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September 30, 2013 8:26 am
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Technion Wins Record $130 Million Grant to Build Chinese JV, Technion Guangdong Institute of Technology

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Technion Institute for Science in Haifa, Israel. Photo: WikiCommons.

Jerusalem Post – The Technion-Israel Institute of Technology on Sunday received a $130 million grant to build an academy called the Technion Guangdong Institute of Technology as a joint venture with China’s Shantou University.

The grant, from the Li Ka Shing Foundation, includes profits from the foundation’s 2011 investment in Israeli mobile app Waze. The grant is the largest in the Technion’s history, and among the largest ever for Israeli higher education.

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