sustainabilityreport2003.pdf
sustainabilityreport2003.pdf
sustainabilityreport2003.pdf
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fibers and telecommunication infrastructure already set up throughout the<br />
MTR system.<br />
TraxComm aims to provide service to fixed network operators, mobile carriers,<br />
internet service providers, data centers and international carriers.<br />
TraxComm’s network is expandable to cover buildings within 0.5km radius of<br />
all MTR stations, covering nearly all business centers and around 40% of<br />
residential population in Hong Kong. The company also plans to cover 200<br />
high bandwidth buildings including data centers and class-A buildings.<br />
3.3 INTERNATIONAL BUSINESS<br />
The international consulting service business of the MTR Corporation was<br />
formally launched in 1998 and has now been extended to more than 20 cities<br />
around the world from Australia, China, India, Malaysia, the Netherlands,<br />
Singapore, Thailand and the United Kingdom. In 2003, our external<br />
consulting business experienced another year of strong growth in revenues<br />
and scope, particularly in Mainland China, where we extended our<br />
consultancy involvement to eight cities: Beijing, Chengdu, Guangzhou,<br />
Hangzhou, Nanjing, Shanghai, Shenzhen and Tianjin.<br />
In India, we were awarded our first rail consultancy contract to be funded by<br />
the International Bank for Reconstruction and Development. This is an<br />
important step in establishing a reputation with this body and with its sister<br />
organisation the World Bank, which are both heavily involved in projects in<br />
developing countries. This could, in the future, allow us an opportunity to<br />
assist in supporting other sustainability initiatives.<br />
Box 3.1 MTR and Shenzhen Line 4<br />
In January 2004, MTR entered into an Agreement in-Principle with the Shenzhen Municipal<br />
Government for the construction of Phase 2 of Line 4 of the proposed Shenzhen Metro System<br />
and the operation of the whole of Line 4 for a term of 30 years under a build-operate-transfer<br />
arrangement. The agreement also incorporates property development rights of 290,000 square<br />
metres of commercial and residential property. The Metro project is planned for completion by<br />
the end of 2008.<br />
MTR CORPORATION SUSTAINABILITY REPORT 2003<br />
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