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INTERACTION WITH HONG KONG, ASIAN AND GLOBAL ECONOMIES
MTR directly employs about 6,629 people and indirectly supports the employment
of many more in Hong Kong, the region and globally through the hiring of
contractors for projects (ranging from rail infrastructure construction
to station cleaning), the purchase of supplies and energy and our involvement
in joint property development ventures. Beyond this, MTR's
services, namely the efficient movement of people and the provision of residential,
retail and office space, play an important role in the Hong Kong economy.
In addition, the Octopus Smartcard pioneered and majority owned by MTR,
provides electronic payment of fares for transport and other services in
Hong Kong. The service allows more efficient transactions and reduces the
need for cash handling.
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