Sri Lanka expects to earn $ 15 billion from IT exports by 2030 - Opportunity Sri Lanka
Sri Lanka expects to earn $ 15 billion from IT exports by 2030

Sri Lanka expects to earn $ 15 billion from IT exports by 2030

Daily FT: The Information and Communication Technology Agency (ICTA) of Sri Lanka and The Computer Society of Sri Lanka (CSSL) are working closely to achieve a target of earning $ 15 billion from IT exports by 2023, it was revealed at the Digital Investment Summit held as a major part of NITC 2023.
The Computer Society of Sri Lanka is proud to announce the successful completion of its 41st National Information Technology Conference (NITC), which was recently held at the Shangri-La Hotel Colombo. The event commenced with a grand inauguration under the state patronage of President Ranil Wickremesinghe and was supported by the State Minister of Technology Kanaka Herath. The Ministry of Technology served as the National partner for NITC 2023. The CSSL’s annual conference serves as a premier gathering for professionals in the field of computing.
A unique element of NITC 2023 was the Digital Investment Summit, which aims to bring together Sri Lankan startups and mature potential ICT companies with prospective investors to support their next stage of growth and support the country reach its goal of $ 15 billion in ICT exports by 2030. The Information and Communication Technology Agency (ICTA) of Sri Lanka partnered closely with CSSL to the success of this endeavor.
The theme of this year’s National IT Conference, ‘Towards a Sustainable Digital Society’, reflects on the government’s vision and transition to a digital economy through the DIGIECON 2030 program, which aims to accelerate Sri Lanka’s economic transition to an inclusive digital economy by utilizing cutting-edge technology-based solutions. We at CSSL applaud the government of Sri Lanka for giving technology a top priority, and we would want to stress the necessity of Sri Lankan computing professionals playing a catalyst role in enhancing citizens’ lives through computing technology.
NITC 2023 was orchestrated with the guidance of Dr. Ajantha Atukorale, who serves as the President of CSSL, with Dr. Thilina Halloluwa and Dr. Nirosha Wedasinghe taking on the roles of Conference Co-Chairs. NITC 2023 was a diverse conference extending over a three-day period, featuring various activities such as the inauguration, the NITC Conference, the CSSL Awards and a Digital Investment Summit.
NITC 2023 Conference featured five distinct tracks with over 25 prominent speakers, including both local and international experts. These speakers represented the following tracks at the conference: FinTech (Financial Technology), EduTech (Education Technology), TravelTech (Travel Technology), InfoSec (Information Security) & e-Government and eHealth (Electronic Healthcare). For additional information about NITC 2023, please visit www.nitc.lk.

OSL take:
Sri Lanka’s focus on transforming the country into a digital economy to be on par with the evolving global trends has opened up a host of new business/investment opportunities in the country. Most of the opportunities are in the fields of ICT and digital infrastructure development. The expanding economic activities in the country and the target of becoming an emerging business destination in the South Asian region are expected to further increase the business/investment opportunities in the ICT and digital infrastructure development sectors. The growth and profits recorded by local businesses engaged in these sectors and the expansion of many such businesses into foreign markets are indicative of the growing business potential in ICT and digital infrastructure development sectors. It is in such a backdrop that Sri Lanka is looking at further expanding these sectors through the export of IT services and goods. Given Sri Lanka’s expanding opportunities, foreign businesses/investors could confidently explore the growing opportunities in Sri Lanka’s ICT and digital infrastructure development sectors.

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Article Code : VBS/AT/20231207/Z_4

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