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Rs.8.7 billion Saudi loan for new medical faculty at Sabaragamuva University 

The Saudi Arabian government has agreed to provide a concessional loan of 187.5 million Saudi Riyal (SAR), around Rs. 8.7 billion, for a project to establish a fully equipped Faculty of Medicine in the Sabaragamuwa University at Ratnapura.  

This Project is to be launched with the aim of constructing the essentially needed infrastructure facilities and to provide the students with the state of the art teaching and learning facilities (laboratory and other equipment) that would facilitate in providing the students with world-class medical education by constructing the Faculty of Medicine at the Sabaragamuwa University of Sri Lanka. 

This programme will contribute to the government policy of augmenting the opportunities for higher education in the field of medicine in Sri Lanka.

A delegation headed by the secretary to the ministry of finance Dr. R.H.S. Samaratunga, secretary to ministry of higher education Priyantha Mayadunne and the director general of the external resources department Priyantha Rathnayake recently visited Riyadh from the 6th to 9th April 2019 for negotiation in this regard.

They held discussions with the delegation of Saudi Fund for Development headed by Mohammed Aldolailan, acting director general, operations department and advisor to the SFD.

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