The South Korean government will invest US$ 104 million in the Ocean University of Sri Lanka to develop its Technical Training Centre. This was announced after Higher Education Minister Bandula Gunawardena met South Korean Ambassador Heon Lee and a group of senior officials from Korea’s Exim Bank this week. The Higher Education Ministry said preliminary [...]

Education

US$ 104 million Korean aid to develop Ocean University’s technical centre

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The South Korean government will invest US$ 104 million in the Ocean University of Sri Lanka to develop its Technical Training Centre.

This was announced after Higher Education Minister Bandula Gunawardena met South Korean Ambassador Heon Lee and a group of senior officials from Korea’s Exim Bank this week.

The Higher Education Ministry said preliminary discussions were held on the possibility of Exim Bank providing low-interest rate aid for education. It was also agreed to provide Korea’s assistance to promote Korean technical education in the country.

- SJ

 

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