Laugfs to venture in to education

By Jithendra Antonio

Sri Lanka’s energy conglomerate, Laugfs Holdings will shortly venture in to the education sector, Mirror Business learns.
Speaking to Mirror Business Laugfs Holdings Chairman W.K.H. Wegapitiya said that the company is yet to launch its campus’ main office at World Trade Centre in Colombo. He said that it would be a new regional higher education centre, and the group will also look into other opportunities in the education sector.

Meanwhile, it is anticipated by market sources that Laugfs Holdings is in the lookout to buy a major stake in one of the premier international schools in Colombo.
The Chief Executive Officer of Laugfs Australia Higher Education Services (Pvt) Ltd, Vindhya Weeratunga declined to disclose information, though there is speculation that Laugfs is yet to buy an International School.
However she said that Laugfs is launching its regional educational campus on July 25, which is a partnership with an Australian Education Institute.

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