Labour Party's Kwok Wants Govt To Buy Back MTR

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2018-02-25 HKT 16:39

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  • The Labour Party chairman Steven Kwok (second left, front row). File photo: RTHK

    The Labour Party chairman Steven Kwok (second left, front row). File photo: RTHK

Labour Party Chairman Steven Kwok says the government should not give cash handouts to all local residents in the upcoming budget.

He said the fiscal surplus could be better spent on projects that address the SAR's social problems and will benefit people in the long term - such as buying back the MTR Corporation.

Kwok said the public is continually disappointed to see ticket prices on the MTR going up, despite the fact that the rail company makes a profit every year.

He said that buying back the railway would bring long-term benefits to the people of Hong Kong in the form of lower fares on the MTR.

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