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From the Editor's Desk - 16 Feb 2012

A move in the US attacking a reliable source of transit funding illustrates how critical it is to develop alternative pools of funding. The Hong Kong model of incorporating property development with MRT expansion is one that could be adopted more widely. MRT is one of the largest property landlords in Hong Kong, an income that contributes substantially to the system's operation and makes the transit corporation one of few in the world that operates at a profit.

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