Picture shows Dhammika Perera , Chairman/ Director General, BOI formally hands over the BOI agreement document to A. N. R. Amarathunga - Secretary, Ministry of Science and Technology. From left ---- Prof. Ravi Silva - Director of Advanced Technology Institute of the University of Surrey, Prof. Sirimali Fernando - Chairperson on the National Science Foundation and Mahesh Amalean - Chairman, SLINTec and Chairman, MAS Holdings.

The Board of Investment (BOI) of Sri Lanka has signed an agreement with Nanco to develop and manage the world’s first Nanotechnology Park due to begin operations in November, the BOI said on Tuesday.
Nanotechnology is a rapidly growing field of applied science where matter is controlled at an atomic or molecular scale. The Nanotechnology Park, located at Homagama is an investment of US$10 million and will generate around 1500 employment opportunities.

A.N.R. Amarathunga (Secretary, Ministry of Science and Technology) and Mahesh Amalean (Chairman, Sri Lanka Institute of Nano Technology -SLINTec and Chairman, MAS Holdings) signed the agreement on behalf of the company. Professor Sirimali Fernando, Chairperson on the National Science Foundation and Professor Ravi Silva (Director of Advanced Technology Institute of the University of Surrey) were also present at the occasion. Prof. Silva said, “The project will infuse Nanotechnology into the Sri Lankan industrial sector and make Sri Lankan products world leading and competitive. Nanotechnology can be used to enhance most of the industrials products such as rubber products, apparels and energy.”

He explained that the Nanotechnology centre will develop new products and create intellectual products that can be exploited while the Park will house the manufacturing plants for local and foreign inward investors.