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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Source: The Algemeiner


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