Hangzhou Metro Line 5
Hangzhou MTR Line 5 Corporation Limited, a joint venture of MTR Corporation (60% shareholding) and Hangzhou Metro Group, is responsible for investment and construction for electrical and mechanical systems as well as the operations and maintenance of the Hangzhou Metro Line 5 (HZL5) for 25 years after full line opens.
On 26 June 2017, the MTR Corporation signed a Concession Agreement with the Hangzhou Municipal Government and Hangzhou Metro Group for the Hangzhou Metro Line 5 Public Private Partnership (PPP) project.
The 56.2 km HZL5 is an underground metro line running from Xiaoshan District to Yuhang District with a total of 40 stations. The initial section of HZL5 opened in June 2019 and the latter section commenced operations in April 2020.