It has been a bumpy couple of years for the MTR Corp. Illustration: Lau Ka-kuen

Why is Hong Kong’s MTR hurtling from one disaster to another? Is complacency or corporate structure to blame?

  • Critics say the rail operator’s effective monopoly since it merged with the KCRC in 2000 has allowed it to rest on its laurels
  • The part-privatisation is also to blame, according to others, as the government cannot dictate to a company it owns 75 per cent of
Topic |   Hong Kong MTR

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It has been a bumpy couple of years for the MTR Corp. Illustration: Lau Ka-kuen
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The cost for repairing the trains damaged in an overnight trial run of a new signal system was said to be between HK$30 million and HK$50 million. Photo: Handout

MTR Corp crossroads: Hong Kong rail giant mulls scrapping second backup of signal system blamed for collision

  • Michael Tien says MTR having second thoughts about extra backup for the new HK$3.3 billion signalling system
  • Cost of repairs for trains in Monday’s collision said to be at least HK$30 million
Topic |   Hong Kong MTR

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The cost for repairing the trains damaged in an overnight trial run of a new signal system was said to be between HK$30 million and HK$50 million. Photo: Handout
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