The Legco Brief on Railway Development Strategy
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Transport Infrastructure and Traffic Review
Transport Infrastructure and Traffic Review Planning Department October 2016 Hong Kong 2030+ 1 TABLE OF CONTENTS 1 PREFACE ........................................................... 1 5 POSSIBLE TRAFFIC AND TRANSPORT 2 CHALLENGES ................................................... 2 ARRANGEMENTS FOR THE STRATEGIC Changing Demographic Profile .............................................2 GROWTH AREAS ............................................. 27 Unbalanced Spatial Distribution of Population and Synopsis of Strategic Growth Areas ................................. 27 Employment ........................................................................3 Strategic Traffic and Transport Directions ........................ 30 Increasing Growth in Private Vehicles .................................6 Possible Traffic and Transport Arrangements ................. 32 Increasing Cross-boundary Travel with Pearl River Delta Region .......................................................................7 3 FUTURE TRANSPORT NETWORK ................... 9 Railways as Backbone ...........................................................9 Future Highway Network at a Glance ................................11 Connecting with Neighbouring Areas in the Region ........12 Transport System Performance ..........................................15 4 STRATEGIC DEVELOPMENT DIRECTIONS FROM TRAFFIC AND TRANSPORT PERSPECTIVE ................................................. 19 Transport and Land Use Optimisation ...............................19 Railways Continue to be -
Industry Overview
THIS DOCUMENT IS IN DRAFT FORM, INCOMPLETE AND SUBJECT TO CHANGE AND THAT THE INFORMATION MUST BE READ IN CONJUNCTION WITH THE SECTION HEADED ‘‘WARNING’’ ON THE COVER OF THIS DOCUMENT. INDUSTRY OVERVIEW The information and statistics set forth in this section and elsewhere in this document have been derived from an industry report, commissioned by us and independently prepared by Ipsos in connection with the [REDACTED]. In addition, certain information is based on, or derived or extracted from, among other sources, publications of government authorities and internal organisations, market data providers, communications with various government agencies or other independent third-party sources unless otherwise indicated. We believe that the sources of such information and statistics are appropriate and have taken reasonable care in extracting and reproducing such information. We have no reason to believe that such information and statistics are false or misleading in any material respect or that any fact has been omitted that would render such information and statistics false or misleading. Our Directors confirm that, after taking reasonable care, they are not aware of any adverse change in market information since the date of this document which may qualify, contradict or adversely impact the quality of the information in this section. None of our Company, our Directors, and any of the Relevant Persons (other than Ipsos) have independently verified such information and statistics contained in the Ipsos Report and no representation has been given as to their accuracy. Accordingly, such information should not be unduly relied upon. SOURCE AND RELIABILITY OF INFORMATION We commissioned Ipsos, an independent market research consulting firm, to conduct an analysis on and to report on the industry development trends, market demand and competitive landscape of the façade works industry and building metal finishing works industry in Hong Kong for the period from 2014 to 2023, at a fee of HK$496,000 and our Directors consider that such fee reflects the market rates. -
Rail Merger (1) Connected Transactions (2) Very Substantial Acquisition
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Circular does not constitute, or form part of, an offer or invitation, or solicitation or inducement of an offer, to subscribe for or purchase any of the MTRC Shares or other securities of the Company. If you are in any doubt as to any aspect of this Circular, or as to the action to be taken, you should consult a licensed securities LR 14.63(2)(b) dealer, bank manager, solicitor, professional accountant or other professional adviser. LR 14A.58(3)(b) If you have sold or transferred all your MTRC Shares, you should at once hand this Circular to the purchaser or transferee or to the bank, licensed securities dealer or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee. The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this Circular, makes no representation as to its LR 14.58(1) accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the LR 14A.59(1) whole or any part of the contents of this Circular. App. 1B, 1 LR 13.51A RAIL MERGER (1) CONNECTED TRANSACTIONS (2) VERY SUBSTANTIAL ACQUISITION Joint Financial Advisers to the Company Goldman Sachs (Asia) L.L.C. UBS Investment Bank Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders Merrill Lynch (Asia Pacific) Limited It is important to note that the purpose of distributing this Circular is to provide the Independent Shareholders of the Company with information, amongst other things, on the proposed Rail Merger, so that they may make an informed decision on voting in respect of the EGM Resolution. -
