Hong Kong Salutes Technion

Hong Kong Salutes Technion

Guangdong Technion-Israel Institute of Technology to be inaugurated in Shantou next month

On Tuesday, November 21st, the “Technion, China and Israel – Partners in Innovation” gala event took place at the Hong Kong InterContinental Hotel attended by representatives of the Hong Kong SAR government, venture capitalists from Hong Kong and China, industrialists and academia.

Prof. Peretz Lavie

The aim of the event was to showcase Israeli high-tech industry; Technion’s central role in its development; the new UG-Technion Technology Fund, L.P.; and Israeli, Hong Kong, Chinese technology transfer partnerships. A video was screened presenting the new UG-Technion Technology Fund as a bridge between academia and industry, an alliance that focuses on identifying and turning innovative ideas into commercial products, which can impact our lives.

Technion President Prof. Peretz Lavie spoke about the Israeli high-tech world and Technion’s role as an engine driving Israeli and global innovation. Speakers included Nobel Laureate Aaron Ciechanover; Guangdong

Technion-Israel Institute of Technology President Li Jiange; Israel’s Consul General to Hong Kong, Ahuva Spieler; chairman of the Israel-Hong Kong Chamber of Commerce, Dr. Rafael Aharoni, BBS; General Partner of UG-Technion Partners, L.P. and co-founder of United Gain Capital, CY Lau, Technion’s partner in the new venture capital fund; and Associate Director-General of Investment Promotion, Invest Hong Kong, Charles Ng.

Distinguished Professor and Nobel Laureate Aaron Ciechanover

Ng spoke about the role of Hong Kong in the China’s Belt and Road Initiative (BRI), aimed at connecting China to Europe, the Middle East and Israel. The Li Ka Shing Foundation was represented by Mr. Frank Sixt.

CY Lau said, “If it’s a good product, we think China is the best place to launch:  a single country, a single language, a single advertising campaign, with a market coverage of 1.4 billion people.”

Guangdong Technion-Israel Institute of Technology (GTIIT) will be inaugurated next month in China in the city of Shantou. This is a historic partnership between Technion and the University of Shantou. The university was established with the support of the Guangdong Province, the Municipality of Shantou, the Chinese government, and the Li Ka Shing Foundation (LKSF). Nobel Laureate Aaron Ciechanover will lead the Institute as Vice Chancellor.