Korean loan for schools
Education Minister Bandula Gunawardena yesterday said Korea will
grant a US $ 49 million loan to Sri Lankan to set up IT laboratories in
schools developed under the 1,000 schools development project.
He said this at a ceremony at President's House to grant 3,000
teaching appointments to Information Technology graduates and College of
The Korean Education Minister had agreed to grant the loan at a
concessionary rate, he said.
The Korean government decided to grant the loan after the President's
visit to Korea, the minister said.