF A MORE OBJECTIVE AND TRANSPARENT FAM
2. ABOLITION OF THE SECOND BOARDING CHARGE & REVIEW FARE STRUCTURE TO REDUCE FARES
3. EARLY RESOLUTION OF INTERCHANGE ARRANGEMENTS FOR RAIL PROJECTS UNDER PLANNING, NOTABLY THE SHATIN TO CENTRAL LINK
4. ENSURE JOB SECURITY FOR FRONTLINE STAFF
5. PROVISION OF SEAMLESS INTERCHANGE ARRANGEMENTS IN THE LONG TERM
![Page 191: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/191.jpg)
190
MERGER
BENEFITS
• SYNERGY
• ECONOMIES OF SCALE
• COST EFFICIENCY
• INTEGRATED RAIL SYSTEM
![Page 192: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/192.jpg)
191
MERGER
TRANSITION - ONE YEAR OR MORE
SHARE PRICE JUMPED 5.3%
(FROM HK$19 TO 20)
RAIL MERGER BILL APPROVED BY LegCo
on 8 JUNE 2007
OUTLOOK - BRIGHT
![Page 193: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/193.jpg)
MERGED
• COMPLETED ON
2 DECEMBER
2007
• 香港鐵路有限公司
192ONE COMPANY ONE TEAM
![Page 194: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/194.jpg)
193
MERGED
![Page 195: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/195.jpg)
MERGED
• 211 Km ROUTE LENGTH
• 82 STATIONS
• 9 COMMUTER LINES
• AIRPORT EXPRESS
• LIGHT RAIL
• DISNEYLAND RESORT LINE
• FEEDER BUS SERVICE
• CABLE CAR
• INTERCITY PASSENGER SERVICE
• INTERCITY FREIGHT SERVICE
• 3 MILLION DAILY PASSENGERS194
![Page 196: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/196.jpg)
MERGED
ONE COMPANY ONE TEAM
195
STAFF INTEGRATION WILLIAM CHAN
FORMER HUMAN RESOURCES DIRECTOR
![Page 197: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/197.jpg)
MTR CORPORATION LTD
GROWTH MOMENTUM
196
![Page 198: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/198.jpg)
197
MTRCL
EXPANSION
NEW VISION :
• TO BE A WORLD CLASS ENTERPRISE
• GROWING IN HONG KONG & BEYOND
• FOCUSING ON RAIL, PROPERTY &
RELATED BUSINESS
![Page 199: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/199.jpg)
198
MTRCL
• NEW MISSION :
• EXCELLENT VALUE FOR CUSTOMERS
• OPPORTUNITIES FOR STAFF
• DEVELOP RAILWAY NETWORK AS BACKBONE OF PUBLIC TRANSPORT IN HONG KONG
• GROW IN MAINLAND CHINA & CAPTURE OPPORTUNITIES IN EUROPE
![Page 200: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/200.jpg)
199
MTRCL
• NEW CORE VALUES :
EXCELLENT SERVICE
VALUE CREATION
MUTUAL RESPECT
ENTERPRISING SPIRIT
![Page 201: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/201.jpg)
HONG KONG BUSINESS
HONG KONG INTERNATIONAL AIRPORT
SUBCONTRACT FOR AUTOMATED PEOPLE
MOVER MIDFIELD CONCOURSE EXTENSION
PROJECT
RESPONSIBLE FOR DESIGN,
PROCUREMENT, INSTALLATION, TESTING &
COMMISSIONING OF SEVERAL RAILWAY
SYSTEMS
200
![Page 202: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/202.jpg)
MACAO BUSINESS
201
MACAO GOVERNMENT
MOU SIGNED FOR LIGHT RAIL
PROJECT CONSULTANCY
![Page 203: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/203.jpg)
DUBAI
202
![Page 204: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/204.jpg)
DUBAI
203
METRO & AIRPORT LINES
![Page 205: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/205.jpg)
DUBAI
CONSULTANCY
TO REVIEW DESIGN PROPOSALS IN
RESPECT OF :
OPERATION &
MAINTENANCE
204
