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v2025 (2)

v2025

USD 50mn from OFID to build technical laboratories in schools

With the recently introduced 13 year mandatory education policy in place, the government has decided to provide the required infrastructure facilities and equipment with modern technology for practical activities as well as training of teachers.

Therefore, the Ministry of Education expects to construct technical laboratories and provide required machinery and equipment to the schools across Sri Lanka in line with the government's policy of integrating emerging technologies with that of school curricula. 

The government has been able to secure a loan from the OPEC Fund for International Development (OFID) amounting to USD 50 million, towards the implementation of the Technological Education Development Programme.

The loan agreement was signed in Vienna, Austria between the Secretary to the Treasury Dr. R.H.S. Samaratunga and Suleiman J. Al-Herbish, Director General of OFID on behalf of Sri Lanka and the OPEC Fund for International Development respectively.

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