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The British Section of the original Kowloon–Canton Railway was originally operated by a department within the Hong Kong Government. Following the government's plan to corporatise the operation of the railway, the Kowloon–Canton Railway Corporation (KCRC) was established in December 1982, with the government remaining as the sole shareholder.
The Kowloon-Canton Railway Corporation (KCRC; Chinese: 九廣鐵路公司) is a Hong Kong wholly government-owned railway and land asset manager. [1] It was established in 1982 under the Kowloon-Canton Railway Corporation Ordinance for the purposes of operating the Kowloon–Canton Railway (KCR), and to construct and operate other new railways.
The current system was formed after the merger with the Kowloon–Canton Railway on 2 December 2007, when the operations of the East Rail line, the West Rail line, the Ma On Shan line and the Light Rail system were transferred to the MTR Corporation.
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 ...
Opening in 1910 as the Kowloon–Canton Railway (British Section), the line is the first heavy rail line in Hong Kong. [8] Prior to the MTR–KCR merger in 2007, the line (then known as KCR East Rail) formed part of the Kowloon–Canton Railway (KCR) network and was managed by the Kowloon-Canton Railway Corporation (KCRC).
The operations of the territory's two leading railway companies, MTRC and the Kowloon-Canton Railway Corporation (KCRC), were merged in 2007 on grounds of economies of scale and cost effectiveness. [citation needed] The Hong Kong Government has an explicit stated [clarification needed] transport policy of using railways as its transport ...
Racecourse (Chinese: 馬場; Cantonese Yale: Máhchèung) is a station on the East Rail line of Hong Kong. It was opened on 1 October 1985 and is only used on race days and special days held in the Sha Tin Racecourse. There are single journey tickets to the station available separately.
The station was formerly on the main line of the Kowloon–Canton Railway (KCR), but since KCR's merger with the MTR, it belongs to the East Rail line of the MTR. Citylink Plaza, which has a footbridge link to New Town Plaza, is built on top of the station.