Jockey Club closes fourth Philanthropy for Better Cities Forum, launches Commission on Asian Philanthropy

HONG KONG, Sept. 10, 2024 /PRNewswire/ -- The Hong Kong Jockey Club wrapped up its fourth and largest Philanthropy for Better Cities (PBC) Forum at West Kowloon Cultural District today (10 September). Nearly 100 eminent speakers and more than 2,000 delegates from 40 countries and regions joined the two-day event, including representatives of over 200 local, regional and global foundations. The PBC was convened by The Hong Kong Jockey Club's Charities Trust in association with the Institute of Philanthropy (IoP), a charitable organisation established by the Club and its Trust at the opening of the third PBC in September last year.

At the forum today, the launch of the Commission on Asian Philanthropy was announced in the first plenary session. The commission brings together influential philanthropic organisations as founding commissioners, including the China Soong Ching Ling Foundation, The Hong Kong Jockey Club Charities Trust, IDEAS Dompet Dhuafa Republika, King Khalid Foundation, The Nippon Foundation, Piramal Foundation, Rainmatter Foundation, Tanoto Foundation, Tata Consultancy Services and Tencent Charity Foundation. As a three-year initiative co-convened by IoP and the Asia Philanthropy Congress ("APHIC"), the commission will define the scope and opportunity of Asian philanthropy and establish an "in Asia, for Asia" ecosystem to advance the professionalisation of the philanthropic sector in the region and unleash Asian philanthropy's full potential for social good.

Winfried Engelbrecht-Bresges, the Club's CEO and IoP Director, delivered the forum's closing address, echoing insights from forum speakers and underlining the importance of the Commission on Asian Philanthropy. "To fully leverage the collaborative power of philanthropy in Asia, this morning we launched the Commission on Asian Philanthropy. Convened by IoP and the Asia Philanthropy Congress and bringing 10 leading Asian foundations together, it aims to build an "in Asia, for Asia" ecosystem and to expand the capacity of Asian practitioners. Crucially, it is committed to staying plural. There will be no one-size-fits-all. Rather, the intention is to learn from, and share, the rich diversity of Asian philanthropy."

The overarching theme of PBC 2024 was "Delivering impactful philanthropy in the real world". As an aid to discussions, the IoP shared two specially commissioned reports: "Examining Trust and Measurement in Asian Philanthropy," a joint publication by IoP and McKinsey & Company; and "High-Impact Philanthropy: Giving Better across Asia and the World," produced by the Bridgespan Group. IoP also shared a special supplement on impact measurement produced in collaboration with the Stanford Social Innovation Review.

The forum's first plenary session today was entitled "Launch of the Commission on Asian Philanthropy: The Asian Way of Giving: Unleashing the power of Asian philanthropy for a sustainable future." It featured a panel discussion between Her Highness Princess Nouf bint Muhammad AlSaud, CEO of King Khalid Foundation; Ichiro Kabasawa, Executive Director of The Nippon Foundation; Dr Gabriel Leung, the Club's Executive Director of Charities and Community and IoP Director; Haryo Mojopahit, Managing Director of IDEAS Dompet Dhuafa Republika; Aditya Natraj, CEO of Piramal Foundation; and Beili Shen, Vice Chairperson of China Soong Ching Ling Foundation. They explored emerging trends, opportunities, and pathways to further the professionalisation of Asian philanthropy and pave the way for enduring action and transformative change.

The forum's closing plenary featured a panel discussion on how investing in arts and sports yields a high social return on investment. It featured Dustin Lance Black, 2009 Oscar winner (Best Original Screenplay), American Screenwriter, Director and Producer; Tom Daley, gold medal-winning Olympic diver; Vincent Ho, 2023 LONGINES International Jockeys' Champion, Jockey, The Hong Kong Jockey Club; and Ruby Yang, 2007 Oscar winner (Documentary Short Subject), Director of the Journalism and Media Studies Centre, The University of Hong Kong. The session was moderated by Trisha Leahy, Member of Project MuSE Advisory Committee of The Hong Kong Jockey Club and former Chief Executive of the Hong Kong Sports Institute.

Tomorrow (11 September), the IoP will convene its flagship Foundations Circle to foster dialogue, knowledge-sharing, learning and collaboration. With more than 55 global philanthropic organisations due to convene at the event this year, it is in line with the Government's mission to promote the city as an international philanthropy hub. Rounding out Hong Kong Philanthropy Week, the Hong Kong Academy for Wealth Legacy will host a three-day summit from Thursday to Saturday.

The Club's support for the PBC Forum, like all of its charity and community initiatives, is made possible by its unique integrated business model through which racing and wagering generate tax contributions, charity support and employment opportunities for the community. 

The Hong Kong Jockey Club 

Founded in 1884, The Hong Kong Jockey Club is a world-class racing club that acts continuously for the betterment of our society. The Club has a unique integrated business model comprising racing and racecourse entertainment, a membership club, responsible sports wagering and lottery, and charities and community contribution. Through this model, the Club generates economic and social value for the community and supports the HKSAR Government in combatting illegal gambling. In 2023/24, the Club returned a total of HK$40.1 billion to the community. This included HK$29.9 billion to the HKSAR Government in duty, profits tax and Lotteries Fund contributions and HK$10.2 billion in approved charity donations. The Club is Hong Kong's largest single taxpayer and one of the city's major employers. Its Charities Trust is one of the world's leading charity donors. Please visit www.hkjc.com.

