Knowledge City Malabe Opens First Educational Building
A City within a City with everything in close proximity
Colombo – The first stage of Knowledge City Malabe (KCM) by Access Residencies and Foresight Engineering (Pvt.) Ltd was ceremonially declared open by the Minister of Education, Prof. G.L Peiris on April 10, 2021. KCM is set to be a city within a city, which offers everything a person needs in close proximity, with over 50% of the space dedicated for education and education related activities.
The first building is a 7 floor, 150,000 Sq. Ft facility initially housing up to 3200 students of the Horizon Campus – a non-state university recognised by the University Grants Commission (UGC) and the Ministry of Higher Education; as well as Spark Academy, which will occupy the 6th floor and develop top talent for the IT industry. The campus will comprise of 6 high tech computer labs, 3 science labs, libraries, cafes, a rooftop lounge as well as an ultramodern state-of-the-art auditorium with a seating capacity of 400.
Speaking at the launch, Minister of Education, Prof. G. L. Peiris, who explained that theMinistry was currently in the process of engaging all stakeholders to upgrade curricula with relevance to social priorities, lauded the efforts of KCM towards the education for young Sri Lankans. “What KCM is doing, addresses all the relevant issues in higher education. The choice of disciplines at Horizon Campus is directly relevant to the needs of the Sri Lankan economy as it grows. They are making every effort to ensure that products of the system are people who have received training in the fields in demand for employment by identifying demands of the marketplace and delivering courses structured to market needs.” He said. Adding, “You are enhancing the value and acceptance of qualifications conferred on students in two ways. One is the link with foreign universities, which ensures studies are not delivered in isolation but in partnership with the international tertiary education system. Secondly, the links that feed into and benefit from connections to the industrial sector, guaranteeing employability.”
An initiative by Foresight Engineering (Pvt.) Ltd in collaboration with Access Residencies, Knowledge City Malabe – situated just 45 minutes from Colombo – envisages to offer city living and unmatched convenience and quality of life; universities offering a comprehensive range of local and foreign degree programs from top institutes, leading retailers, banks and medical facility providers, and high end work spaces for companies, guaranteeing an all-inclusive living experience within 28 acres of land surrounded by the luscious greenery of Malabe, on completion, which is estimated to take 6 years.
“Knowledge City Malabe gives certainty to the promise of an integrated city within a city with education as its core focus, creating an oasis of learning and living for our discerning residents. Even as we develop KCM towards completion, our first priority was establishing its rightful place in the education sector, and we are happy of the move of the Horizon Campus which will bring in over 3200 students to the very first building within the campus premises. Two other buildings will also be completed within the campus premises extending world class education to over 10000 students with over 1000 student accommodation facilities. Parallel to this, our development in the residential and office complexes and retail and leisure sections are ongoing and promise to be the first of its kind in Sri Lanka”, stated Ayesh Fernando, Director, Knowledge City Malabe, commenting on the project.
The KCM master project with an investment of Rs. 7 Billion will be a city within a city; including a campus with world class universities, student accommodation, modern commercial office towers, 65 modern individual houses, a residential complex with a mixed development zone, a Keells Supermarket, a Hatton National Bank Branch, Ninewells 24 hour Medical Center, a Food court, Bowling alley, Cinema, Coffee shops, Restaurants, more retail businesses and Recreational facilities.
Access Residencies, a member of the Access Group, maintains numerous properties and top-tier real estate projects under its wing. Access Residencies maintains a diverse premium client portfolio with the best of housing opportunities and up to date modern infrastructure.
Foresight Engineering is the prime developer of Knowledge City Malabe. With a clear objective of “Implementing Endless Multi- Disciplinary Solutions”, Foresight Engineering has undertaken the delivery of a variety of key multidisciplinary solutions across multiple business sectors in the country.
