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     Local host

    Welcome from Hong Kong
    “More than ever before, public transport is playing a pivotal role in social and economic development. Public transport affects the lives of millions, and it literally shapes the physical and economic landscapes of our cities. Decisions on how transport needs should be met often involve multi-billion dollar investments…”

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    Such decisions are always politically sensitive and stake-holder expectations are always complex and diverse. We therefore need seasoned, far-sighted and innovative professionals to plan, design, construct and operate public transport facilities, and we must draw on expertise from across a broad spectrum of the transport industry in our quest for sustainable public transport development in an increasingly customer-focused environment.

    With this in mind, MTR takes great pleasure in inviting you to the 6th UITP Asia-Pacific Congress and the 3rd International Conference on Public Transport Financing, which we are hosting for UITP. This will be an excellent forum for public transport planners, operators, equipment suppliers and regulators to share ideas and experience relating to how we should face the immense and evolving transport challenges of this age. There will be many opportunities for us to network and to be updated on the latest trends and issues. I look forward to welcoming you to the fascinating and vibrant city of Hong Kong for what will surely be a stimulating and fruitful conference.

    Sir C.K. CHOW
    Chief Executive Officer
    MTR Corporation

    Congress and Conference Objectives

    • Inspire public transport professionals
    • Highlight groundbreaking public transport strategies
    • Help make the case for public transport
    • Strengthen links with with financing institutions , investors and urban developers
    Who should attend?   click here!
    • Executives from public transport operators, authorities, and supply industry
    • Decision-makers in charge of transport and planning policies
    • Business leaders with an interest in the development of public transport
    • Public and private investors, financing institutions and fund managers
    • Property developers willing to develop synergies with public transport
    • Academics and consultants specialised in public transport

    Public Transport Financing Conference

    The consistent growth in demand for public transport and rising expectations in terms of quality of supply call for the mobilisation of significant financial resources from various origins to increase capacity, train staff, develop innovations, and provide full portfolios of services…

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    The operating conditions of public transport in cities where car traffic has received the lion’s share of public investment over the last decades and other factors, inherent to the public transport industry, or related to public service obligations imposed on public transport account for the challenge of funding public transport operations and investment through passenger fares only.

    Strengthening public transport financing is thus crucial in responding to tomorrow mobility needs while keeping the development of cities on a sustainable course. It is an important pillar of the UITP Strategy to double the market share of public transport by 2025.

    The period of uncertainty opened by the financial and economic crisis that hit the world in 2008-2009 has brought to the fore the need for diversified revenues, stable funding schemes, innovative approaches and partnerships.

    This International Conference on Public Transport Financing will inspire public transport professionals about innovative revenue strategies and funding sources for public transport. It will also improve mutual knowledge and understanding between public transport and the finance sector.

    Hans Rat
    UITP Secretary General

     

    Public Transport in Hong Kong
    The challenge of managing transport in a densely populated territory, with a road network under intense pressure, has been addressed by combining public transport oriented development, expensive car use, and the facilitation of non-motorised modes in the highly populated urban centre.
    Public transport in Hong-Kong is characterised by high standards of reliability, comfort, hygiene and security. About 90% of passengers rely on various modes of public transport. Services are independently run by private companies which are profitable without government subsidies. In particular Hong-Kong’s rail and property development model as well as rich portfolios of non-fare revenues for operators will provide inspiration to public transport professionals in search of alternative ways to fund public transport.