TransportationHong Kong's MTR eyes foreign expansion in face of potential rivals
City's railway monopoly views Middle East as likely target for growth
An MTR train at Chai Wan Station in Hong Kong on June 15. The city's railway operator may face new challenges at home in the near future. (Photo by Ken Kobayashi)
PEGGY YE, Nikkei staff writer
HONG KONG -- The Hong Kong government's mega development project on its northern border could potentially break the long-enjoyed virtual monopoly of the local railway operator MTR, as it aims to further expand its overseas business with a focus on the Middle East.