Connect with us

Business

MAGA wins contract to build Technology Faculty of Rajarata University

Published

on

MAGA has been awarded the contract for the design and construction of a Faculty of Technology at the Rajarata University of Sri Lanka (RUSL) in Mihintale, Anuradhapura.

The new faculty estimated to cost  approximately LKR 3 Billion will be developed on a 2-acre land and feature an 800-seat capacity auditorium, a large 3-storey library, multiple lecture halls, flexible learning spaces, state-of-the-art laboratories, meeting rooms, common areas, collaborative student spaces, service outlets, and a dedicated industry collaboration cell.

The construction of the new faculty comes under the government’s Science and Technology Human Resource Development (STHRD) project, which is implemented with funding from the Asian Development Bank (ADB). The project aims to increase the technology-oriented workforce via establishment of industry-relevant technology education and research facilities, and support for curriculum development, staffing, and capacity improvement.

Once completed, the faculty will house five departments including Bio-Process Technology, Materials Technology, and Information & Communication Technology (ICT), and will offer a number of industry-focused, practical-oriented degree programmes that prepare undergraduates for careers in the Science, Technology, Engineering, and Mathematics (STEM) fields. Establishment of such a faculty will also generate new employment opportunities and simultaneously contribute to skill development in key sectors of the Sri Lankan economy.

The faculty is designed in partnership with design subcontractor Engineering Consultants Limited (ECL), one of the largest multi-disciplinary consulting companies in Sri Lanka. The design will retain Rajarata University’s unique architectural style, merging its colonial and traditional architectural features within a sustainable and green learning environment. A domed greenhouse will make up the centerpiece of the new faculty, not only setting the tone for a green campus, but also forming an integral component of the biosystems wing of the campus and providing space for bioprocess technology research and experiments.

Maga Engineering is Sri Lanka’s largest construction company and a key partner in developing the nation’s educational infrastructure. Since inception, MAGA has been involved in over 30 projects in the education sector, building two National Colleges of Education and several universities and faculties, including South Asia’s first green university; the Faculty of Technology of University of Sri Jayewardenepura; and the Faculty of Computing and Technology of University of Kelaniya.



Business

ESOFT Metro Campus holds Graduation Ceremony 2021

Published

on

Dr. Dayan Rajapakse – Chairman and Managing Director of the ESOFT Group (Right) presenting a certificate to a graduate

The Annual Graduation Ceremony of ESOFT Metro Campus was held at the Bandaranaike International Memorial Hall (BMICH) on the 23rd and 24th of November 2021. A total of 1,800 students graduated at this year’s event. Successful students received their Pearson BTEC Higher National Diplomas, Pearson Level 7 Qualifications, London Metropolitan University (UK) Degrees and MBA’s, Kingston University (UK) Degrees and MSc’s.

It was held across two days and split into 9 sessions, to be in full compliance with health guidelines. In addition to the conferring of degrees, batch tops were awarded gold medals and special awards were made to the top achievers of the programmes.

Keynote addresses were by an eminent group of academics and industry leaders including Mr. Conard Dias CEO, LOLC Finance PLC, Mr. Thushera Kawdawatta – CEO, Axiata Digital Labs, Dr. Dayan Rajapakse – Chairman and Managing Director of the ESOFT Group, Dr. Sampath Wahala – Chairman, Sri Lanka Accreditation Board, Mr. Tishan Subasinghe – Managing Director and joint Managing Partner Moore Stephens Consulting (Pvt) Ltd and Moore Stephens Aiyar, Prof. A.A.C Abeysinghe – M.Phil. PhD Programme Coordinator, Senior Lecturer Faculty of Management & Finance, University of Colombo.

Foreign delegates from the University Partners were present virtually and delivered their speeches and wishes for the graduates via video. The Virtusa careers team were also present on both days in order to provide career opportunities to the young and successful graduates. ESOFT prides itself in producing graduates who are work-ready and able to take on the challenges and opportunities presented by the new economy.

ESOFT has a rich history of 21 years and is the largest private sector higher education network in Sri Lanka, and offers a variety of programmes through an extensive island-wide network of over 40 branches and serves over 40,000 learners each year in a range of programmes from school leaver courses to postgraduate programmes.

ESOFT partnered with Kingston University London in 2012 to offer undergraduate and postgraduate qualifications in engineering and soon established a dedicated College of Engineering in Katubedda. In 2013, they partnered with London Metropolitan University to offer a range of programmes leading to undergraduate and postgraduate awards in Computing, Business, Hospitality, and Travel & Tourism. A range of MSc programmes in IT and an International Doctoral programme for IT, Science and Engineering research areas, has also been introduced via Kingston University.

The ESOFT Group has won local and international awards from Pearson (UK), BCS (UK), NBQSA, National Chamber of Commerce, Federation of Chambers of Commerce of Sri Lanka in recognition of their academic excellence and business performance. Their pinnacle accomplishment was to be recognized by the Sri Lankan Government as a Non-state Degree Awarding Institution in 2019.

Continue Reading

Business

Coconut industry products raking in forex to the tune of $ 7000 yearly – State Minister

Published

on

By Steve A. Morrell

Earnings from exporting coconut products amounted to $ 7000 annually. Such exports include jaggery and treacle, which are key products relating to the coconut industry, State Minister of Coconut, Kithul and Palmyrah Cultivation Promotion Arundika Fernando said.

Although coconut, as part of the plantation industry, was not given due recognition, it was now a distinct contributor to forex earnings and was of significant importance to the economy of the country, Fernando said.

The State Minister added: “Development of the coconut plantations includes value addition promotion to its various products, which are now key to sustaining the coconut plantations.

“Such development included propagation of 600,000 nursery plants for distribution among smallholders and large-scale plantations to add further progress to the industry. As a result, the coconut industry is part of the mainstream economy.

“The coconut industry made a substantial financial contribution to the economy of the country. Value addition in all products was key to development. Coconut products, used extensively in allied local industries, were contributors to value addition. This is efficiently handled by the private sector.

“Collaboration with the Jaffna University was on-going to develop kitul and palmyrah.

“Soil testing and further inputs were envisaged for development.

“Export markets would include Europe, Canada and the US. This is particularly true of kitul treacle and jaggery. Value of these exports would reach approximately $ 2 million.”

Continue Reading

Business

INSEE Cement’s 360-Degree Approach Eases Cement Shortage in Sri Lanka

Published

on

Operating at maximum production capacity with optimized distribution channels for a number of weeks, INSEE Cement has successfully helped to mitigate the cement shortage that was prevailing in the local market. INSEE Cement’s concentrated and immediate contingency measures across its entire operation at the onset of the shortage ensured an uninterrupted market supply of cement, while also logging a record-high 700,000 MT production output during the third quarter of 2021 for the company.

“As Sri Lanka’s leading cement manufacturer, INSEE Cement took on the responsibility to ensure the local construction industry’s post-COVID-19 revival remained on its trajectory,” stated Gustavo Navarro, Chief Executive Officer at INSEE Cement Sri Lanka. “We continued to fully support government regulations and industrial policies to first stabilize the market, and were able to deploy our island-wide distribution and dealership network to ensure an uninterrupted supply across the island. The loyalty and patience of our customers gave us that extra encouragement we needed to overcome the challenge.”

INSEE Cement operates at a 3.6MT maximum capacity, with a 1.5MT production at the Galle plant, a 1.3MT output from the Puttalam facility and a 0.8MT import capacity at the Colombo Cement Terminal. To mitigate the shortage the company introduced two more additional import vessels to its logistics operation to accelerate production and distribution cycles.

 

 

Continue Reading

Trending