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2015 and Beyond

Future Plans Outside of Hong Kong

Hong Kong is our home but we also see opportunities for expansion of our businesses in the Mainland of China and overseas markets where we have a presence. We have been awarded a number of new railway-related projects that we look forward to building and operating in the years ahead.

Beijing

Beijing MTR Corporation Limited (BJMTR) initialled a Concession Agreement for the investment, operations and maintenance of a new line, Beijing Line 16, on 8 February 2015. This 50km line will run from Beianhe to Wanping and will have 29 stations.

Shenzhen

We have signed a Strategic Cooperation Framework Agreement with the Longhua New District Administration Commission to explore cooperation for the North Extension of Shenzhen Metro Longhua Line. Our subsidiary in China will offer advice and technical support for the construction of the extension as well as a light rail system in Longhua.

Chongqing

We have signed a Memorandum of Understanding with the Chongqing Municipal Government and have begun preliminary discussions regarding rail and property developments in the municipality.

United Kingdom

We have signed the Concession Agreement with Transport for London (TfL) to operate the new Crossrail service for an eight-year period with an option to be extended to ten years. Crossrail is a new rail service currently under construction and will be launched under a staged approach. MTR (Crossrail) Corporation, a 100 per cent MTR-owned subsidiary, will start operating the first stage of the service from May 2015, and the service is scheduled to expand to its full scope in 2019.

Sweden

Our wholly-owned subsidiary MTR Express (Sweden) AB will operate a new rail service — MTR Express — using existing rail tracks and infrastructure between the country’s two largest cities, Stockholm and Gothenburg. The 455km line will provide 110 weekly train trips, with partial service starting in March 2015 and full service scheduled to commence in August 2015.

Australia

Northwest Rapid Transit Consortium (NRT) was awarded the Operations, Trains and Systems Public-Private Partnership (PPP) contract for the Sydney North West Rail Link, our first international PPP project. MTR will design and deliver the rail systems, and its subsidiary Metro Trains Sydney (MTS) will operate and maintain the system for 15 years after service opening.

Rail-related Property in the Mainland of China

In addition to railway projects, we are also undertaking property development projects on Shenzhen Metro Longhua Line Depot Site Lot 1 and a site at Beiyunhe Station on Tianjin Metro Line 6.

International Consulting

Our consultancy services continue to expand to new cities across Australia, South-East Asia, the Mainland of China, the Middle East and Europe. Our services include railway planning, design management, system integration and assurance, project management, construction management, railway operations and maintenance, and non-fare revenue business.

Beyond our current commitments, we see opportunities to serve new customers in markets that would benefit from our expertise in urban development, especially in parts of the world that are experiencing rapid urbanisation.