Hong Kong's rail network mainly comprises public transport trains operated by the MTR Corporation Limited (MTRC).
Three years later, the British Section of the Kowloon–Canton Railway began its transition towards electrification, which changed it into a commuter rail, and eventually providing rapid transit-like service.
The two railway companies, MTR Corporation Limited and Kowloon-Canton Railway Corporation, merged their operations in 2007 to form a single rapid transit network, with the KCRC granting the MTRCL a service concession to operate their KCR network.
Including lines owned and most of which previously operated by the KCR Corporation, the MTR network for local service comprises 10 heavy rail lines with 97 railway stations[needs update] and one light rail network with 68 stops: This system makes about HK$2 billion in profit in 2014 which is mainly generated from its property holding and development business.
A high-speed rail link connects Hong Kong with Shenzhen and Guangzhou in mainland China.
This Regional Express Railway (RER) proposal was developed in the 1994 “Railway Development Study” (RDS); it foresaw a continual growth of Hong Kong's population over the next two decades and strong demand for cross-border passenger traffic.
[11] By 2002, the concept of “regional express” gained further development and the proposal was advanced to be a high-speed rail line.
[17][18][19] Apart from the XRL mentioned above, MTR's trainsets for the Guangdong service, namely Lok 2000 locomotives and its carriages the Ktt, are designed to be able to run at 200 kilometres per hour (120 mph) but do not operate at those speeds on the tracks of the East Rail.
There is an Automated People Mover (APM),[20] a driverless electric train service, which is located at the basement level of Terminal 1 of Hong Kong International Airport.