With the "merger" of the MTRC and the KCRC in 2007, the history of
Hong Kong's railways turned a new page. The two government-owned
corporations were exceptionally profitable. Yet, this commercially
successful railway model was not without social costs and political
Moving Millions critically examines the governance history
of the MTRC and the KCRC over the past three decades, and sheds
light on the challenges to Hong Kong's railway after the "merger".
The author discusses complex relationships between railway
management, government policy and politics. Critical issues are
analysed, including corporate governance; railway-property
development; funding and managing new projects; mismanagement and
controversies; public accountability; and passenger interest in
fares, choice and convenience.
The book compares how differently the MTRC and the KCRC dealt with
the government, civil society, the market, and with each other to
achieve commercial objectives and tackle public interests issues in
a post-industrial society, where public expectations are rising
despite constraints in democracy.
Subjects: Transportation Studies
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