Business
MAGA wins contract to build Technology Faculty of Rajarata University
MAGA has been awarded the contract for the design and construction of a Faculty of Technology at the Rajarata University of Sri Lanka (RUSL) in Mihintale, Anuradhapura.
The new faculty estimated to cost approximately LKR 3 Billion will be developed on a 2-acre land and feature an 800-seat capacity auditorium, a large 3-storey library, multiple lecture halls, flexible learning spaces, state-of-the-art laboratories, meeting rooms, common areas, collaborative student spaces, service outlets, and a dedicated industry collaboration cell.
The construction of the new faculty comes under the government’s Science and Technology Human Resource Development (STHRD) project, which is implemented with funding from the Asian Development Bank (ADB). The project aims to increase the technology-oriented workforce via establishment of industry-relevant technology education and research facilities, and support for curriculum development, staffing, and capacity improvement.
Once completed, the faculty will house five departments including Bio-Process Technology, Materials Technology, and Information & Communication Technology (ICT), and will offer a number of industry-focused, practical-oriented degree programmes that prepare undergraduates for careers in the Science, Technology, Engineering, and Mathematics (STEM) fields. Establishment of such a faculty will also generate new employment opportunities and simultaneously contribute to skill development in key sectors of the Sri Lankan economy.
The faculty is designed in partnership with design subcontractor Engineering Consultants Limited (ECL), one of the largest multi-disciplinary consulting companies in Sri Lanka. The design will retain Rajarata University’s unique architectural style, merging its colonial and traditional architectural features within a sustainable and green learning environment. A domed greenhouse will make up the centerpiece of the new faculty, not only setting the tone for a green campus, but also forming an integral component of the biosystems wing of the campus and providing space for bioprocess technology research and experiments.
Maga Engineering is Sri Lanka’s largest construction company and a key partner in developing the nation’s educational infrastructure. Since inception, MAGA has been involved in over 30 projects in the education sector, building two National Colleges of Education and several universities and faculties, including South Asia’s first green university; the Faculty of Technology of University of Sri Jayewardenepura; and the Faculty of Computing and Technology of University of Kelaniya.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
