golodhendil
Active Member
The MTR has been in the development business since its beginning, as a government-controlled entity, long before it became publicly listed (the HK gov't is still, and by law will always be, the controlling stockholder of the company). MTR also gets to expand infrastructure and develop property largely thanks to subsidy from the government in terms of basically free transfer of land and development rights and almost full gov't funding for all projects. As I have pointed out multiple times already, MTR is hardly what one would consider a "private" transit operator.I like Hong Kong's model how the government eventually sold the MTR to the private sector. MTR would then build malls, housing along all the subway lines.
As for salary, an MTR employee earns ~$10000 HKD on average monthly (~$1300 CAD). With the work hours at 42 hr/week, that comes up to about $7-8 CAD/hr.
Last edited: