Monday, 8 February 2010

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Sri Lanka Business News | Online edition of Daily News - Lakehouse Newspapers <%dim dbpath, pageTle, Section, Section1 %>

Nano Centre now ready

A fully-fledged Nano Centre worth Rs 700 million at the Sri Lanka Institute of Nano technology (SLINTEC) is now ready to give Sri Lanka a new competitive advantage as an emerging innovative industrial power by using research and development to infuse nanotechnology based solutions into local industries.


 Ravi Fernando

SLINTEC CEO, Ravi Fernando said that the Sri Lanka nano technology initiative was launched in 2007 with the setting up of a nanotechnology company NANCO with BOI status and NANCO will become a holding company in the proposed science park in Homagama on a 60 acre land where new nanotechnology inventions will be commercialized by interested private sector companies by 2012

He said that the modern laboratory equipment with state-of-the-art technology was installed recently at the Sri Lanka Institute of Nano Technology (SLINTEC) and this was possible because the Government has identified Nanotechnology as a priority research area. He said that scientists can make a huge difference in national development by helping to exploit good technology.

Hence it should be implemented with care and synergy with the environment and a careful life cycle analysis of products.

SLINTEC is a private company set up jointly with 50 percent contribution by the Government and five joint venture partners namely Hayleys, MAS Holdings, Brandix, Loadstar and Dialog equally investing the rest.

The Ministry of Science and Technology is the focal point of the Government investment which will oversee the responsibilities through the National Science Foundation and SLINTEC will provide an industrial platform based on nanotechnology solutions within three years.

Nanotechnology is the manipulation of nano structured materials and these nano materials possess very different physical, chemical, electronic or optical properties compared to their bulk state.

Thus Nanotechnology provides the tools to do cutting edge research where it becomes an enabling technology encompassing chemistry, physics and biology, he said.


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