MTR CORPORATION (00066): Signing of the Northern Link (Part 2) Project Agreement in relation to the Northern Link

MTR CORPORATION (00066) announced that on 10 November 2026, the Company and the Secretary for Transport and Logistics (on behalf of the Government) entered into the project agreement in respect of Part 2 of the Northern Link, which is the project agreement relating to the financing arrangements, design, construction and completion of the Northern Link (Part 2) Project, as well as the pre-operational works, operation and maintenance of the entire Northern Link. The Government stated that the Northern Link project is an important strategic transport infrastructure that drives the development of the Northern Metropolis and helps Hong Kong better integrate into national development. It aligns with the National 15th Five-Year Plan Outline's call to accelerate the construction of the Northern Metropolis and promote the coordinated development of rail transport, and has been listed by the Government as a primary project in Hong Kong's first five-year plan. As the public transport backbone of the Northern Metropolis, the Northern Link not only enhances cross-boundary passenger capacity through seamless connection to the new Huanggang Port, but also unlocks land development potential, promotes technological and industrial innovation, and accelerates housing supply. In addition, the Northern Link will connect the East Rail Line and the Tuen Ma Line (both operated by the Company), forming a circular railway running through the New Territories and the Kowloon urban area, substantially enhancing the connectivity, resilience and operational flexibility of the railway network.