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Electrical and Mechanical Services Trading Fund performance announced
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     The Electrical and Mechanical Services Department (EMSD) today (October 25) announced the financial performance of the Electrical and Mechanical Services Trading Fund (EMSTF) in 2022-23, with total revenue of $8.911 billion and a return rate on revenue at 2.6 per cent.
 
     The Director of Electrical and Mechanical Services and General Manager of the EMSTF, Mr Eric Pang, said that the EMSTF provided quality electrical and mechanical (E&M) engineering services to client departments during the year, supported the Government in mitigating the impact of the epidemic and prepared society for full resumption to normalcy.
 
     "We have been proactively adopting innovation and technology to streamline workflows and enhance E&M services, expanding collaborations with the Mainland and the world, and striving to uplift energy efficiency standards to expedite Hong Kong's progress towards carbon neutrality," 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_2223) for public reference.
 
Ends/Wednesday, October 25, 2023
Issued at HKT 14:00
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