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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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