Apr 10, Colombo: Sri Lanka's Ministry of Youth Affairs and Skills Development has sought the financial assistance of the private sector and business community for hosting the World Conference on Youth 2014 (WCY2014) in Sri Lanka.
Youth Affairs and Skills Development Minister Dullas Alahapperuma said that the WCY which will be held in Sri Lanka next month is expected to cost Rs 600 million and the Ministry is seeking funds from private companies and business community to host the conference.
He said the government has already allocated funds from the 2013 and 2014 budgets for the conference.
"The ministry also plans to obtain the support of private sector companies and the business community to host this conference," he said.
The Minister said the money spent for hosting the conference will be an investment for the future generation of the country and urged all the Sri Lankans to support the government to host a successful conference similar to the Commonwealth Heads of Government Meeting last November.
The WCY 2014 will be held from 6th to 10th May, 2014 at Bandaranaike Memorial International Conference Hall in Colombo under the theme "Mainstreaming Youth in the Post-2015 Development Agenda".
The Conference is expected to bring together 1,500 participants, half of them young people, aged 18 to 29, and 350 of them will come from marginalized backgrounds, making the conference one of the most well represented youth events at the global level, the organizers said.