Monday, October 19, 2020

European Union funds nine higher education projects in Sri Lanka

 


On 10 September, the Delegation of the European Union (EU) to Sri Lanka and the Maldives, in partnership with the University of Peradeniya, announced EU-financed higher education capacity building (CBHE) projects for 2020. The announcement took place jointly with 15 other participating institutions at the University of Peradeniya. In Sri Lanka, the EU is financing nine capacity-building projects in 2020 through the Erasmus+ initiative to support the sustainable growth of its higher education partners.

In the EU-funded CBHE programs, 15 universities are participating. They are the University of Eastern Sri Lanka, University of South-Eastern Sri Lanka, University of Sabaragamuwa, University of Uva Wellasaa, University of Colombo, University of Defense General Sir John Kotelawala, University of Sri Jayewardenepura, University of Sri Lanka Rajarata, University of Jaffna, Institute of Information and Technology of Sri Lanka.

Two institutions, Dhivehiraajeyge Qaumee University of the Maldives and Villa College, are also benefiting from Erasmus+ funding from CBHE. Head of Collaboration of the EU Delegation Frank Hess welcomed the occasion and congratulated all the partners of Sri Lanka. He also acknowledged the organising role played by Peradeniya University.

He noted: "Health, research, and development are key priorities for the EU's external relations with partner countries such as Sri Lanka and that institutions of higher education play a key role in advancing societies." He explained that Erasmus+ offers a wide range of funding opportunities that enable CBHE projects to benefit university staff, including academic and administrative staff.

Vice-Chancellor Prof. Upul B. Dissanayake of the University of Peradeniya said that the University intensely focused on implementing both capacity-building and international credit mobility (ICM) programs Erasmus Mundus and Erasmus+ European Universities. He also reported that as the No. 1 ranked University in Sri Lanka, the University of Peradeniya also played a leading role in this joint effort with other universities in Sri Lanka.

In Sri Lanka's quest to become a knowledge hub for Asia, Education and Training have undoubtedly become the key sectors of focus. Sri Lanka has an impressive literacy rate and produces graduates who are of ever-increasing quality. Yet, there is much space for improvement in the sector.

The government policy of creating a dynamic education sector with the involvement of the private sector to create competition and breathe new life to a system that may have stagnated has made a wealth of business opportunities in Sri Lanka for those who are interested.

OSL Take: The focus of the newly elected government in enhancing the education sector is a clear indicator of the emerging business/investment opportunities in Sri Lanka's higher education sector. Sri Lanka has given priority to the country's education sector in line with Sri Lanka's long term development plans. Many foreign universities have opened pathway colleges in Sri Lanka as well. Therefore international businesses/investors could explore business opportunities in Sri Lanka's higher education sector.

VBS/AT/19102020/Z_TB3 

No comments:

Post a Comment