Request For Expression of Interest (EOI)

//Request For Expression of Interest (EOI)

Request For Expression of Interest (EOI)

Sri Lanka Technological Campus (also referred to as “SLT Campus” or “SLTC”) is a fully owned subsidiary of Sri Lanka Telecom PLC which was launched in 2014 with the motive of realizing the Sri Lanka’s vision of becoming the knowledge hub of Asia. At present, SLTC offers engineering degrees with limited capacity for expansion.

The company intends to diversify its offerings to Technology and Management degrees, however is limited by the current infrastructure facilities. A long term physical infrastructure development plan has been developed by the Project Consultancy Unit, Department of Architecture of the University of Moratuwa. The said plan will include the infrastructure plan and the eco system to accommodate 2,750 students by the year 2022 in order to meet the increasing demand.

The management of SLTC invites Expression of Interest (EOIs) from interested investors who are willing to provide with required funding for the expansion project. SLTC will offer equity partnership to the investor, subject to a maximum of 49% of equity ownership. The investor also has the option of investing in the company as a debt holder at an agreed rate. The bidders are welcome to select their preferred method of investment.

The EOI must include requested information as specified in the “EOI Information Form” along with key financial highlights, experience in similar nature of business, management structure, capabilities and appropriate skills of the key staff of the company and any other relevant information.

The “EOI Information Form” can be downloaded from the SLTC website (www.sltc.lk) or can be collected from the address given below.

Investors will be selected in accordance with the procedure set out in the Company guidelines.

EOIs and all requested information must be delivered to the address indicated below on or before 3:00 pm Sri Lanka Time, 30th June, 2018.

For further details please contact Mahesh De Silva, Head of Finance via 0714018012.

Head of Finance

SLT Campus (Pvt) Ltd, Bay 6, Trace Expert City, Maradana, Colombo 10.

By |2018-06-18T06:26:20+00:00June 17th, 2018|News|0 Comments

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