VIADUCT CONSTRUCTION
![Page 206: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/206.jpg)
DUBAI
CONSULTANCY
MOU SIGNED TO ASSIST TO DEVELOP A
MASS URBAN TRANSPORT SYSTEM,
PROVIDING HIGH QUALITY TRANSPORT
SERVICES
205
![Page 207: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/207.jpg)
INDIA
Delhi Airport Metro
Express Line
(AMEL)
• Major engineering &
project management
contract206
![Page 208: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/208.jpg)
207
UK BUSINESS
BIDS
![Page 209: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/209.jpg)
208
UK BUSINESS
LORO (MTR/LAING )
FRANCHISE TO OPERATE
LONDON ORBITAL RAILWAY
(with over 1090 trains a day)
FROM 11 NOVEMBER 2007
FOR 7 YEARS
WITH OPTION FOR 2 FURTHER YEARS SUCCESS
![Page 210: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/210.jpg)
209209209
UK BUSINESS
LOROL (MTR/DEUTSCHE BAHN)
ACTION ON DAY ONE
• OYSTER TICKETING SYSTEM
• NEW TICKETING MACHINES
• STATIONS GATED
![Page 211: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/211.jpg)
(MTR/DEUTSCHE BAHN)
• IMPROVEMENT IN:
1. SERVICE OPERATION
2. PUNCTUALITY
3. SAFETY
4. SECURITY
• TICKETLESS TRAVEL DOWN
• REVENUE UP210210
UK BUSINESS
![Page 212: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/212.jpg)
211211211
UK BUSINESS
(MTR/DEUTSCHE BAHN)
PROGRAMME FOR:
• CUSTOMER SERVICE TRAINING
• STATION CLEANING AND REPAIR
• STATION REFURBISHEMENT
• STATION REMODELLING
• NEW EXTENSIONS
![Page 213: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/213.jpg)
UK BUSINESS
• “….so gradually all suburban rail services in London
can be brought up to the standard of London
Overground.”
Ken Livingstone
Mayor of London
212
![Page 214: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/214.jpg)
UK BUSINESS
“London Overground has become a shining example
of how franchises can be run. With the network soon
to orbit our city, the London Overground's next five
years are sure to take the service to new heights.
Congratulations to all those
workers whose hard graft has
made this a success story.”
Boris Johnson
Mayor of London
213
![Page 215: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/215.jpg)
UK BUSINESS
9TH LONDON TRANSPORT AWARDS
LONDON TRANSPORT OPERATOR OF THE YEAR
(SECOND YEAR IN A ROW)
2012 METRORAIL AWARDS LONDON
WORLD‟S MOST IMPROVEED METRO
214
(MTR/DEUTSCHE BAHN)
![Page 216: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/216.jpg)
UK BUSINESS
SHORT-LISTED TO BID FOR:
ESSEX THAMESIDE FRANCHISE
(LONDON FENCHURCH STREET – TILBURY- SOUTHEND)
SEPTEMBER 2012
THAMESLINK FRANCHISE
(BEDFORD – GATWICK - BRIGHTON)
FEBRUARY 2013
215
![Page 217: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/217.jpg)
EUROPE BUSINESS
STOCKHOLM UNDERGROUND
TOOK OVER OPERATION 2 NOVEMBER 2009
(FOR 8 YEARS MINIMUM)
216
![Page 218: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/218.jpg)
AUSTRALIA BUSINESS
METRO TRAINS MELBOURNE
TOOK OVER OPERATION ON 30 NOVEMBER 2009
(FOR INITIAL PERIOD OF 8 YEARS)
217
![Page 219: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/219.jpg)
AUSTRALIA BUSINESS
UNITED GROUP LTD.
