Sri Lanka’s ICT-BPM sector promoted among Philippine firms by Lankan mission in Manila
Sri Lanka’s Embassy in Manila has worked to bridge Philippine ICT-BPM companies with Sri Lankan counterparts to promote collaborations, partnerships and prospective investments.
The Embassy, in cooperation with the Sri Lanka Association of Software Services Companies (SLASSCOM) and the Board of Investments (BOI), has facilitated a number of introductory and exploratory meetings for reputed IT-BPM companies operating in the Philippines such as EMAPTA, Hinduja Global Solutions-Philippines, Transcosmos Asia Philippines Inc., etc. to promote Sri Lanka as a potential destination for expansion, a news report in the Daily FT has stated.
The effort has resulted in a leading offshore staffing company in Australia and the Philippines expressing its interest to set up a center in Sri Lanka and is currently working with the BOI for the necessary procedure. Hinduja Global Solutions has reportedly expressed its enthusiasm to study expansion opportunities and visit the country as soon as the situation allows.
Sri Lanka’s innovative and high-value solutions in the areas of AI, automation, HR software and solutions, among others are also continuously promoted to potential partners in the Philippines for commercial adoption and distribution, the news report has added.
OSL take:
Given Sri Lanka’s aggressive development programme aimed at taking the country to the next level of development, the country’s ICT and digital infrastructure development sectors are fast expanding as potential business/investment opportunities in Sri Lanka. With Sri Lanka fast becoming an emerging business destination in the South Asian region, foreign businesses/investors could explore business/investment opportunities in Sri Lanka’s ICT and digital infrastructure development sectors.
| Article Code : | VBS/AT/24082021/Z_4 |