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Overseas expansion of Hong Kong Railway Company Limited

Expanding markets outside Hong Kong is part of the development strategy of MTR Corporation. Introducing railway development and property management expertise into China and international markets is also the core element of the sustainable development strategy of the MTRC. China Mainland is the focus of MTR Corporation's business development strategy, mainly focusing on the development and investment of urban railways, providing railway operation, property management and consulting services for the Mainland. The Beijing Metro Line 4 project is progressing smoothly, and the MTR Corporation is also preparing for the approval of the Shenzhen Rail Transit Line 4 project, and continues to look for more opportunities for similar investment projects in big cities such as Hangzhou, Suzhou, Tianjin and Wuhan, as well as Beijing and Shenzhen. Shanghai Subway

As early as 2002, MTR Corporation established a joint venture company named "Shanghai MTR Construction Management Co., Ltd." in Shanghai, responsible for the project management of Shanghai railway construction. This company is the project management and owner's representative of the first phase of Shanghai Metro Line 9, responsible for the design and construction of Line 9, and providing design consultation for Line 8 and 1 1. The first phase of Line 9 from Songjiang Xincheng Station to Guilin Road Station was opened to traffic at the end of June 5438+February, 2007, and the section from Guilin Road Station to Yishan Road Station was completed at the end of 2008.

Beijing subway

12 In April, MTR Corporation and its public-private joint venture company signed a franchise agreement with the Beijing Municipal Government for the Beijing Metro Line 4 project, with a total investment of about15.3 billion yuan, which was an important milestone in the development of the Group's overseas business.

Beijing Metro Line 4 is not only one of the largest investment projects in Beijing-Hong Kong cooperation, but also the first railway project in China to adopt the public-private partnership (PPP) model.

About 4.6 billion yuan or 30% of the total cost will be borne by the public-private joint venture company "Beijing Jinggang Metro Co., Ltd." composed of MTR Corporation, Beijing Infrastructure Investment Co., Ltd. and Beijing Capital Venture Group Co., Ltd., and the three parties have 49%, 2% and 49% rights and interests in the joint venture company respectively. The rest of the construction costs are provided by the Beijing Municipal Government. The joint venture company will be responsible for the electromechanical railway system and trains of Beijing Line 4, and obtain the railway franchise for 30 years.

On June 27, 2008, Beijing Jinggang Metro Co., Ltd. also signed a memorandum of understanding with Beijing Rail Transit Daxing Line Investment Co., Ltd., which is wholly owned by Beijing Municipal Government, on the operation and maintenance project of Daxing Line of Beijing Metro with a total length of 22 kilometers. As Daxing Line is an extension of Line 4, the joint venture company can operate Daxing Line after its completion until the end of the franchise period.

Beijing Line 4 is 29 kilometers long and has 24 stations, starting from Gongyi Xiqiao Station on the South Fourth Ring Road in Fengtai District in the south and reaching anheqiao north station in Haidian District in the north. It is estimated that the construction project will be completed in September 2009 and opened to traffic in the fourth quarter of 2009. Daxing line completed on 20 10.

Shenzhen metro

In May, 2005, the MTR Corporation signed a 30-year franchise agreement with the Shenzhen Municipal Government for the construction of the second phase of Shenzhen Rail Transit Line 4 (now called longhua line), adopting the mode of "railway plus property" (that is, the MTR Corporation is responsible for the property development projects along Line 4). ), and set up a wholly-owned subsidiary "MTR Rail Transit (Shenzhen) Co., Ltd." to manage the whole project with a total investment of 5.8 billion yuan.

In 2008, the whole project of Shenzhen Line 4 has been approved by the National Development and Reform Commission, the relocation and land acquisition of related public facilities have started, and the preparatory work is nearing completion, so the main civil works can be started immediately. On March 18, 2009, MTR Rail Transit (Shenzhen) Co., Ltd. and Shenzhen Municipal Government formally signed the franchise agreement for Line 4 project. According to this franchise agreement, MTR Corporation is responsible for the investment and construction of the second phase of Line 4, and all the expenses for the operation, maintenance and asset management of Line 4. The Shenzhen Municipal Government will provide appropriate financial support to operate the whole line for 30 years.

