{"id":10979,"date":"2022-12-15T05:16:22","date_gmt":"2022-12-15T05:16:22","guid":{"rendered":"https:\/\/cfi.co\/awards\/?p=10979"},"modified":"2022-12-15T05:16:22","modified_gmt":"2022-12-15T05:16:22","slug":"mtr-corporation-best-public-service-financial-management-team-hong-kong-2022","status":"publish","type":"post","link":"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/mtr-corporation-best-public-service-financial-management-team-hong-kong-2022\/","title":{"rendered":"MTR Corporation: Best Public Service Financial Management Team Hong Kong 2022"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-9909\" src=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2021\/12\/MTR.jpg\" alt=\"MTR\" width=\"500\" height=\"136\" srcset=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2021\/12\/MTR.jpg 500w, https:\/\/cfi.co\/awards\/wp-content\/uploads\/2021\/12\/MTR-300x82.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/p>\n<p style=\"text-align: justify;\">MTR Corporation started out as the Mass Transit Railway provider for Hong Kong, but over the past 47 years, the company has expanded its operational scope and geographic footprint. MTR pursues a \u201crail-plus-property\u201d business model that has enabled it to create synergies and diversify revenue streams. MTR Corporation leads and coordinates property development, negotiating with governments on greenfield land rights before opening tender packages to partners. MTR oversees the design and construction, while the development partners typically cover the land premium and development costs. The company now has a global footprint stretching from Hong Kong to the UK, Sweden, Australia and mainland China. MTR\u2019s diversification has proven crucial as waves of Covid variants continue to threaten people\u2019s health and companies\u2019 solvency. The corporation has promised to \u201cride out the tough times together with the public\u201d. It froze fares for the 2022\/23 financial year \u2014 just as it has over the past two years. It introduced a fare reduction of 1.85 percent last year, and has also extended a special fare rebate of 3.8 percent till the first of January, 2023. It\u2019s offering more than $600m worth of fare promotions this year, in addition to the usual $2.2bn in concessions the corporation bears on an annual basis. MTR keeps cities moving by investing in hi-tech innovations, like robot cleaners and smart sensors. The CFI.co judging panel presents repeat winner MTR Corporation with the 2022 award for Best Public Service Financial Management Team (Hong Kong).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MTR Corporation started out as the Mass Transit Railway provider for Hong Kong, but over the past 47 years, the company has expanded its operational scope and geographic footprint. MTR<\/p>\n","protected":false},"author":1,"featured_media":9910,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3,11,53,31],"tags":[],"class_list":["post-10979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-finance","category-front","category-transport"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.6 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MTR Corporation: Best Public Service Financial Management Team Hong Kong 2022 - CFI.co<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/mtr-corporation-best-public-service-financial-management-team-hong-kong-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MTR Corporation: Best Public Service Financial Management Team Hong Kong 2022\" \/>\n<meta property=\"og:description\" content=\"MTR Corporation started out as the Mass Transit Railway provider for Hong Kong, but over the past 47 years, the company has expanded its operational scope and geographic footprint. MTR\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/mtr-corporation-best-public-service-financial-management-team-hong-kong-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"CFI.co\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CapitalFinanceInternational\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-15T05:16:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2021\/12\/MTR-thumb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"349\" \/>\n\t<meta property=\"og:image:height\" content=\"218\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"marten\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CFIMagazine\" \/>\n<meta name=\"twitter:site\" content=\"@CFIMagazine\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"marten\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/mtr-corporation-best-public-service-financial-management-team-hong-kong-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/mtr-corporation-best-public-service-financial-management-team-hong-kong-2022\/\"},\"author\":{\"name\":\"marten\",\"@id\":\"https:\/\/cfi.co\/awards\/#\/schema\/person\/e3ad9b01223c3a8168d49fc9b884a909\"},\"headline\":\"MTR Corporation: Best Public Service Financial Management Team Hong Kong 2022\",\"datePublished\":\"2022-12-15T05:16:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/mtr-corporation-best-public-service-financial-management-team-hong-kong-2022\/\"},\"wordCount\":250,\"image\":{\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/mtr-corporation-best-public-service-financial-management-team-hong-kong-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2021\/12\/MTR-thumb.jpg\",\"articleSection\":[\"Asia Pacific\",\"Finance\",\"FRONT\",\"Transport\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/mtr-corporation-best-public-service-financial-management-team-hong-kong-2022\/\",\"url\":\"https:\/\/cfi.co\/awards\/asia-pacific\/2022\/mtr-corporation-best-public-service-financial-management-team-hong-kong-2022\/\",\"name\":\"MTR Corporation: Best Public Service Financial Management Team Hong Kong 2022 - 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