Sri Lankan minister calls for nanotech investment

March 23, 2009: The science and technology minister of Sri Lanka is advising business leaders to tap into the world of nanotechnology as a way of lifting their country out of bad economic times, according to a report in the Sunday Observer, an English-language newspaper in Sri Lanka.

Tissa Vitarana, speaking at a nanotech seminar organized by the National Science Foundation and Small and Medium Enterprise Developers of the Federation of Chambers of Commerce and Industry in Sri Lanka, called for the business and financial communities to come together to develop nanotechnology, the paper reported.

Vitarana praised the Sri Lankan government for donating at 60-acre parcel of land to set up a nanoscience park, and said the Sri Lanka Nanotechnology Institute at Biyagama is a good example of a public-private partnership to advance nanotech development in his country.

Veranga Karunaratne, a professor at the Sri Lanka Institute of Technology, said that nanotech is in its infancy in his country, the paper reported.

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