Press briefing of Cabinet Decision taken on 2011-12-14

Construction of New Building for the Department of Management Studies - Faculty of Arts, University of Peradeniya - Revision of Total Cost Estimate

- Cabinet approval has already been granted for the construction of a new building for the above, to commence Bachelor of Business Administration (BBA) programme with an intake of 100 students per year, the proposal made by Hon. S.B. Dissanayake, Minister of Higher Education, to revise the Total Cost Estimate of the construction of the two storied building from Rs.42.11 million to Rs.78.5 million, due to increase in construction costs, was approved by the Cabinet.