The Board of Investment of Sri Lanka has
signed an agreement with Nanco to develop and manage the world’s first
Nanotechnology Park which is expected to commence operations in November. Nanotechnology
is a rapidly growing field of applied science where matter is controlled at
an atomic or molecular scale.
Mr. Dhammika Perera, Chairman / Director General signed the agreement on behalf
of the BOI and formally presented the investor with the BOI Certificate of Registrations.
The Nanotechnology Park, located at Homagama is an investment of US $ 10 million
and will generate around 1500 employment opportunities. Mr. A. N. R. Amarathunga
(Secretary, Ministry of Science and Technology) and Mr. Mahesh Amalean (Chairman,
SLINTec and Chairman, MAS Holdings) signed the agreement on behalf of the company.
Professor Sirimali Fernando, Chairperson on the National Science Foundation
and Professor Ravi Silva (Director of Advanced Technology Institute of the University
of Surrey) were also present at the occasion.
Examples of Nanotechnology include the manufacture of polymers based on molecular
structure and the design of computer chip layouts based on surface science.
Nanotechnology will produce benefits in two ways by making existing products
and processes more cost effective, durable and efficient and by creating entirely
Professor Ravi Silva said “The project will infuse Nanotechnology into
the Sri Lankan industrial sector and make Sri Lankan products world leading
and competitive. Nanotechnology can be used to enhance most of the industrials
products such as rubber products, apparels and energy”.
He explained that the Nanotechnology centre will develop new products and create
intellectual products that can be exploited while the Park will house the manufacturing
plants for local and foreign inward investors.