By A Special Correspondent
Port City Colombo acknowledging its high-quality investment potential will soon showcase the inaugural premium education cluster in the form of an international school and university which will offer cutting-edge primary, secondary and tertiary academic programmes. While the School will provide a grounding in educational fundamentals found in the famous Public-School System, the University aims to foster educational excellence in Sri Lanka through internationally recognised undergraduate and post-graduate degree programmes in core subject matter such as Engineering, Information Technology, Business Studies/Management, Finance and Marketing.
Prospective students will now be able to equip themselves with the skills and competencies required for high-powered careers in expert-led classrooms that integrate state-of-the-art technologies and learning tools. The Education Cluster is projected to attract a highly international student population thus laying the foundation to yield strong cross-cultural networks.
Straddling several time zones and with close proximity to a number of well-known business centers, the connectivity provided by Port City Colombo enables students to explore career development opportunities not only in Colombo but in key cities abroad not too far away. In terms of obtaining local experience, Sri Lanka offers a strong banking system that includes global banks, international audit and accounting firms, diversified legal practices, a number of multi-lateral organisations plus vibrant sporting activities and cosmopolitan lifestyles, including beaches, food, entertainment and a culture and a history spanning many years.
The School, a top tier legacy public school from the UK will be housed on a 2.5 Ha plot adequate to accommodate a body of around 1,000 students and include on-site boarding provisions for some 300 students. While the School will provide primary and secondary education for students from the ages of 3 to 18, it will also offer uniquely tailored scholarship programmes for high-achieving students from less privileged backgrounds.
The primary demand for the School is expected to stem from the high earning/wealthy citizens of Sri Lanka. Given the high demand for UK branded education in South Asia, the growing expat community in Colombo as well as countries in the region, e.g., India, Pakistan, Bangladesh, and Maldives are additional source markets.
The University commanding a premier position in Research & Development is expected to position itself as a regional academic center supporting the vision of the Government in transforming Colombo into a strategic regional hub for tertiary education. It will be located on a 2.5 Ha land plot housing a number of key faculties staffed by acknowledged subject matter experts facilitating both undergraduate and postgraduate degrees.
Located adjoining the natural port of Colombo, the capital city of Sri Lanka, Port City Colombo is designed to redefine longer term investment and return opportunities. Port City Colombo is a billion-dollar master-planned city development fully funded by FDI. It offers a unique combination of investment opportunities via world-class infrastructure, connectivity and sustainable yet cosmopolitan living. Designated a Special Economic Zone (SEZ) within the borders of Sri Lanka, Port City Colombo will feature attractive fiscal incentives for Businesses of Strategic Importance (BSI’s). Additionally, transactions in foreign currencies will be unhampered by capital or exchange controls with foreign ownership of enterprises permitted up to 100%. Port City Colombo encompasses an international financial center, a luxury yacht marina and other developments forecast to break ground soon. Designed to mirror the features of Dubai and Singapore, Port City Colombo will additionally uplift and enhance commitments to sustainable living.
Source: Read More
