Technion gets $130 million grant to set up in China›
The Li Ka Shing Foundation (LKSF) has given a $130 million grant to the Technion–Israel Institute of Technology for the establishment of a new academic technological institute in China.
The Technion and Shantou University will join forces to set up the Technion Guangdong Institute of Technology (TGIT) which will focus on the fields of engineering, science and life sciences.
Chinese billionaire Li Ka Shing, chairman of the Hutchison Whampoa corporation, is behind the largest ever donation to the Technion and one of the most generous in the history of Israeli higher education.
The grant money will also strengthen the Technion’s home campus in Haifa, for the benefit of its students and researchers.
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