Our activities are closely knitted to public concern. In 2004, we implemented a series of measures to combat the worrying rise of mosquito breeding in construction sites. We continue to re-engineer our department to reflect better our integrated approach in sustainable development.

Our efforts have not gone unnoticed. We are honoured to receive the Best Developer Award, a territory-wide event organised by industry associations; and a number of our projects won recognition at the Hong Kong Institute of Architects Annual Awards 2004. You can read about our awarded projects in "Sustainability in Practice - Case Studies"

I am happy to report that we have met most of our quality environmental, health and safety targets last year. But we anticipate a challenging future as we juggle environmentally sound solutions, stakeholders’ rising expectations and limited financial resources. Please let us know your views via the Feedback Form provided.

This report has been prepared in accordance with the 2002 GRI Guidelines. It represents a balanced and reasonable presentation of our organisation's economic, environmental and social performance.

I am most delighted to announce that our Sustainability Report 2005 is the first Public Agency report world wide to achieve full "in accordance" with Global Reporting Initiative Guidelines 2002, as confirmed by GRI on 21 Dec. 2005.