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MTR Corporation (00066) CEO Yeung Mei-chun: Future Focus Includes Advancing 6 Confirmed New Railway Projects

Stock News01-02

On January 2, MTR Corporation's (00066) new Chief Executive Officer (CEO), Yeung Mei-chun, stated that another key future focus for the MTR is the successful execution of six confirmed new railway projects in areas including Lantau Island, Tuen Mun, and the Northern Metropolis. Excluding the second phase of the Northern Link, the related engineering investment for these projects already amounts to HKD 140 billion. Engineering and financial management will be a primary focus of her work, and she looks forward to the sequential completion of these projects, which will add over 20 new stations between 2027 and 2034. Yeung Mei-chun expressed feeling honored and excited about her new role, acknowledging the significant responsibilities it entails. She committed to leading her team in serving the people of Hong Kong, emphasizing that the MTR will keep pace with the times to provide quality and resilient railway services. Yeung pointed out that the company had implemented various measures over the past year to address cash flow needs, which have already yielded positive results. She further noted that the current environment presents many challenges, necessitating new approaches, and that the MTR will leverage artificial intelligence technology for assistance. She stressed that employees are a vital resource for the company and pledged to foster communication and collaboration upon taking office, striving to enable everyone to utilize their strengths to the fullest.

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