Amendments to Kwun Tong Line Extension Gazetted ***********************************************
Amendments to Kwun Tong Line Extension gazetted *********************************************** The Government published in the Gazette today (June 25) under section 7 of the Railways Ordinance the proposed amendments to the Kwun Tong Line Extension (KTE) scheme. The KTE scheme gazetted in November 2009 includes an approximately 2.6 kilometres long railway extending from Yau Ma Tei Station on the existing MTR Kwun Tong Line with two new railway stations in Ho Man Tin and Whampoa. Passengers can interchange at the proposed Ho Man Tin Station for the future Sha Tin to Central Link. The extension will provide convenient railway services to the residents of the Ho Man Tin, Hung Hom and Whampoa areas. The KTE will help reduce traffic on the roads in the Ho Man Tin and Whampoa areas. Passengers from Ho Man Tin and Whampoa will be able to reach Mong Kok within five minutes, compared with more than 25 minutes by using road-based transport between Whampoa and Mong Kok during rush hours. The Government and the MTR Corporation Limited (MTRCL) have been keeping close contact with the major stakeholders in reviewing the scheme design and will continue to keep the Traffic and Transport Committee of the Yau Tsim Mong District Council and the Kowloon City District Council abreast of the scheme development. "Some of the proposed amendments gazetted are to address concerns of the public expressed after the proposed KTE scheme was gazetted in November 2009 while others are to accommodate the latest changes and improvement measures proposed by the MTRCL which has been carrying out the detailed design of the KTE," a government spokesman said. -
Chapter 3 Land Matters
Project Administration Handbook for Civil Engineering Works 2020 Edition CHAPTER 3 LAND MATTERS The parts of the PAH shown in blue and bold should only be updated by Works Branch of Development Bureau. Rev Issue Date Amendment Incorporated First Issue October 2020 NA Chapter 3 (Rev. 0) 1 Project Administration Handbook for Civil Engineering Works 2020 Edition SYNOPSIS This chapter sets out the procedures for the acquisition and control of land required for projects managed by CEDD, DSD, HyD and WSD. It does not cover the land requirements of quasi-government bodies such as the MTR Corporation Limited (MTRCL), but it describes the procedures necessary to avoid any possible interference with these land requirements. The authority for land matters is the Director of Lands (D of L) who exercises his duties through the respective District Lands Offices (DLOs). The role of CEDD, DSD, HyD and WSD in land matters is either as a works department requiring the temporary use of the site and associated areas, or in some instances as the operation department requiring the permanent use of the land. Because of the large number of departments that have a pertinent interest in land matters, it is necessary for formal procedures for the reservation, allocation, acquisition and clearance of land to be followed before any land can be made available for works to proceed. This chapter does not give details of procedures to be followed by the Lands Department (LandsD), which are covered by Land Instructions (LIs). However, reflections have been made to concur with the procedures laid down in the LIs. -
Head 186 — TRANSPORT DEPARTMENT
Head 186 — TRANSPORT DEPARTMENT Controlling officer: the Commissioner for Transport will account for expenditure under this Head. Estimate 2011–12................................................................................................................................... $1,306.0m Establishment ceiling 2011–12 (notional annual mid-point salary value) representing an estimated 1 260 non-directorate posts as at 31 March 2011 rising by 22 posts to 1 282 posts as at 31 March 2012. ....................................................................................................................................... $470.5m In addition, there will be an estimated 27 directorate posts as at 31 March 2011 rising by one post to 28 posts as at 31 March 2012. Commitment balance ............................................................................................................................ $238.2m Controlling Officer’s Report Programmes Programme (1) Planning and Development This programme contributes to Policy Area 21: Land and Waterborne Transport (Secretary for Transport and Housing). Programme (2) Licensing of Vehicles and This programme contributes to Policy Area 21: Land and Drivers Waterborne Transport (Secretary for Transport and Housing) and Policy Area 25: Revenue Collection and Financial Control (Secretary for Financial Services and the Treasury). Programme (3) District Traffic and These programmes contribute to Policy Area 21: Land and Transport Services Waterborne Transport (Secretary for Transport and Housing). Programme -
