The Colombo Plan Secretariat
The Colombo Plan for Cooperative Economic and Social Development in Asia and the Pacific was conceived at the Commonwealth Conference on Foreign Affairs held in Colombo, Ceylon (now Sri Lanka) in January 1950 and was launched on 1 July 1951 as a cooperative venture for the economic and social advancement of the peoples of South and Southeast Asia.
The Colombo Plan was instituted as a regional intergovernmental organisation for the furtherance of economic and social development of the region` nations. It is based on the partnership concept for self-help and mutual help in the development process with the focal areas being, human resource development and south-south cooperation. While recognising the need for physical capital to provide the lever for growth, the Colombo Plan also emphasised the need to raise the skill level to assimilate and utilise the physical capital more efficiently.