Institute of Philanthropy

The Institute of Philanthropy was established in September 2023 through a strategic seed grant of HK$6.8 billion (US$870 million) from The Hong Kong Jockey Club and its Charities Trust. Established as an independent "think-fund-do" tank for China and Asia, IoP is dedicated to promoting philanthropic thought leadership and enhancing sector capabilities at local, regional and global levels in collaboration with fellow funders. It seeks to provide an Asia-based platform bringing global stakeholders together to promote the betterment of societies everywhere.

Photos can be downloaded from the website of The Hong Kong Jockey Club (www.hkjc.com/english/corporate/corp_news.asp).

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Jockey Club closes fourth Philanthropy for Better Cities Forum, launches Commission on Asian Philanthropy

Jockey Club closes fourth Philanthropy for Better Cities Forum, launches Commission on Asian Philanthropy

Jockey Club closes fourth Philanthropy for Better Cities Forum, launches Commission on Asian Philanthropy

Jockey Club closes fourth Philanthropy for Better Cities Forum, launches Commission on Asian Philanthropy

Jockey Club closes fourth Philanthropy for Better Cities Forum, launches Commission on Asian Philanthropy

Jockey Club closes fourth Philanthropy for Better Cities Forum, launches Commission on Asian Philanthropy

Jockey Club closes fourth Philanthropy for Better Cities Forum, launches Commission on Asian Philanthropy

Jockey Club closes fourth Philanthropy for Better Cities Forum, launches Commission on Asian Philanthropy

Jockey Club closes fourth Philanthropy for Better Cities Forum, launches Commission on Asian Philanthropy

New Development to Accommodate 180 Yachts, Including Vessels up to 90 Meters

JAKARTA, Indonesia, Oct. 14, 2024 /PRNewswire/ -- PT Marina Development Indonesia (MDI) and Pelindo are excited to announce the groundbreaking of Indonesia's first international-standard full service marina. This milestone project represents a significant leap forward in the country's maritime tourism and infrastructure. The marina will be able to accommodate 180 wet berth, including more than 50 superyachts up to 90 meters in length. It will have a modern yacht service area equipped with a travel lift capable of handling up to 200 tons and a high-quality fuelling station. The development is poised to deliver world-class facilities, further positioning Indonesia as a premier destination for maritime activities.

"Indonesia deserves a first-class marina that reflects its status as the new yachting paradise of the world," said Ulf Backlund, President Director of Marina Development Indonesia. "Indonesia's distinctive location, safely positioned outside hurricane and typhoon paths, combined with its 17,000 islands, spectacular diving locations, diverse languages, cultures, and favourable weather all year long, makes Indonesia the ideal location for such a development. This marina will attract global yachting enthusiasts and open up for exploring Indonesia's natural beauty in the biggest archipelago in the world."

The new marina, strategically located in the Bali Maritime Tourism Hub (BMTH) in Benoa, just 15 minutes from the airport, is set to become the region's premier yachting hub, serving both international and domestic yacht owners. 

The marina's design and facilities will adhere to the highest international standards, focusing on sustainability and environmental preservation. Yacht owners and visitors can look forward to an array of premium amenities, including a prestigious yacht club, modern yacht service station, fuelling station, offices and dining outlets. luxury hospitality options, entertainment and commercial areas with extensive retail.

"The new marina in Bali embodies our vision to position Indonesia as a key player in the global maritime industry, combining luxury experience, services, safe and world-class infrastructure," said Arif Suhartono, President Director Pelindo.

 "The marina will not only attract international yacht owners but also provide an exceptional home base for domestic vessels, contributing to the growth of Indonesia's tourism and economic sectors," added Joko Noerhudha, President Director Pelindo Solusi Logistik.

Most notably, the new marina in Benoa is a key initiative in stimulating local economies by creating employment opportunities, promoting tourism, and cultivating a lively yachting community. With construction already underway, the new marina is scheduled to welcome yachts to the first dock second half of 2025. Full yacht capacity is planned to be in place by mid 2026.

About Marina Development Indonesia
Marina Development Indonesia (MDI) specializes in transforming waterfronts into world-class marina destinations. MDI offers comprehensive services across Indonesia, including marina development, operations, and consultancy. With a team of local and international experts, the company is dedicated to supporting Indonesia as a premier yachting destination. MDI partners with top international marina developers like SF Marina, Plus Marine and Discover Luxury Indonesia, which focus on creating safe, exclusive marina environments that provide strong investment returns. www.marina-development.com

About PT Pelabuhan Indonesia
PT Pelabuhan Indonesia (Persero), commonly known as Pelindo, is a state-owned enterprise that oversees and manages ports throughout Indonesia. It offers detailed information on port services, logistics, and infrastructure development, aiming to foster maritime trade and support the country's economic growth. www.pelindo.co.id

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

PT Marina Development Indonesia and Pelindo have signed a contract for Indonesia's First Full-Service Yacht Marina with International Standard