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Business Unit

Victor Li awarded the Grand Officer of the Order of the Star of Italy

Mr Victor TK Li, Chairman of CK Group, was bestowed the honour of Grand Officer of the Order of the Star of Italy by the President of the Italian Republic, H.E. Sergio Mattarella for his outstanding contributions to the Italian economy, and for his achievements in promoting friendly relations as well as in fostering business ties between Italy and Hong Kong. 

CK Group is one of the largest foreign investors in Italy. The Group has been investing in the country since 2003 with over 7,000 employees and businesses that include Wind Tre, an integrated communications company; Marionnaud, Europe’s leading perfumeries and cosmetics retailer; and ista, a leading fully integrated energy management services provider.

Mr Li Ka-shing, Senior Advisor of CK Group had been honoured with the Grand Officer of the Order of Merit of the Italian Republic in 2005.

Dual Fuel Standby Vessels to improve environment

Hongkong United Dockyards Limited (HUD) held a steel-cutting ceremony to mark the beginning of the construction of Hong Kong’s first-ever dual fuel standby vessels. The dual fuel vessels run on liquified natural gas (LNG) and marine gas oil. Harmful particulates used in traditional ships will be reduced by 80% by using this innovative vessel. They will support the operations of the first offshore LNG terminal in Hong Kong that will enable the city to be powered by cleaner fuel. Cleaner ships and cleaner power plants are a double win for Hong Kong!

It isn’t so hard for Sohar to go solar

There is plenty of sun in Oman and Hutchison Ports Sohar is harnessing its power for its new Solar Powered Integrated Inspection Facility Project. The US$30 million project will enhance inspection services and support Oman Customs with safe and efficient security measures as part of the Sultanate’s Oman Logistics Strategy. The inspection facilities will be spread across the 37,000 sqm of Terminal C and are expected to come online mid-2023. The use of solar power will reduce energy usage by about 5,000 tonnes of CO2 emissions a year. 

LKSF supports CUHK Biomedical Research

The COVID-19 pandemic has made clear the importance of medical and biotechnology research as essential for protecting the health of the public and strengthening the future of medicine. In light of this, the Li Ka Shing Foundation (LKSF) has recently gifted HK$150 million to the Faculty of Medicine at the Chinese University of Hong Kong (CUHK). It will be matched by an equivalent amount from the government for a total development fund of HK$300 million. The funds will support research and the development of biomedical technologies. Mr Li Ka-shing has been impressed in the past by CUHK’s commitment to strengthening research, pushing forward on new discoveries and enhancing medical services. He links this progress to that of Hong Kong as a city, stating that “ensuring a more humanistic and technologically innovative future of healthcare is critical to the economic vibrancy of our city”.

In addition, LKSF has donated HK$5 million to support the Hong Kong Academy of Nursing to expand its premises. The gift will target specialist training, allowing more nurses to pursue their professional development and raise the quality of healthcare in Hong Kong.

Final construction phase of Thailand’s Terminal D

Hutchison Ports Thailand has signed a contract with Nawarat Patanakarn Public Company Limited to move forward on the final construction phase of Terminal D at Laem Chabang Port. This phase will see the build-out of an additional stacking area for dry and reefer containers, additional automated trucking gate lanes, an engineering workshop and an administration building. In three years’ time, the port will be able to support the movement of up to 3.5 million TEU a year.

Superdrug delivers unique, super start-up products

Superdrug Marketplace will be the place to find unique products never-before-seen on the shelves of Superdrug. Innovative start-ups will be able to showcase and sell their products on the new online platform. Hundreds of start-up products are being introduced to customers through the new website, giving these savvy retailers a shot at becoming rising stars in their own right.

Northumbrian Water winner in innovation

Northumbrian Water has been awarded over £6 million in the second round of the Water Breakthrough Challenge, led by the UK’s water regulator, Ofwat. The funds will advance projects which will help to reduce leakage and enable innovation across the utilities sector. The award will flow to two separate projects: the National Leakage Research and Test Centre and Stream, an open data-sharing platform to improve collaborative research.


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