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Source: Hong Kong Government special administrative region

Electrical and Mechanical Services Trading Fund performance announced
Electrical and Mechanical Services Trading Fund performance announced
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     ​The Electrical and Mechanical Services Department (EMSD) announced today (October 28) that the Electrical and Mechanical Services Trading Fund (EMSTF) had another year of steady performance in 2019-20, with a total revenue of $8.087 billion and a return rate on revenue at 6.2 per cent.           The Acting Director of Electrical and Mechanical Services and General Manager of the EMSTF, Mr Pang Yiu-hung, said the EMSTF did its utmost to support the daily operation of client departments during the epidemic through the provision of comprehensive electrical and mechanical (E&M) engineering services.           “As one of the Government’s innovation facilitators, we continued to collaborate with start-ups, universities and research institutions through different channels, including the E&M InnoPortal, with the aim of facilitating innovation in Hong Kong’s E&M sector,” he said.           The EMSTF Report was tabled in the Legislative Council today and uploaded to the EMSD website (www.emsd.gov.hk/en/rl/EMSTF_AR_1920) for public reference.

 
Ends/Wednesday, October 28, 2020Issued at HKT 12:22

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