Industry Support

Aug 16, 2012 (LBO)- Sri Lanka’s Information and Communication technology industry needs a strong eco system and branding strategy to support the development of the sector and to expand businesses globally, an Internet pioneer said. Highlighting the importance of young entrepreneurship Wang said, modern and small businesses are playing a key role in creating innovative employment opportunities to help the growth of the industry in a rapid technological era.

"I think there is lot of opportunity for the growth for Sri Lankan ICT industry in the global level with the fact that Sri Lanka got well educated workforce, great customer service and hard working attitude, Wang said.

The IT and BPO industry has generated an export revenue of 320 million dollars for the 2010- 2011 financial year.

The island is expecting to generate a billion dollar revenue by 2015.

Around 15,000 people are directly employed in the IT-BPO sector. The workforce is growing over 20 percent year-on-year. "Sri Lanka is really in a good position of growth now with the post conflict; with the several years of peace the country has been able to build a lot of infrastructure without distraction from the war," Internet pioneer and Silicon Valley