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Rs.+10.2+b+worth+South+Asia%27s+first-ever+%27Green+University+Town%27
Wednesday, 18 May 2016 - 9:53
Rs. 10.2 b worth South Asia's first-ever 'Green University Town'
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As part of an overall effort to make Sri Lanka a knowledge hub and marking a turning point in the country’s education landscape, work on South Asia’s first-ever ‘Green University Town’ to be kicked off soon.  

Conceptualized by NSBM, which is linked to the National Institute of Business Management (NIBM), the green university will cost Rs. 10.2 billion and State giant Bank of Ceylon will finance it, speaking at a press conference Minister Mahinda Samarasinghe stated this.

The NSBM green university, designed by engineering consultants, will be built in Pitipana, Homagama, on 26 acres of land with a construction cost of Rs. 8.615 billion. Expected to reach completion in 24 months, the facility is expected to house 30,000 local and international undergraduates. 

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