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What does MTR stand for?  Page #4

What does MTR mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: MTR.

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What does MTR mean?

MTR
The Mass Transit Railway (MTR) is a major public transport network serving Hong Kong. Operated by the MTR Corporation Limited (MTRCL), it consists of heavy rail, light rail, and feeder bus service centred on a 10-line rapid transit network serving the urbanised areas of Hong Kong Island, Kowloon, and the New Territories. The system included 240.6 km (149.5 mi) of rail as of 2022 with 167 stations, including 99 heavy rail stations, 68 light rail stops and one high-speed rail terminus.Under the government's rail-led transport policy, the MTR system is a common mode of public transport in Hong Kong, with over five million trips made in an average weekday. It consistently achieves a 99.9 per cent on-time rate on its train journeys. As of 2018, the MTR has a 49.3 per cent share of the franchised public transport market, making it the most popular transport option in Hong Kong. The integration of the Octopus smart card fare-payment technology into the MTR system in September 1997 has further enhanced the ease of commuting on the MTR. Construction of the MTR was prompted by a study, released in 1967, commissioned by the Government of British Hong Kong to find solutions to the increasing road congestion problem caused by the territory's fast-growing economy. Construction started soon after the release of the study, and the first line opened in 1979. The MTR was immediately popular with residents of Hong Kong; as a result, subsequent lines have been built to cover more territory. There are continual debates regarding how and where to expand the MTR network.The MTR has served as a model for some newly built systems, particularly in China.The MTRCL is involved in the construction and operation of railway projects in three Mainland China cities, namely Beijing, Shenzhen and Hangzhou. MTRCL also constructs and operates the Macao Light Rapid Transit. MTRCL operates railway services in London in the United Kingdom, Stockholm in Sweden, and Melbourne in Australia, and is involved in the construction and operation of a railway project in Sydney, Australia. For MTRCL’s network worldwide, see MTR Corporation.

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