Nanotech Park to support IT industrialists to compete global market
Department of Government Information
22nd July 2007
Government will be establishing a Nanotech park which will extend the capability and add much more scope for the Sri Lankan industrialists involved in Nano technological based products, to compete with the global market.
This 5.5 billion rupee programme which will be completed within five years will be funded through Public-Private Partnership with equal contribution. The park is to be built in a 50 acre land in Homagama.
Minister of Science and Technology Tissa Witharana has stated that leading firms in the apparel, agriculture and other main industrial sectors have pledged support to develop the park.
Already the Government has taken steps to build a temporary laboratory with the assistance of the private sector to conduct research. Minister Witharana stated that this action was taken as an immediate step because the investors need to take quick action before waiting for another five years to fight foreign competition.
"Local materials such as silica sand and other minerals found in the island can be used to develop the technology," added the Minister.
The National Science Foundation (NSF) plans to work with local universities to create a task force - Sri Lanka Institute of Nanotechnology (SLINTEC) – to operate the technology park.
Nanotechnology is a branch of science and engineering devoted to the design and production of extremely small electronic devices and circuits built from individual atoms and molecules. Nano-technology is now used by countries like Japan, South Korea, and the United States as well as European states to develop innovative products that use less energy, are smaller and more efficient.
|Published : Sunday, July 22, 2007 09:28:33 PM (Geneva time)|
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