Hong Kong philanthropist donates US$ 40 m to UC Berkley

Hong Kong philanthropist donates US$ 40 m to UC Berkley: "Hong Kong philanthropist donates US$ 40 m to UC Berkley
Posted on : Mon, 27 Jun 2005 15:32:00 GMT | Author : Emma Price
News Category : Health

Hong Kong’s billionaire Li Ka Shing, through his philanthropy foundation, has donated US$ 40 million to the University of California at Berkeley as a grant towards research into stem cells and brain imaging technology.

“I am a firm believer in the spirit of public-private partnership, and I am excited by the advanced work Berkeley is undertaking. The work and research being done there will result in phenomenal benefits to mankind,” said Li Ka Shing.

The donation would go towards the US$ 160-million research center that the university has planned. According to sources, the center, whose construction would begin 2007 and be completed by 2009, would be christened Li Ka Shing Center for Biomedical and Health Sciences.
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