Friday, October 10, 2008

Knowledge city at Henegama, Gampaha

The Public Private Partnership Unit of the BOI arranged an interactive meeting recently on the ‘Knowledge City’ at Henegama, Gampaha District. This meeting was arranged with the representatives of the education sector, construction sector and financial institutions. Ms. Pauline Matthias, Executive Director (Finance) & Head of the PPP Unit of the BOI made a presentation.

The proposed Knowledge City Henegama will be developed on public private partnership basis where the development of the infrastructure will be carried out by a selected developer on Design, Finance, Built and Operate Basis (DFBO basis). It is proposed that international and local educational institutes will locate their facilities at this city thereby catering to the tertiary education in Sri Lanka. Statistics reveal that there is a huge scope for commercial run educational institutes who can award foreign degrees with the affiliation of recognized foreign universities. It is also expected that this ‘Knowledge City’ will attract foreign students from abroad, such as Maldives and India.

The location selected is a 122 acre land plot belonging to the BOI situated 33 kms from the Colombo City having access through the Kandy-Balummahara Junction. The BOI propose to carry out a bidding process to select the developer through an international bidding process. The estimated investment is around US$ 75 Million. The self contained city is envisaged to have common library facilities, sports grounds, gym, health care facilities, food courts, hostels, super markers and residential units.

BOI’s vision is that the ‘Knowledge City’ Henegama will be a destination of education and position Sri Lanka as a centre of excellence for learning and innovation.

nterested parties could contact Ms. Christine Kuruppumulege on 2427232 or e-mail for further information.

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