Re:Stockholm’s deepest subway station is also an ecological ...
by so33 on Saturday August 18, 2018 @12:40PM
(#17789268)
>it's worth noting that the Stockholm subway system is operated by MTR Corporation, a for-profit corporation based on Hong Kong
It’s also worth noting that the MTR Corporation is majority owned by the Hong Kong government and, at least in Hong Kong, operates on a strict SLA where they are fined for delays.
The reasons behind this poor efficiency are complex and no one really knows how to fix it.
Here is an interesting article on the NYC Subway System. It's obviously about one small slice of US infrastructure but the general story is the same.
https://www.nytimes.com/2017/11/18/nyregion/new-york-subway-...
A lack of spending is not the problem.
Also, incidentally, since you mentioned "privatise the profits", it's worth noting that the Stockholm subway system is operated by MTR Corporation, a for-profit corporation based on Hong Kong.