Home / Knowledge / News / Information Technology / BOI Project to set up world's first Nano Technology Park
BOI Project to set up world's first Nano Technology Park
25
Aug '08
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 new products.

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.

Board of Investment of Sri Lanka


Must ReadView All

Israeli minister announces tax cuts on consumer goods

Apparel/Garments | On 14th Dec 2017

Israeli minister announces tax cuts on consumer goods

The Israeli Government will slash taxes by $227 million, finance...

Courtesy: Kelvin Techstyles

Apparel/Garments | On 14th Dec 2017

Kelvin Techstyles fuses style and function in city apparel

Fusing style and function in outdoor clothing, Roseville,...

India’s WPI inflation for textiles up 0.3% in Nov 2017

Textiles | On 14th Dec 2017

India’s WPI inflation for textiles up 0.3% in Nov 2017

India’s annual rate of inflation, based on monthly wholesale price...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search