Huge Chinese donation to Technion
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A Chinese foundation donated $130 million to Israel’s Technion institute, the Israeli university’s largest-ever donation.
The Li Ka Shing Foundation announced the donation on Sept. 29 to the Technion Israel Institute of Technology in Haifa.
Along with benefiting Technion students and researchers, the funds will be used to establish the Technion Guangdong Institute of Technology in China, according to Technion.
Guangdong Province and Shantou Municipal Government also will contribute $147 million to fund construction and initial operations of the Technion Guangdong Institute, as well as provide land for the campus.
The Technion Guangdong Institute will begin offering undergraduate programs in civil and environmental engineering and computer sciences in the 2014 academic year. — jta
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