The Arup Journal
KCRC EAST RAIL EXTENSIONS SPECIAL ISSUE 3/2007 The Arup Journal Foreword After 10 years' planning, design, and construction, the opening of the Lok Ma Chau spur line on 15 August 2007 marked the completion of the former Kowloon Canton Railway Corporation's East Rail extension projects. These complex pieces of infrastructure include 11 km of mostly elevated railway and a 6ha maintenance and repair depot for the Ma On Shan line, 7.4km of elevated and tunnelled route for the Lok Ma Chau spur line, and a 1 km underground extension of the existing line from Hung Hom to East Tsim Sha Tsui. Arup was involved in all of these, from specialist fire safety strategy for all the Ma On Shan line stations, to multidisciplinary planning, design, and construction supervision, and, on the Lok Ma Chau spur line, direct work for a design/build contractor. In some cases our involvement went from concept through to handover. For example, we were part of a special contractor-led team that carried out a tunnel feasibility study for the Lok Ma Chau spur line across the ecologically sensitive Long Valley. At East Tsim Sha Tsui station we worked closely with the KCRC and numerous government departments to re-provide two public recreation spaces - Middle Road Children's playground at the foot of the historic Signal Hill, and Wing On Plaza garden - examples that show the importance of environmental issues for the KCRC in expanding Hong Kong's railway network. This special issue of The Arup Journal is devoted to all of our work on the East Rail extensions, and our feasibility study for the Kowloon Southern Link, programmed to connect West Rail and East Rail by 2009. -
Designing Victoria Harbour: Integrating, Improving, and Facilitating Marine Activities
Designing Victoria Harbour: Integrating, Improving, and Facilitating Marine Activities By: Brian Berard, Jarrad Fallon, Santiago Lora, Alexander Muir, Eric Rosendahl, Lucas Scotta, Alexander Wong, Becky Yang CXP-1006 Designing Victoria Harbour: Integrating, Improving, and Facilitating Marine Activities An Interactive Qualifying Project Report Submitted to the Faculty of WORCESTER POLYTECHNIC INSTITUTE in partial fulfilment of the requirements for the Degree of Bachelor of Science In cooperation with Designing Hong Kong, Ltd., Hong Kong Submitted on March 5, 2010 Sponsoring Agencies: Designing Hong Kong, Ltd. Harbour Business Forum On-Site Liaison: Paul Zimmerman, Convener of Designing Hong Kong Harbour District Submitted by: Brian Berard Eric Rosendahl Jarrad Fallon Lucas Scotta Santiago Lora Alexander Wong Alexander Muir Becky Yang Submitted to: Project Advisor: Creighton Peet, WPI Professor Project Co-advisor: Andrew Klein, WPI Assistant Professor Project Co-advisor: Kent Rissmiller, WPI Professor Abstract Victoria Harbour is one of Hong Kong‟s greatest assets; however, the balance between recreational and commercial uses of the harbour favours commercial uses. Our report, prepared for Designing Hong Kong Ltd., examines this imbalance from the marine perspective. We audited the 50km of waterfront twice and conducted interviews with major stakeholders to assess necessary improvements to land/water interfaces and to provide recommendations on improvements to the land/water interfaces with the goal of making Victoria Harbour a truly “living” harbour. ii Acknowledgements Our team would like to thank the many people that helped us over the course of this project. First, we would like to thank our sponsor, Paul Zimmerman, for his help and dedication throughout our project and for providing all of the resources and contacts that we required. -
Business Overview About MTR
Business Overview About MTR MTR is regarded as one of the world’s leading railways for safety, reliability, customer service and cost efficiency. In addition to its Hong Kong, China and international railway operations, the MTR Corporation is involved in a wide range of business activities including the development of residential and commercial properties, property leasing and management, advertising, telecommunication services and international consultancy services. Corporate Strategy MTR is pursuing a new Corporate Strategy, “Transforming the Future”, The MTR Story by more deeply embedding sustainability and Environmental, Social and Governance principles into its businesses and operations The MTR Corporation was established in 1975 as the Mass Transit with the aim of creating more value for all the stakeholders. Railway Corporation with a mission to construct and operate, under prudent commercial principles, an urban metro system to help meet The strategic pillars of the new Corporate Strategy are: Hong Kong’s public transport requirements. The sole shareholder was the Hong Kong Government. The platform columns at To Kwa Wan Station on Tuen Ma Line are decorated with artworks entitled, “Earth Song”, which presents a modern interpretation of the aesthetics of the Song Dynasty, The Company was re-established as the MTR Corporation Limited in June 2000 after the Hong Kong Special Administrative Region illustrating the scenery from day to night and the spring and winter seasons using porcelain clay. Government sold 23% of its issued share capital to private investors Hong Kong Core in an Initial Public Offering. MTR Corporation shares were listed on the Stock Exchange of Hong Kong on 5 October 2000. -
