Dr Cheng Yu-Tung, Chairman of New World Development Company Limited, generously donated HK$400 million to HKU in support of its campus development and the academic development and research of the Faculty of Law.  An official cheque presentation ceremony was held on March 19, 2008. 

Dr Cheng remarked, 'The relationship between me and HKU dates back to 1997, the time when I began supporting the Faculty of Medicine in the form of student scholarship.  Since then many Mainland medical professionals have been trained.  When I first knew that the University had embarked on building the Centennial Campus to meet its strategic development plans, I wanted to make my contribution to HKU so that the new campus could be built as scheduled.  As all of us know, the Faculty of Law of HKU was established 39 years ago and has fostered many outstanding lawyers.  I hope my donation can not only be beneficial for the future development of the Faculty of Law in nurturing local talents, but also contribute to the Rule of Law of our Country and to its prosperity.'  

In recognition of this generous gift from Dr Cheng, the University will name the building where the Faculty of Law will be located after the completion of the Centennial Campus the “Cheng Yu-Tung Building”.  Two other new buildings in the Centennial Campus, targeted for completion by 2011/2012, will house the Faculties of Arts and Social Sciences.