Electrical and Mechanical Services Trading Fund performance announced

     ‚ÄčThe 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, 2020
Issued at HKT 12:22