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Message: <blockquote data-quote="monson" data-source="post: 24232078" data-attributes="member: 30005">Rs 26,000 millions for Rajarata, Sri Jayawardenapura, Kelaniya and Sabaragamuwa  universities.ADB, UNIVERSITIES SIGN AGREEMENTS totaling $ 145 mn<img src="http://www.dailynews.lk/sites/default/files/news/2019/02/13/z_Bus03-ADB.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />Dr. B.A. Karunaratne, VC, Rajarata University, Prof. Sampath Amarathunga, VC, University of Sri Jayawardenapura, Sri Widowati, ADB Country Director in Sri Lanka, Prof. D.M. Semasinghe, VC, University of Kelaniya, Prof. Sunil Santha, VC, Sabaragamuwa UniversityThe Asian Development Bank (ADB) and four Sri Lankan universities yesterday signed project agreements totaling $145 million under the ADB funded Science and Technology Human Resources Development project to foster science and technology in Sri Lanka’s higher education.“To achieve higher incomes and better standards of living, the Sri Lankan government aims to transform the country to a knowledge-based economy by 2025, with education playing a key role,” said Sri Widowati, ADB Country Director in Sri Lanka. “To this end, the project will help nurture a new breed of technology-oriented graduates equipped with skills and entrepreneurial spirit for the economy.” Widowati signed the project agreements on behalf of ADB while Vice Chancellors Prof. Sampath Amaratunge, Prof. D.M. Semasinghe, Dr. B. A. Karunarathna, and Prof. M. Sunil Shantha signed for the University of Sri Jayawardenapura, University of Kelaniya, Rajarata University and Sabaragamuwa University, respectively.Sri Lanka’s education system is facing several challenges in delivering quality learning relevant to the labor market, particularly in science, technology, and engineering subjects.Higher education opportunities as a whole are limited, with the gross enrollment rate at less than 19%—much less than the 50% average for upper middle-income countries. Moreover, less than 20% of graduates are from science and engineering subjects.Although more than 60% of undergraduates in Sri Lanka are female students, they overwhelmingly (about 82%) concentrate on liberal arts and social studies where unemployment is highest.Encouraging more women to take technology disciplines will increase women’s career opportunities in technical areas where wages are high.A lack of investment, laboratory facilities, researchers, and qualified academic staff are holding back the quality of teaching, learning, and research.The project will construct faculty buildings following green building standards, ensuring they are climate proofed, well equipped with laboratories, and offer flexible spaces for different kinds of research and learning as well as facilities that help integrate female students and staff.- <a href="http://www.dailynews.lk/2019/02/14/business/177492/adb-universities-sign-agreements-totaling-145-mn" target="_blank">http://www.dailynews.lk/2019/02/14/business/177492/adb-universities-sign-agreements-totaling-145-mn</a></blockquote>

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