Sri Lanka to build Faculty of Computing and Technology for Rs. 3 billion
Sri Lanka’s Government Information Department has stated that a contract to build a Faculty of Computing and Technology at the state owned University of Kelaniya at a cost of Rs. 3 billion has been awarded to Maga-ICC joint venture.
The Department has stated that the country’s Cabinet of Ministers had last week approved the proposal to award the building contract for Rs. 3,032.7 million without tax.
The faculty is part of an Asian Development Bank (ADB) funded programme to upgrade science and technology human resources in the country.
Sri Lanka is trying to improve the quality and employability of state university graduates, local media reports stated.
OSL take:
The government of Sri Lanka is focused on developing the county’s ICT sector and the required digital infrastructure. Globally, it is the ICT sector that shows the potential for rapid growth in economies that are on the revival path following the Covid 19 global pandemic. Given Sri Lanka’s keen interest in the ICT and digital infrastructure development sectors, there are many business/investment opportunities for foreign businesses/investors in the island.
| Article Code : | VBS/AT/21072020/Z_8 |