The Electrical and Mechanical Services Department (EMSD) today (October 30) announced the financial performance of the Electrical and Mechanical Services Trading Fund (EMSTF) in 2023-24, with total revenue of $9.281 billion and a return rate on revenue at 1.5 per cent.
 
     The Director of Electrical and Mechanical Services and General Manager of the EMSTF, Mr Poon Kwok-ying, said that the EMSTF continued to leverage innovation and technology (I&T) to provide quality electrical and mechanical (E&M) engineering services to client departments, foster Hong Kong's smart city development and strive towards carbon neutrality during the year. The EMSTF also supported the work in coping with extreme weather and emergencies to resume public services as soon as possible.
 
     Mr Poon said, "Looking ahead, the EMSD will continue to allocate resources to promote the application of I&T projects, and optimise operational and energy efficiencies of the E&M facilities. We will also conduct research in various aspects including climate change and I&T development, with a view to integrating into the national development as well as expanding collaboration with other countries."

     The EMSTF Report was tabled in the Legislative Council today and uploaded to the EMSD website (www.emsd.gov.hk/en/rl/EMSTF_AR_2324) for public reference.

Ends/Wednesday, October 30, 2024
Issued at HKT 15:00

NNNN