Mass Transit Railway (MTR) is the rapid transit railway system in Hong Kong. Originally opened in 1979, the system now includes 211.6 km of rail with 152 stations, including 86 railway stations and 69 light rail stops. The MTR system is currently operated by MTR Corporation Limited (MTRCL). Under the government's rail-led transport policy,[3] the MTR system is a common mode of public transport in Hong Kong, offering efficiency and affordability, with over four million trips made in an average weekday. As of first-half 2009, the MTR has a 42% market share of the franchised public transport market, making it the most popular transport option in Hong Kong.[4] The integration of the Octopus smart card fare-payment technology into the MTR system in September 1997 has further enhanced the ease of commuting on the MTR. In 1967, construction of the MTR was prompted by a government-commissioned study. The Hong Kong Government had previously commissioned a study in the 1960s to find solutions to the growing traffic problem caused by the expansion of the territory's economy.[5] Construction started soon after the release of the study, and the first line was opened in 1979. The MTR was immediately popular with residents of Hong Kong; as a result, subsequent lines have been built to cover more territory. There are continual debates regarding how and where to expand the MTR network.[6][7] (extracted from Wikipedia)

MTR, or Mass Transit Railway, is the rapid transit railway system in Hong Kong. The MTR first began service in 1979. The present-day MTR network includes 211.6 km of rail with 150 stations, including 85 railway stations and 68 light rail stops. The MTR system is currently being operated by MTR Corporation Limited (MTRCL). On 2 December 2007 the Kowloon-Canton Railway Corporation (KCRC) granted a 50-year service concession (which may be extended) of the KCR network to MTRCL, in return for making annual payments to KCRC, thereby merging the railway operations of the two corporations under MTRCL's management. At the same time MTRCL changed its Chinese name from "??????; Pinyin: Ditie Youxian Gongsi" to "????????; Pinyin: Xianggang Tielu Youxian Gongsi", but left its English name unchanged. Under the government's rail-led transport policy[3], the MTR system is a common mode of public transport in Hong Kong, offering efficiency and affordability, with over 4 million trips made in an average weekday. As of first-half 2009, the MTR has a 42% market share of the franchised public transport market, making it the most popular transport option in Hong Kong.[4] The integration of the Octopus smart card fare-payment technology into the MTR system in September 1997 has further enhanced the ease of commuting on the MTR. From Wikipedia