The first Singaporean team to complete a reconstruction project after the 2004 Tsunami wrapped the final project funded by Singapore’s Tidal Waves Asia Fund on 25 July 2010. Mr Tee Tua Ba, Chairman of the Singapore Red Cross, handed over the $2.78 million Sri Lanka-Singapore Friendship College to Sri Lankan President Mahinda Rajapaksa at a special ceremony.

"Education is a means of developing our abilities and when fuflilled, our personal hopes and dreams can be translated into benefit for those in our communities. We are happy to be able to contribute and invest in a well-rounded education for the young, so as to build their character, inculcate strong values and open doors to career opportunities and growth," said Mr Tee, in the presence of 500 guests.

The Sri Lanka-Singapore Friendship College heralds a new beginning for 1,200 females aged 13 to 18 years old in the district of Hambantota. It was the fifth milestone project between the long time partners, Singapore Red Cross and the Singapore Sinhala Association. Prior to this, the two organisations collaborated on a series of projects aimed to restore normalcy. These included the construction of close to 200 houses; a barber shop and an internet café to spur livelihoods; community centres to strengthen social fabric; and schools to nurture the future.

The handover of the Meulaboh General Hospital and Sri Lanka-Singapore Friendship College marked the closure of the Tidal Waves Asia Fund, which the Singapore Red Cross and its Tsunami Reconstruction Facilitation Committee (TRFC) have managed since January 2005.