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Monday, 12 July 2010

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Epic Lanka to diversify into education

US $ 3 million investment:

Epic Lanka Group will soon diversify to the education sector as a software and security developing company for banks and financial institutes. The investment for this project is US $ three million.


Nayana Dehigama

“There is a huge gap between what the Universities produce and what the industry needs. When the graduates are recruited we have to train them to get the best out of them. Having understood that need Epic Lanka decided to venture towards education, Epic Lanka Group Chairman/Managing Director Nayana Dehigama told Daily News Business.

The premises will be developed to improve software and technological application. It is expected to train 600 software developers and a part of it will be converted to a University later.

Epic Lanka Group Chairman/Managing Director Nayana Dehigama received the third Asia Pacific Young Entrepreneur Award from the Confederation of Asia Pacific Chambers of Commerce and Industry.

The Group has set up international operations in Malaysia and Australia. We have already received the Multi Media Super Corridor (MSC) status for the Malaysian branch, February this year, Dehigama said.

“We have started the operation in Australia recently and we hopes to cater to the regional presence in the Asia Pacific region,” he said.

Epic Lanka group expects to cater the USA and EU market in two years.

Speaking at the felicitation held for Dehigama, Technology and Research Minister Prof. Tissa Vitharana said the role of the entrepreneur is creating wealth globally.

In the effort to develop the national economy it is important to equally emphasize on conventional agriculture/industries as well as knowledge and technology based industries, Minister said.

He said the Government is involved with five private organizations to develop the Sri Lanka Institute of Nano-Technology (SLINTec) as a world class laboratory.

Twenty four scientists at present are involved in the centre and we have been able to apply for five international patents.

“We have decided to retain the Ilmenite which was exported as a raw material and produce Titanium Dioxide for the improvement of paint industry. We have developed the technology to meet that target,” Prof. Vitharana said.

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