Cheung Kong Infrastructure: technology projects add zest

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.