We are also keen to extend our global presence, especially in Europe. Our approach in Europe is to bid for train operating franchises involving both heavy rail and metro. We have an office in London working on franchising and business development in Europe.

In June 2007, our UK Joint Venture, MTRLaing, was awarded the concession to operate the new London Overground service in Greater London for seven years from 11 November 2007 with an option for a two-year extension.

London Overground is an semi-orbital route of five rail lines serving West, North and East London and will act as a crucial link for the 2012 Olympic Games. The total London Overground route network measures 107.2 km and under the franchise, MTRLaing will eventually manage 55 of the 78 stations on the network.