SUBCONTRACT TO SUPPORT ITS ROLLING STOCK
MAINTENANCE WORKS IN NEW SOUTH WALES
218
![Page 220: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/220.jpg)
219
CHINA BUSINESS
![Page 221: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/221.jpg)
220
CHINA BUSINESS
SHANGHAI
TOGETHER WITH ITS JOINT VENTURE PARTNER,
APPOINTED AS:
OWNER‟S REPRESENTATIVE TO PROJECT MANAGE
DESIGN AND CONSTRUCTION OF LINE 9
OWNER‟S ADVISOR OF LINE 8 & LINE 11
![Page 222: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/222.jpg)
221
CHINA BUSINESS
BEIJING LINE 4
– INITIALLED IN FEBRUARY 2005
– COMPANY FORMED IN JANUARY 2006
– AGREEMENT SIGNED ON 12 APRIL 2006
![Page 223: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/223.jpg)
222
CHINA BUSINESS
BEIJING LINE 4
– PPP
– 30-YEAR CONCESSION AGREEMENT WITH BEIJING
MUNICIPAL GOVERNMENT
– FOR INVESTMENT, CONSTRUCTION & OPERATION
OPENED 28 SEPTEMBER 2009
DAXING LINEOPENED 30 DECEMBER 2010
![Page 224: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/224.jpg)
223
CHINA BUSINESS
SHENZHEN LINE 4
– 30-YEAR BOT PROJECT
– CONCESSION AGREEMENT WITH SHENZHEN MUNICIPAL GOVERNMENT
– „RAIL + PROPERTY‟
– INITIALLED IN MAY 2005
– PHASE 1 TAKEN OVER 01 JULY 2010
– PHASE 2 OPENED 16 JUNE 2011
![Page 225: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/225.jpg)
224
CHINA BUSINESS
HANGZHOU LINE 1
– J.V. AGREEMENT WITH SUBSIDARY OF HANGZHOU METRO GROUP (PPP)
– INVEST & OPERATE LINE 1 FOR 25 YEARS
– RESPONBLE FOR E&M SYSYTEMS
& ROLLING STOCK
– SINGED IN JULY 2012
– OPERATIONAL ON 24 NOVEMBER 2012
![Page 226: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/226.jpg)
BUSINESS OUTSIDE HONG KONG
225
COMPANY SHARE
BEIJING MTR CORPORATION LTD. (BJMTR) 49%
MTR CORPORATION ( SHENZHEN) LTD. (SZMTR) 100%
METRO TRAINS MELBOURNE PTY. LTD. (MTM) 60%
MTR STOCKHOLM AB (MTRS) 100%
TUNNELBANAN TEKNIK STOCKHOLM AB (TBT) 50%
LONDON OVERGROUND RAIL OPERATIONS LTD. (LOROL) 50%
MTR HANGZHOU LINE 1 INVESTMENT CO. LTD. 100%
![Page 227: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/227.jpg)
CURRENT EXTENSION PROJECTS
226
![Page 228: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/228.jpg)
HONG KONG GOVERNMENT
INFRASTRUCTURE INVESTMENT
• 2007-2008 POLICY ADDRESS
ANNOUNCES TEN MAJOR
INFRASTRUCTURE PROJECTS
• ANNUAL EXPENDITURE OF
HK$ 50 BILLION (£ 4 BILLION)
IN COMING YEARS
227
![Page 229: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/229.jpg)
HONG KONG GOVERNMENT
INFRASTRUCTURE INVESTMENT
228
![Page 230: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/230.jpg)
HONG KONG GOVERNMENT
INFRASTRUCTURE INVESTMENT• Transport Infrastructure
1. South Island MTR Line
2. The Sha Tin to Central MTR Link
3. The Tuen Mun Western Bypass and Tuen Mun-Chek Lap KokLink
• Cross-boundary Infrastructure Projects
4. The Guangzhou-Shenzhen-HK Express Rail Link
5. HK-Shenzhen Airport Co-operation
6. HK-Zhuhai-Macao Bridge
7. HK-Shenzhen Joint Development of the Lok Ma Chau Loop
• New Urban Development Areas
8. West Kowloon Cultural District
9. Kai Tak Development Plan
10. New Development Areas (NDAs) 229
![Page 231: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/231.jpg)
230
RAILWAY EXTENSIONS
![Page 232: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/232.jpg)
RAILWAY EXTENSIONS
231XRL
![Page 233: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/233.jpg)
RAILWAY EXTENSIONS
232WIL
![Page 234: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/234.jpg)
RAILWAY EXTENSIONS
233KTE
![Page 235: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/235.jpg)
RAILWAY EXTENSIONS
234SCL
JAY WALDER
CEO
TC CHIEW
PROJECTS DIRECTOR
![Page 236: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/236.jpg)
RAILWAY EXTENSIONS
235SIL(E)
FULLY AUTOMATIC OPERATION
![Page 237: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/237.jpg)
RAILWAY EXTENSIONS
EXTENSION PROJECT FUNDING
XRL SERVICE CONCESSION
(GOVERNMENT CAPITAL + MTRCL OPERATIONS)
WIL CAPITAL GRANT
KTE RAIL + PROPERTY
SCL SERVICE CONCESSION
SIL(E) RAIL + PROPERTY
236
![Page 238: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/238.jpg)
RAILWAY EXTENSIONS
237RAILWAY DEVELOPMENT STRATEGY 2000
(UPDATE)
![Page 239: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/239.jpg)
RAILWAY BUILDING
238
![Page 240: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/240.jpg)
