Multi-stakeholders Dialogue - MTR
You may have heard from the news that MTR Corporation has signed a Memorandum of Understanding with the Government setting out the terms of a proposed merger of the operations of the MTR Corporation and the Kowloon-Canton Railway Corporation.
We believe the proposed rail merger is a fair and balanced package that offers benefits to everyone including you, as a member of the travelling public of Hong Kong. If the proposed merger is approved, you will be the first to enjoy significant fare reductions, namely, a minimum 10% discount on adult Octopus fares for long distance journeys at or above HK$12 while medium distance travellers using adult Octopus will enjoy a minimum 5% fare reduction on journeys costing HK$8.5 to HK$11.9. Interchange arrangements will also become more convenient through the removal of interchange gates at Kowloon Tong, Mei Foo and Nam Cheong stations in phases.
To obtain more details of the proposed merger,please click here.