Edward Ho, chairman of the Hong Kong Philharmonic Society, said, "Thanks to Swire's belief in our mission of achieving artistic excellence and maximizing the accessibility of great music, we will be able to realize the grand visions that Edo de Waart has for the Orchestra. As well as presenting concerts at the highest level, the Hong Kong Philharmonic will be able to bring classical music to a wider public."

Edo de Waart joined the HKPO as artistic director and chief conductor in fall of 2004; Timothy Calnin was named chief executive in June 2005. The sponsorship money, to be donated over the next three years, will allow the orchestra to include more large-scale symphonic works in its repertoire, as well as engage top caliber soloists.

Swire was founded in 1816; its interests include property development and management, airlines and aviation services, soft drink manufacturing, marine services, and trading and industrial activities.