Year 2000 will be remembered as a bumper period for Cheung Kong Infrastructure 1038 in terms of new investments and new joint ventures. Of these, the most interesting and most likely to act as a future growth impetus for the company are the technology-related joint ventures with Israel-based On Track Innovations OTI and Canada-based Stuart Energy T.HHO. OTI is involved in contactless smart card technology while Stuart Energy has a patent to produce hydrogen fuel that is deemed a much better alternative to petroleum and fossil fuels.
It has always been our practice to try to integrate high technology into our core businesses, said Ivan Chan, senior manager of Planning Investment for Cheung...