Mag invests Rs. 600 mn for technical college
Anjana SAMARASINGHE
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Mag City staff at work. Picture by Saliya Rupasinghe
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Expanding business to education sector Mag Consolidate Pvt Limited
invests over Rs 600, million on a technical college.
Speaking to Daily News Business, Assistant General Manager of Mag
City a subsidiary of Mag Consolidate, Jagath Parakrama said that company
had projected to commence operations at the end of this year. There was
a need for setting up technical colleges for school leavers who are not
qualified for University entrance in Sri Lanka.
The new technical college will conduct courses on automobile
repairing, civil engineering, electrical engineering, telecommunication,
architecture, TV presenting and beauty culture.
In the local education sector there is a huge demand for such of
training courses and the foreign job market demands for high skilled
workers.
Today most of the local universities do not provide graduates to
cater to the needs of various industries. It is important establishing
technical colleges for producing skilled staff for local and
international job markets, Parakrama said.
We will tie up with Australian and New Zealand universities and other
educational institutes to bring high standard technical courses to Sri
Lanka. All these courses will be designed to meet the requirements of
international labour market. At the end of the course students will also
enable to get training abroad too, he said.
The proposed technical college will be equipped with latest
technologies and other training facilities. Company expects to have both
foreign and local qualified lecturers to man the lecture panel. Company
also plans to introduce international degree courses to Sri Lanka in the
near future.
At the initial stage the college will conduct all engineering courses
such as automobile, civil engineering and electrical engineering. We are
targeting nearly 250 students for our first intake he said.
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