Jockey Club Approves HK$3 Billion Donation for Life Sciences Hub in Northern Metropolis
AM730 · 1 SOURCESabout 3 hours ago2 MIN
Summary
The Hong Kong Jockey Club Charitable Trust Fund has conditionally approved a HK$3 billion donation to construct a Life and Health Technology Teaching and Research Building in the Hong Kong Park of the Hetao Area within the Northern Metropolis University Town. The 30,000-square-meter facility aligns with the nation's 15th Five-Year Plan and responds to Chief Executive John Lee Ka-chiu's Policy Address announcement on September 16, 2026. Jockey Club Chairman Liao Changjiang emphasized the organization's commitment to supporting Hong Kong's long-term prosperity during this pivotal historical moment.
Key Points
- The Hong Kong Jockey Club Charitable Trust Fund has conditionally approved a HK$3 billion donation for a Life and Health Technology Teaching and Research Building in the Hetao Area's Hong Kong Park .
- The building will provide over 30,000 square meters of floor area and serve as part of the Northern Metropolis University Town initiative .
- The donation responds directly to Chief Executive John Lee Ka-chiu's Policy Address delivered on September 16, 2026, which proposed constructing an integrated teaching and research complex in the Northern Metropolis .
- The facility aims to accelerate the transformation of health-sector innovations into practical solutions and cultivate research talent for societal benefit .
- Jockey Club Chairman Liao Changjiang highlighted that 2026 marks the beginning of the 15th Five-Year Plan and that the organization is honored to collaborate with the HKSAR Government .
Why It Matters
The Jockey Club's substantial investment demonstrates how public-private partnerships can advance Hong Kong's positioning as a global hub for scientific research and innovation talent, particularly in the health technology sector. This project will create critical infrastructure to support the Hetao Hong Kong Park's vision of attracting high-caliber international researchers and driving impactful scientific discoveries .
The Jockey Club's substantial investment demonstrates how public-private partnerships can advance Hong Kong's positioning as a global hub for scientific research and innovation talent, particularly in the health technology sector. This project will create critical infrastructure to support the Hetao Hong Kong Park's vision of attracting high-caliber international researchers and driving impactful scientific discoveries .