At the same time, the MTRC will arrange to take over the first phase of Line 4. About 12 months before the opening of Line 4, MTR Rail Transit (Shenzhen) Co., Ltd. will start the first phase of Line 4 to prepare for the opening of the whole line. The entire Line 4 project is expected to be completed and opened to traffic before the 26th Universiade is held in Shenzhen in 20 1 1.

Shenzhen Line 4 is 20.5 kilometers long, with 15 station, starting from Futian Port and going straight to Longhua New City. Longhua New Town is the location of the new Shenzhen station of the national high-speed rail. Line 4 connects the Lok Ma Chau Station of the Metro and closely connects the railway services between Shenzhen and Hong Kong. Futian Port Station to Children's Palace Station, the first phase of Line 4, was opened to traffic on June 5438+February, 2004. The second phase is 16 km long, and 10 station connects Children's Palace Station to Qinghu Station.

hangzhou metro

In May 2008, the Metro Company submitted the financing plan of Hangzhou Metro 1 Line to the Hangzhou Development and Reform Commission. After being selected as the "priority negotiation object" of the project in July 2008, it signed an agreement in principle with Hangzhou Municipal Government and Hangzhou Metro Group Co., Ltd. in June 2009 to invest in the construction of Hangzhou Metro 1 Line in a public-private partnership mode for a period of 25 years. The total investment of this project is 22 billion yuan. Hangzhou 1 Line is expected to open on 20 1 1. At the same time, the subway company signed a strategic agreement with the Hangzhou municipal government to explore real estate development opportunities along the Hangzhou subway.

Shenyang subway

On June 5438+065438+ 10, 2008, MTR Corporation signed an agreement with Shenyang Municipal Government and Shenyang Metro Group Co., Ltd. to set up a franchise company to operate Shenyang Metro 1 Line 2, with a total length of 50 kilometers. And set up a joint cooperation group with Shenyang Municipal Government to study the development of Shenyang Metro Lines 4, 9, 10 and the extension of 1 2. Shenyang 1 Line and Line 2 will be put into operation on 20 10 and 20 12 respectively. In addition, the MTRC signed another agreement to plan and discuss the real estate development opportunities along Shenyang 1 Line and Line 2. With the strategy of low investment, MTRC strives for the railway operation franchise contract with low capital demand in the European privatization market.

London railway

In June 5438 +2007 10, MTR Corporation and Laing Rail jointly bid for the London Railway franchise, becoming one of the two bidders who entered the final selection process, and submitted the best and final offer in March 2007. On June 9, 2007, transport for london submitted a letter to London Over Ground Rail Operations Limited (LOROL), a joint venture between MTR Corporation and Laing Rail, granting the franchise of London Railway (now renamed as "London Over Ground"). And in June 2007 1 65438+1October1day, it successfully took over the franchise, which brought steady improvement to the railway. The operation performance has also been improved, and the * * * 3 1 station has been improved.

London Underground is an important railway network in London, serving the west, north and east of London, and will be an important transportation system during the 20 12 Olympic Games. According to the franchise, LOROL will operate train service in Greater London for a period of seven years, which can be extended for two years in transport for london.

Stockholm tunnel

In August, 2008, MTR Corporation entered the bidding for the franchise right of Stockholms tunnelbana in Sweden. On June, 2009, 65438+1October, 2 1 day, MTR Corporation won the total length of108km and109. MTR Corporation also took over the franchise on June 5438+065438+1October 2, 2009. The MTRC is also fighting for the franchise contract of railway operation in the Australian market.

Melbourne railway company

In April 2009, MTR Corporation entered the tender for the franchise of Melbourne Metro in Australia. MTM, a joint venture between MTL and two local Australian companies (Holland Private Limited and United Group Railway Services Limited), may be granted a 15-year franchise for this 372km * * 200-station railway system to handle the operation and maintenance of the railway. If the MTRC succeeds in obtaining the franchise, the franchise will take effect at the end of 2009.