If the MTR Corp so well run, how come its new-line investments have been so overbudget that taxpayers are now expected to pay out some HK$19 billion more for a much delayed high-speed rail link of just 26km between Kowloon and the border? Photo: Felix Wong

MTR's costly high-speed rail exemplifies what goes wrong when politics - not commercial logic - guides investment

Philip Bowring says the MTR's government-appointed board has clearly lost touch with market principles in its handling of the costly and much-delayed high-speed rail project

Topic |   Hong Kong MTR

TOP PICKS

If the MTR Corp so well run, how come its new-line investments have been so overbudget that taxpayers are now expected to pay out some HK$19 billion more for a much delayed high-speed rail link of just 26km between Kowloon and the border? Photo: Felix Wong
READ FULL ARTICLE