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Suggestions on Comprehensive Metro and Real Estate Development Applied in China: A Case Study of the MTR
Abstract:
This article generalizes the current condition of the MTR, introducing the “rail transit plus comprehensive land use” mode in detail. By analyzing this mode applied in Hong Kong, three feasible factors to the success of this mode in Hong Kong are found. According to the annual report of MTR, this mode brings great profit to MTR and has become the learning example to the rest of the world. In China, Shenzhen Metro Group co., Ltd, Hangzhou Metro Group co., Ltd and Beijing Subway are now learning this mode to alleviate the financial burden of government as well as to enlarging the metro by using their profit. In order to realize win-win situation, several suggestions should be put forward.
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2014-2017
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July 2014
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© 2014 Trans Tech Publications Ltd. All Rights Reserved
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