How does the MTR make money?
How does the MTR make money? MTR stations host more than 1,400 shops and nearly 47,000 advertising units. The company charges rent as well as earning money from telecoms operators by allowing them to provide mobile network coverage inside the rail system.
Does MTR run on electricity?
Electrically-powered mass railway is generally acknowledged to be the most environmentally sustainable way to transport the world's growing and urbanising populations. We believe that our most significant contributions to the environment arise from impacts that do not occur as a result of our services.
Is there no eating or drinking on MTR?
According to the law, eating and drinking is not allowed on MTR trains or platforms. There is a HK$2,000 fine for those who do. True, it would be great for busy people to be able to cram in a bite to eat before getting to school or the office in the morning. But think about the smell on the train.
Why is MTR so cheap?
Originally Answered: How can the the Hong Kong MTR (metro transportation) be so cheap? The answer is simple, the MTR and Airport Express networks comprise a total of 93 stations and carry an average of about 4.84 million passengers per day. If there were fewer passengers, it would be much more expensive.
Why is Hong Kong MTR so good?
Its affordable transport network has high station density and a strong rail network for the city's large population. It's a popular mode of transit among commuters, despite the fact that it isn't available 24/7, like in some cities.
What is the most profitable metro in the world?
Hong Kong's MTR Corporation runs the most valuable metro railway in the world. In 2017 it banked US$2.2 billion (HK$17 billion) profit, more than enough to buy seven Boeing 777 jets.
Why is MTR a monopoly?
As Hong Kong is very densely populated, there would be no physical space for another railway network to perform in Hong Kong. The MTR already connects a large number of Hong Kong areas to each other, and while the MTR line can be extended, there could not be another corporation competing in the same field.