Hong Kong tycoon donates £1m to Garden Bridge


A Hong Kong based tycoon has donated £1 million to London’s Garden Bridge project, it was revealed today.

Victor Lo, the chairman and chief executive of Gold Peak Industries, was among the names of donors disclosed under freedom of information requests.

Fashion house Burberry has given £250,000 towards the £175 million Thames crossing which is set to become a unique attraction. The Garden Bridge Trust needs to raise another £52 million to deliver the horticultural oasis designed by Thomas Heatherwick.

Theresa May’s new government backed the scheme last week and said it would continue to underwrite the £175 million River Thames crossing.

But ministers have refused a request from the Garden Bridge Trust to increase the level of underwriting “insurance” from £9 million to £15 million, leaving the trustees under pressure to keep fund raising to schedule.

The author: Michel THEYS

Michel Theys, a Belgian native, began his career as a civil servant, serving the public for several decades. After retirement, he shifted gears to follow his passion for journalism. With a background in public administration, Theys brought a unique perspective to his reporting. His insightful articles, covering a wide array of topics, swiftly gained recognition. Today, Michel Theys is a respected journalist known for his balanced and thoughtful reporting in the Belgian media landscape.

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