SL gets Space Academy
Shirajiv SIRIMANE in Kandy
The foundation stone for the proposed “Space Academy” of SupremeSAT
was laid at the Kandy BOI zone yesterday by visiting Vice Minister of
Industries and Information Technology, People’s Republic of China, Chen
Qiufa together with top Chinese executives.
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R. M. Manivannan, Chairman of the
SupremeSAT, after signing the agreement with the Chinese
officials. Chief Minister of Central Province, Sarath
Ekanayake and Governor Central Province Tikiri Kobbekaduwa
also participated. Picture by Saliya Rupaisnge |
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The
proposed Space Academy in Kandy |
The project is a joint venture between SupremeSAT (Pvt) Ltd - The
first and only satellite operator of Sri Lanka, in partnership with
China Greatwall Industry Corporation and Sino Satellite Communications
Company Ltd. The total investment would be around US $ 60 million. This
is also the first Chinese investment for the Kandy district.
The Academy would offer “On the Job” Training for Sri Lankans who
could interact with the already co-branded satellites of
SupremeSAT/Chinasatcom as a preparatory measure to be geared to handle
the fully owned satellite of SupremeSAT which will be launched in
December 2015.
“This investment would give confidence to other private sector
companies in the world to invest in Sri Lanka,” said R. M. Manivannan,
Chairman of the SupremeSAT. The construction of the facility would be
done in an accelerated manner with an ambitious plan for completion
within six months to keep in line with the growing satellite business of
both SupremeSAT and China Greatwall Industry Corporation.
In addition, another historic investment agreement was signed between
The Supreme Group and “Beijing Aerospace Great wall Minerals
Corporation” wherein the mineral reserves held by the company regionally
was assigned to the Chinese company for mining as well as future reserve
enhancement purposes.
The Supreme Group will enhance the mineral reserves of BAGWMC
utilising it’s existing mineral reserves as well as acquiring larger
reserves of all types of natural resources in Sri Lanka and in the
region inclusive of Indonesia and Madagascar where the company has
secured valuable coal mine reserves.
Vijith Pieris - CEO of The Supreme Group and Liu Donghu – General
Manager of “Beijing Aerospace Greatwall Minerals Investment Corporation”
signed the second investment agreement.
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