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Tuesday, October 07, 2008 - 4.51 GMT |
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BOI to establish US $ 5 million Technology
and Management Institute |
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A venture to establish a US $ 5 million
higher education institute which has
facilities to educate 1200 students was
approved by the Board of Investment (BOI)
last Wednesday. The institute will provide
higher education in Communication, Mass
Media, Business Management, Engineering and
Languages.
Mr. Dhammika Perera, Chairman / Director
General signed the agreements and formally
presented the BOI Certificate of
Registration, to Dr. Neville Fernando,
Chairman/President of South Asian Institute
of Technology and Management Company.
The project carried out by South Asian
Institute of Technology and Management
Company is an investment of US $ 5 million
and will generate employment for 50.
The venture will establish a higher
education institute for Technology and
Management studies at the IT Park, Malabe.
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