The project is estimated to cost $165 million. Detailed cost estimates by expenditure category and by financier are included in the project administration manual.
Summary of Cost Estimates (Revised)
(US$ million)
|
Item |
Amount |
|
Based Cost
Innovative technology learning and research environment established
Quality and industry-relevant higher technology education programs implemented
Industry linkages and international collaborations strengthened
Faculty management capacity strengthened
New higher education project preparation supported
Financial Charges During Implementationd
Total Loan
Project Management Expenses, Taxes & Duty
|
120.372
02.408
06.320
0.200
0.400
15.300
145.00
20.00
165.00 |
The implementation arrangements are summarized in this table and described in detail in the project administration manual.
|
Aspects
|
Arrangements
|
|
Implementation period
Estimated completion date
Revised Completion date
Estimated loan closing date
Revised loan closing date
Management
-Oversight body
-Executing agency
-Key implementing agencies
|
September 2018- December 2023
31 December 2023
31 December 2024
30 June 2024
30 June - 2025
Project steering committee secretary, MHECA (chair) Four vice chancellors, UGC, and other agencies (members)
MHECA
Universities of Kelaniya, Rajarata, Sabaragamuwa, and Sri Jayewardenepura
|