- POSTED: 09 Jun 2014 19:31
- UPDATED: 09 Jun 2014 23:32
Billionaire-businessman Peter Lim gives the Nanyang Technological University S$3 million for a new professorship in peace studies. The Government has matched the donation dollar-for-dollar.
SINGAPORE: Fresh off his purchase of Spanish football club Valencia, Singapore billionaire Peter Lim has donated S$3 million to the Nanyang Technological University (NTU) for a new professorship in peace studies.
NTU announced on Monday (June 9) that the Peter Lim Professorship in Peace Studies will be based at the S. Rajaratnam School of International Studies (RSIS).
The university says it will help fund a top global expert who can lead the development of RSIS' peace studies curriculum and research strategies as part of the school's new Studies in Inter-Religious Relations in Plural Societies (SRP) programme, launched on the same day.
The Singapore Government will match the gift dollar-for-dollar, bringing the endowment to S$6 million in total.
Mr Lim was not present at the cheque presentation ceremony, which was witnessed by President and NTU Chancellor, Dr Tony Tan Keng Yam.
The businessman was quoted in an NTU statement, saying he hopes the endowment will bring Singapore peace and harmony.
"We have enjoyed decades of peace because of the harmonious relations amongst Singapore's different communities. But the world's many conflicts remind us that we cannot take this peace for granted. I hope that my donation can bring together distinguished scholars and thought leaders to study how we can be one step closer to protecting and promoting the harmony in our country," Mr Lim said.