FEASIBILITY
IDENTIFY TRANSPORT NEEDS
FEASIBILITY STUDY
PROPOSAL TO GOVERNMENT
ROUTE PROTECTION
239
RAILWAY BUILDING
![Page 241: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/241.jpg)
PRE-CONTRACT
PREPARATION OF CONTRACT DOCUMENTS
DESIGN STANDARDS MANUAL
MATERIALS & WORKMANSHIP SPECIFICATION
CONDITIONS OF CONTRACT
BILLS OF QUANTITIES
APPOINTMENT OF CONSULTANTS
TENDERING
CONTRACT AWARD
240
RAILWAY BUILDING
![Page 242: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/242.jpg)
CONSTRUCTION
DESIGN MANAGEMENT
CONSTRUCTION MANAGEMENT
PROTECTION OF ADJACENT PROPERTIES
TESTING & COMMISSIONING
APPROVAL BY RAILWAY INSPECTORATE
HANDOVER TO OPERATIONS
241
RAILWAY BUILDING
![Page 243: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/243.jpg)
SYSTEM IMPROVEMENT
&
PROTECTION
242
![Page 244: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/244.jpg)
243
IN SERVICE IMPROVEMENTS:
NEW INTEGRATED ENTRANCES
ENTRANCE UPGRADE
FACILITIES FOR THE PHYSICALLY IMPAIRED
RETROFITS - PLATFORM SIDE DOORS
KIOSKS
NEW SINGNALLING SYSTEM
CONDITION MONITORING
MAINTENANCE
RAILWAY PROTECTION
LISTENING CORPORATION
![Page 245: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/245.jpg)
IN SERVICE
INTEGRATED ENTRANCE
244
![Page 246: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/246.jpg)
IN SERVICEOLD ENTRANCE
245
NEW ENTRANCE
![Page 247: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/247.jpg)
IN SERVICE
KIOSKS
246
![Page 248: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/248.jpg)
IN SERVICE
CHAIRLIFT & TACTILE ROUTES
247
![Page 249: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/249.jpg)
IN SERVICE
PSD
248
![Page 250: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/250.jpg)
IN SERVICE
SIGNALLING
SOURCE - BOMBARDIER
![Page 251: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/251.jpg)
IN SERVICE
RAILWAY PROTECTION
250
![Page 252: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/252.jpg)
251
MTRCL
A STORY
OF
OUTSTANDING SUCCESS
KOWLOON BAY HQ BUILDING
![Page 253: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/253.jpg)
252
MTRCL
• PROFITABLE
0
2
4
6
8
10
12
14
16
Turnover
Operating profit before depreciation (after property development profit)
Net profit excluding investment property revaluation
HK$B
14.2
10.7
8.6
![Page 254: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/254.jpg)
MTRCL
253
![Page 255: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/255.jpg)
MTRCL
254
![Page 256: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/256.jpg)
255
MTRCL
CONSOLIDATED P & L A/C
(YEAR ENDED 31 December 2011) HK$ M
• REVENUE 33,423
• PROFIT ON PROPERTY DEVELOPMENTS 4,900
• OPERATING PROFIT BEFORE DEPRECIATION 17,038
• NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS 14,716
![Page 257: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/257.jpg)
256
MTRCL
AS AT END 2011:
PATRONAGE ( million)
Yearly 1,644
Daily 4.7
![Page 258: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/258.jpg)
257
MTRCL
HONG KONG PEOPLE
ENGINEERS MTR STAFF
HAVE REASON TO BE PROUD
![Page 259: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/259.jpg)
258
IN THE EYES
of the
BBC
19 APRIL 2006
![Page 260: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/260.jpg)
RECAP
259
![Page 261: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/261.jpg)
STORY OF THE HKMTR
260
![Page 262: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/262.jpg)
STORY OF THE HKMTR
STORY OF HONG KONG IN THE
FINAL DECADES OF LAST CENTURY
261
![Page 263: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/263.jpg)
STORY OF THE HKMTR
STORY OF HONG KONG IN THE
FINAL DECADES OF LAST CENTURY
STORY OF 23 YEARS OF MY LIFE
262
![Page 264: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/264.jpg)
This presentation is dedicated to :
All my friends
Especially those of the MTR
263
![Page 265: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/265.jpg)
This presentation is dedicated to :
and to:
The Hong Kong Technical College
(now The Hong Kong Polytechnic University)
For helping me to lay the foundation for
my engineering career264
![Page 266: Mtr a success story 20.11.2012 staff v3](https://reader031.vdocument.in/reader031/viewer/2022013107/54453655b1af9f4b6c8b471a/html5/thumbnails/266.jpg)
265