President Mahinda Rajapaksa made an inspection tour of the construction site of the “Knowledge Park” being erected in Pettah yesterday (Aug 6) morning, which will be used as a centre for the establishment of knowledge-based industries.
The construction work is being carried out on the 25 acre land of the former Tripoli Market. The first phase of the construction has been completed covering a 12 acre area. The project was launched on the directives of Defence and Urban Development Ministry Secretary Gotabhaya Rajapaksa. The complete cost is estimated to be around 7 million US dollars.
Under the Mahinda Chinthana future vision, it is envisaged to make Sri Lanka a knowledge hub in Asia. The government expects to earn a revenue of one thousand million US dollars from the information sector by the year 2016. In order to achieve this target the knowledge park complex will also be developed as a city consisting business research institutions.
The Kodijane International Private Company Limited which is an information technology company that supplies software solutions for the international tourism industry opened its new office in the knowledge park recently. The President also inspected this institution. He held discussions with the project officers and also inspected the future plans of the park. During his visit, the President also held discussions with the business community who are interested in investing in the knowledge park.
Secretary to the President Lalith Weeratunga, Defence and Urban Development Ministry Secretary Gotabhaya Rajapaksa, Transport Ministry Secretary Dhammika Perera and Urban Development Authority Chairman Nimal Perera were also present on the occasion.