Korea to provide US$ 2.5 mn for Ocean University | Daily News


Korea to provide US$ 2.5 mn for Ocean University

The Korea International Cooperation Agency (KOICA) will provide US$ 2.5 million for the development of the Ocean University of Sri Lanka.

A discussion in this regard was held at the Higher Education, Technology and Innovation Ministrywith Minister Dr. Bandula Gunawardena.

This project includes a master plan for the upgrading the Ocean University and capacity building programme for academics and government officials of Sri Lanka.

Since Sri Lanka is striving for development in the maritime sector and to become the maritime hub in the South Asia, this project can be considered as a significant mile stone in the country’s development path.

Koica has also assisted Sri Lanka in numerous development projects previously as well.

The meeting was attended by MP Namal Rajapaksa, Higher Education,Technology and Innovation Ministry Secretary D.M.A.R.B. Dissanayake, KOICA representatives and Ocean University officials.

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