History
The organization was born out of a Commonwealth Conference of Foreign Ministers, held in Colombo, Sri Lanka, in January 1950. At this meeting, a plan was established to provide a framework within which international cooperation efforts could be promoted to raise the standards of people in the region. Originally conceived as lasting for a period of six years, the Colombo Plan was extended several times until 1980, when it was extended indefinitely. Initially it was called the Colombo Plan for Cooperative Economic Development in South and Southeast Asia. It has grown from a group of seven Commonwealth nations - Australia, Britain, Canada, Ceylon, India, New Zealand and Pakistan - into an international organization of 26, including non-Commonwealth countries. When it adopted a new constitution in 1977, its name was changed to "The Colombo Plan for Cooperative Economic and Social Development in Asia and the Pacific" to reflect the expanded composition of its enhanced membership and the scope of its activities.
In the early years, Colombo Plan assistance from developed to developing countries comprised both transfer of physical capital and technology as well as a strong component of skills development. Hence, while infrastructure by way of airports, roads, railways, dams, hospitals, fertilizer plants, cement factories, universities, and steel mills were constructed in member countries through Colombo Plan assistance, a large number of people were simultaneously trained to manage such infrastructure and the growing economies.
Read more about this topic: Colombo Plan
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