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ADB powers a new era of innovation at Rajarata University
The Island
|September 29, 2025
The Asian Development Bank (ADB) is making a substantial investment in Sri Lanka's future, with the Rajarata University of Sri Lanka at the forefront of this transformative initiative. A total of $30 million has been allocated to the university as part of a broader project to enhance higher education in the country. This funding aims to establish a new Faculty of Technology, offering students industry-relevant programs in science and technology.
The project's success, as highlighted by Principal Social Development Officer J.M.H. Jayasundara of the ADB's Sri Lanka Resident Mission, underscores a shared vision of empowering the next generation with practical skills and entrepreneurial capabilities.
This strategic investment aligns perfectly with the ADB's broader goals for education in its member countries. The project not only aims to enhance the quality of tertiary education but also to ensure its accessible and equitable for all. By targeting regional universities like Rajarata, the initiative actively promotes social mobility and gender equity through a comprehensive Gender Action Plan. The focus on STEM fields, curriculum reform, and fostering international partnerships positions Rajarata University to meet the evolving needs of Sri Lanka’s workforce and contribute to the nation’s Strategy 2030.
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