Construction Sector Methods Need Review: MTR Head

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1442507_1_20190212180449.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1442507-20190212.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1442507-20190212.htm', 'DCS.dcsqry', '' ); } } }); }); });

2019-02-12 HKT 18:34

Share this story

facebook

  • Construction sector methods need review: MTR head

The outgoing chairman of the MTR Corporation, Frederick Ma, said on Tuesday that poor documentation in construction projects seems to be an industry-wide problem and he called on the sector to review its practices.

He was commenting on reports that a contractor failed to submit on time building and inspection records for the Hong Kong-Zhuhai-Macau Bridge.

The rail operator is facing allegations of lax supervision at its Hung Hom Station for the Central-Shatin Link where lots of records have also gone missing.

“The industry itself also has to review its practices. I’m not defending the MTR," he said.

"The MTR definitely has not done right. But the fact that it has also happened in other construction companies which are reputable shocked me,” he said.

Ma refused to say whether the head of Lingnan University’s council, Rex Auyeung, would succeed him as MTR chairman.

But he said whoever takes over as MTR head will face challenges, as it will take time to restore public confidence in the rail operator after a series of construction scandals.

“We have done a lot, but perception is reality. No matter what we do, it doesn’t matter. It is the perception and it takes time to change the perception,” he said.

“To have a new chairman and a new CEO is a good thing for the corporation,” he said.

RECENT NEWS

OCBC Plans Hong Kong Wealth Expansion With Up To 50 New Bankers

OCBC is expending its wealth management team in Hong Kong by 30% this year to meet growing regional demand for investme... Read more

Hana Financial To Acquire US$669M Stake In Dunamu, Deepening Crypto Push

Hana Financial Group has agreed to acquire a 6.55% stake in digital asset operator Dunamu. The transaction is valued at... Read more

Reap And TerraPay Partner To Expand Cross-Border Payouts Via Local Payment Rails

Reap has partnered with TerraPay to expand its cross-border payout network using domestic clearing systems. The integra... Read more

Tencent Fintech And Cloud Services Lift Q1 2026 Revenue 9% To US$8.68 Billion

Tencent reported a 9% increase in revenue from its fintech and business services division for the first quarter of 2026... Read more

Ant Group Profit Falls An Estimated 79% As AI And Payments Spending Rises

Ant Group saw an estimated 79% decline in quarterly profit as the company accelerates its spending on AI, large languag... Read more

Alibabas Cloud Revenue Jumps 40% As AI Investments Pressure Profitability

Alibaba Group has released its financial results for the quarter and fiscal year ending 31 March 2026, reporting a 3% a... Read more