Sept 26, 2012 (LBO) – Fonda Global Engineering, a Singapore based construction firm is setting up a training centre in Sri Lanka to provide qualified workers for domestic and foreign markets, the state investment promotion agency said. Sri Lanka’s Board of Investment said Fonda Global Engineering Lanka (Pvt) Ltd has an agreement to start the facility in its export processing zone in Katunayake, north of the capital Colombo.
It will be given 11,000 square meters of land in the zone with four buildings of which 7,000 square metres will be used for training facilities.
Fonda will invest 1.7 million US dollars in its overseas testing and training centre (OTTC) to build classrooms, a conference room, rest area, canteen and show room and will have the capacity to train 250 persons at a time.
“Candidates will have to sit for theory and practical exams conducted and assessed by the Building and Construction Authority of Singapore,” the BOI said in a statement.
Fonda Engineering wants to expand the capacity to 1,000 students by investing up to 5 million US dollars later, the BOI said.