Sinkie get the kind of Gahbrament they deserve. 70% voted for more MRT breakdowns and now they KPKB when MRT actually breaks down!
From SCMP:
A veteran pro-Beijing politician has called on the Hong Kong government to buy all the shares in the city’s railway operator, following a series of scandals and high-profile departures.
Jasper Tsang Yok-sing, a former president of the legislature, pitched the idea on Saturday as the think tank he heads, Hong Kong Vision, released a report on railway network development.
But a local transport concern group opposed the proposal, saying a buy-back would not guarantee better management of the MTR Corporation or the city’s railway services.
“It would take courage and determination from the government to do this. I think it is unlikely to adopt this proposal in the coming policy address,” Tsang said, referring to Hong Kong leader Carrie Lam Cheng Yuet-ngor’s annual speech in October.
“Even if the government is willing to buy back all the shares in the MTR, many doubt it will be able to better manage the railways,” Tsang added. “But I think it’s always good to initiate a debate.”
The report argued that the MTR’s monopoly status had put the government in an unfavourable position regarding overseeing management of the firm.
“The MTR Corp has become a monopoly with profit as its overriding objective, and the Hong Kong government has little control over its governance,” the report said.
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See more here:
Buy back all shares in Hong Kong’s railway operator, officials told
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