Having taken the helm of the corporation in what is now just shy of six months, I am struck by how deeply the ethos of transport at its best permeates our company’s culture. As a relatively young mass transit system, the corporation has achieved and consistently maintains recognition as a global industry leader. This past year’s performance once again confirms this position in the league tables.
Our vision is to build and connect communities. This commits us to developing and stewarding a transport system that responds to our business objectives while leading to broader, co-generated sustainable development. We are well under way in this with our biggest expansion ever, adding over 56 km of routes to the system while taking an active planning role in the numerous new residential and commercial properties that will connect to the expanded network. These are the fundamental drivers to our services, corporate growth and the prosperity of Hong Kong.
Expansion into mainland China and international markets plays a purposeful role as well. Our corporate footprint is growing both in terms of assets and businesses, driven by our strong sense of economic, social and environmental excellence. Our challenge and advantage in these external markets is delivering international best practices while thinking locally to facilitate the adoption of our core values in product and services.
The culture of providing transport at its best sets the bar for managing and operating all our businesses. Discussions examine our progress, including a focus on our strategic priorities. While these priorities serve to drive our development forward, we must also ensure that sustainability is an integral part of our daily decision making. It is important that we incorporate environmental and social objectives together with commercial decision making.
To me, this brings sharper focus to the need for seamless integration of our services with the community. We need to be ambitious and forward thinking as we forge ahead to continuously improve our existing businesses, develop more local rail projects and pursue further franchises outside Hong Kong. We must also embrace innovation and actively engage with all our stakeholders every step of the way. Critically, we must be guided by a clear vision of how transport systems will support future generations and improve their lives.
As CEO, I have been entrusted with an organisation that has strong core values and fulfils important social responsibilities. With thoughtful stewardship, it is my hope to extend these values to build a better company and a better world for all whom we serve.