Hong Kong tycoon Li Ka-shing has made a HK$500 million (US$64.1 million) donation to a local university to build the city’s first synthetic biology institute. The billionaire says ‘synthetic biology and DNA are the technological engines of this century’.
The research facility – to be called the Li Ka Shing Institute of Synthetic Biology – will be established at the Hong Kong University of Science and Technology (HKUST) in Sai Kung. A spokesman for the university said the institute would provide advanced facilities for the world’s top scholars, bidding to make Hong Kong a global pioneer in biotechnology.
It is great to see Hong Kong very rich putting back into the community. This type of philanthropy should be applauded.
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