The last financial year was a good one for the Electrical & Mechanical Services Trading Fund which saw total revenue of $3.189 billion, representing a 10.3% return.

New contracts were secured during the year mainly due to increased client activities in an economic upswing. Most service level agreements had been renewed, some at much longer durations than before.

The Trading Fund's General Manager and Director of Electrical & Mechanical Services Roger Lai said the fund has built up a solid framework for continuous improvement. He said the key achievement of the year was winning the gold prize in the 2006 Hong Kong Management Association Quality Award, fulfilling a pledge in the Government's Policy Agenda for 2005-06.

Hong Kong successfully held the WTO Ministerial Conference last December. As project manager for all the information and communication technology systems and facilities at the conference, the fund served thousands of international delegates well.

It also continued its successful association with the A Symphony of Lights show in design and project management. The two projects have won the praise of the client departments and proved the fund's capabilities in managing large-scale, complex events.

Another achievement was the launch of the Corporate Computer System. This new Enterprise Resource System will boost its productivity and management capabilities considerably.