Newly 20 Int. universities soon [October 30 2010]

By uditha Kumarasinghe

The Higher Education Ministry will set up 15 or 20 international universities in Sri Lanka.

The establishment of these universities would help to strengthen the free education system as each university has pledged to offer 20 percent scholarships to local students, Higher Education Minister S.B. Dissanayake told the Sunday Observer Online.

Over 8,000 students go to various foreign countries to follow their degrees, masters and Phds, annually. A sum of Rs. 20,000 to Rs. 25,000 million is lost to the country when nearly 8,000 local students go to foreign countries for their higher studies annually. If the foreign universities are established here, a huge amount of valuable foreign exchange could be saved, the Minister said.