Li Ka-shing grants HK$170m to four universities for bio-medical and AI tech projectsLocal | 16 Sep 2020 5:04 pm
The Li Ka Shing Foundation is granting HK$170 million to four local universities at the same time for five projects aimed at improving Hong Kong’s competitiveness.
Foundation Chairman Li, described Hong Kong medics, scientists, researchers, and scholars as talented and compassionate and will continue to serve Hong Kong in a professional manner.
He said biomedical technology holds the key to all life challenges, and artificial intelligence applications will scale new heights in human capabilities.
Traditional generic programs cannot compete in the long run, and therefore the development of bio-economy and AI solutions in Hong Kong should start immediately.
Funds will go to the University of Hong Kong and the Chinese University of Hong Kong, as well as the the Hong Kong University of Science and Technology, and the Education University of Hong Kong, to foster innovation and spearhead efforts to advance educational excellence, the foundation said.
The foundation, said HK$100 million will go to establish the Cryo-electron Microscope Unit at the HKU Li Ka Shing Faculty of Medicine.
Transmission electron cryomicroscopy (Cryo-EM) was awarded the Nobel Prize in Chemistry in 2017 and ushers in a new era for biochemistry.
And HK$35 million is granted to improve the core facility at the Li Ka Shing Institute of Health Sciences with the installation of an advanced analytical system and mass spectrometer at the CUHK Faculty of Medicine to build the world’s foremost translational biomedical research platform.
Also, HK$30 million will go to support the launch of a new synthetic biology initiative at HKUST, which is a multidisciplinary effort calling on biologists, chemists, engineers, software developers, and others to collaborate on finding ways to understand how genetic parts work together, and then to combine them to produce useful applications to address today’s global challenges, the foundation explained.
Finally, HK$5 million is granted to foster cooperation between EdUHK and local designers, introducing innovative artificial intelligence educational solutions to improve student learning and quality teaching.
EdUHK will adopt Hong Kong’s first AI educational solution, offered by Kneron, the world’s top three provider of edge AI solutions, the foundation said.