20 October 2003
Third PCG meeting highlighted in KCRC's current issue of Trackrecord
In the new issue of Trackrecord, we cover the third meeting of the Public Consultation Group (PCG) held by Kowloon-Canton Railway Corporation (KCRC) this year. The PCG meetings bring together members of the Corporation’s Managing Board and senior management along with the chairmen of the Traffic and Transport Committees of ten District Councils and representatives of East Rail and Light Rail Passenger Liaison Groups. Among the items discussed were the fares and operational readiness of West Rail.
Another important item in the new Trackrecord is the announcement by TheAsset magazine of the results of a 2003 survey among fixed income investors active in the Asian dollar bond market. According to the survey, KCRC was ranked in the top ten Asian investment credits based on 12 financial criteria.
Also in the current issue we look at the delivery of three new sets of rolling stock that will make KCRC’s operations safer, more efficient and more environmentally-friendly.
The first of these was the arrival of a new rail maintenance machine for West Rail with the latest advances in real-time track measurement and rail grinding. This was followed by the delivery of five new diesel locomotives for East Rail, which run on cleaner ultra-low sulphur diesel fuel, then the offloading at Hung Hom a week later of a new batch of EMU trains. These trains will be fully tested before going into service on Ma On Shan Rail when it opens next year.
Trackrecord, the official staff newsletter of the KCRC, is published once a month and distributed to all employees, the Corporation’s key stakeholders, consulates, senior government officials, the media and community leaders.