Singapore University invests 200 million
A reputed Singapore University, Auston Institute of Management merged
with Coventry University UK and will invest Rs 200 million in Sri Lanka
on sports education for the first time. Auston Institute Chairman Tan
Kah Hoe, who was a former High Commissioner in Sri Lanka told Daily News
The official signing ceremony of the agreement was held between
Coventry University's affiliated member in Sri Lanka, Austan Institute
of Management-Ceylon Ltd and the Education Ministry at the Education
Ministry auditorium on Tuesday.
Tan Kah Hoe Chairman
Hoe said during his tenure in Sri Lanka as the High Commissioner from
1996to 2009 he observed many Sri Lanka students going to Singapore for
higher education and in this process he developed a keen interest to
help Sri Lanka, as education is the key to peace. He initiated to send
40 Sri Lankan students to Singapore as peace ambassadors then and Auston
Institute of Management Ceylon was established in 2010. 'At a time Sri
Lanka is interested in inviting foreign investors this scholarship
program is a good move.
We can cut down cost on education of Sri Lankan students while
promoting local talents to reach global standards', he said .According
to this scheme cricket and rugby will be awarded Rs. One million each
scholarships to obtain a sports management degree from world famous
Coventry University in UK while completing their three-year degree
course in Sri Lanka. The agreement was singed for a ten-year period and
200 school sportsmen will receive Rs 200 million worth scholarships .
Every school will be given the opportunity to nominate three sportsmen
annually who maintained a superb career in cricket or rugby.
The final selection will be based on four main elements, sports
skills, character, scholastic abilities and financial circumstances.