Transit Oriented Development and Value Capture – Hong Kong
UNESCAP Regional Expert Group Meeting on Sustainable and Inclusive Transport Development and 2nd Asia BRTS Conference, 29 Sep –1 Oct 2014, Ahmedabad Transit Oriented Development and Value Capture –Hong Kong Dr. Wing‐tat HUNG Associate Professor Department of Civil and Environmental Engineering The Hong Kong Polytechnic University 1 • 218 km • 84 MTR stations • 68 Light rail stations • 4.5 million passenger daily (40% of total public transport patronage) Source: Hong Kong Railway Development Strategy 2014 2 The Hong Kong Polytechnic University TOD ‐ Railway Development Strategy 2014 3 The Hong Kong Polytechnic University Proposed New Lines/ extensions up to 2031 2013 estimates (USD, billion) Northern Link and Kwu Tung Station 2.97 Tuen Mun South Extension 0.71 East Kowloon Line 3.55 Tung Chung West Extension 0.77 Hung Shui Kiu Station 0.39 South Island Line (West) 3.23 North Island Line 2.58 TOTAL 14.19 4 The Hong Kong Polytechnic University Transit Oriented Developments District centre “TOD” functions With High density private housing District road District open space and Traffic free high District centre low density land use density mixed housing functions With High density private housing 500m walk-in zone to station “3D” Principles: High Development Density Intensive and efficient land use within the station walk-in catchment area Land Use Diversity Enhance the life and vibrancy of the community High-Quality Community Design Seamless connection and interchange, segregation of pedestrian and vehicular traffic, Local road with greening -
MTR Corporation
MTR Corporation Company Overview November 2020 to December 2020 Forward-looking statements Certain statements contained in this presentation may be viewed as forward-looking statements. Such forward- looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Page 2 COVID-19 update (Recurrent businesses) For 1H2020, the estimated total financial impact of the COVID-19 outbreak on recurrent profit was ~HK$5 billion, mainly due to: • Lower patronage • Rental concession to tenants at station kiosks and shopping malls since February • Lower advertising revenue • Negative financial impact on Mainland China & International businesses Since July 2020 • Domestic Services average weekday patronage declined in July (-33.0% YoY) and August (-38.6% YoY), after the 3rd wave of COVID-19 outbreak. The decline has narrowed in September (-22.8% YoY) and October (-3.4% YoY), due to the gradual recovery and low base in 2019 • Revenue loss during station closures (mainly cross-boundary stations) • Rental concession remains, on case-by-case basis. • Advertising activities remained weak • Mainland China businesses continue to improve, following the re-opening in most cities. • Overseas operations remain negatively affected, given the global outbreak. Page 3 COVID-19 update (Transport operations) • The decline widened again after the 3rd wave of COVID- Overall Patronage (‘000) 19 outbreak, with renewed work-from-home 20% 6,000 5.1% 1.7% 1.8% 2.6% 2.3% 1.3% -1.3% 10% arrangement, tightened social distancing and school 5,000 -5.4% -7.9% 0% -16.0% 4,000 -17.5% (10%) -6.7%-23.8% suspension. -
Report of the Subcommittee on Matters Relating to Railways for Submission to the Panel on Transport
立法會 Legislative Council LC Paper No. CB(4)1188/14-15 Ref : CB4/PS/3/12 Report of the Subcommittee on Matters Relating to Railways for submission to the Panel on Transport Purpose This report gives an account of the work of the Subcommittee on Matters Relating to Railways ("the Subcommittee") during the 2014-2015 legislative session. The Subcommittee 2. The Panel on Transport ("the Panel") agreed by circulation in late October 2014 that the Subcommittee should continue its work in the 2014-2015 session to facilitate more focused discussion on matters relating to railways. The terms of reference and membership list of the Subcommittee are at Appendices I and II respectively. 3. Under the chairmanship of Hon CHAN Han-pan, the Subcommittee has discharged its functions according to its terms of reference and held five meetings (up to June 2015) with the Administration and the MTR Corporation Limited ("MTRCL"). Major work 4. In the current session, the Subcommittee has followed up on various issues relating to the planning and implementation of new railway projects, as well as the operation of existing railways. The discussions 2 of the Subcommittee with the Administration and MTRCL are summarized in the ensuing paragraphs. A. Planning of new railway projects Public consultation on the review and update of the Railway Development Strategy 2000 5. The Railway Development Strategy 2000 ("RDS-2000") was announced in May 2000, mapping out a plan for the expansion of Hong Kong's railway network up to year 2016. Consequently a number of railway projects have been completed and come into operation or are at different stages of implementation.