HONG KONG, November 2025 — MTR Corporation established in Hong Kong but operating across multiple jurisdictions is recognized as a leading provider of rail transport, with operations in Hong Kong, Mainland China and other international markets. MTR uses an integrated “Rail + Property” (R+P) model: the company develops residential, commercial, and retail properties on land around its rail stations; the profits from this property development help finance the construction, maintenance, and renewal of its rail network, reducing dependence on direct public funding.

Between 2023 and 2027, MTR has committed HK$65 billion to a broad asset maintenance and renewal programme intended to preserve the safety, efficiency, and reliability of its rail services. In 2024, it achieved a 99.9% on‑time performance rate for passenger journeys and train operations on its heavy rail network underscoring its emphasis on reliability and service quality.

Although MTR once handled around 5 million passenger journeys daily (in Hong Kong alone), and up to 13 million journeys worldwide on weekdays, the “10 million plus daily journeys” figure should be treated cautiously, given variable ridership outside Hong Kong. As the property market experiences headwinds, MTR is adapting its business model underlining that while the R+P model remains a strength, it also carries exposure to market cycles.

Through its rail operations, property development, and ongoing investments in asset upgrades and innovation, MTR continues to blend transport infrastructure, urban development and community services maintaining its reputation as a benchmark for integrated, sustainable urban transi

Source: Railway Supply