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Friday, March 20, 2015 - 04.43 GMT
ICT revenue expected to top US$ 1b in 2015


ICT exports are projected to top US$1 billion this year. Sri Lanka has launched the latest ICT Value Survey to find the national hi-tech exports it achieved in 2013 and 14 and all the ICT exporters are encouraged to actively take part in it.

"We have recognized the ICT industry to be a key player in our exports. We are looking for US$1 billion exports this year," Industry and Commerce Minister Rishad Bathiudeen said yesterday. The Sri Lanka Export Development Board (EDB), for the third time, has embarked on the survey of the ICT and BPM export industry to capture the ICT export values for the years 2013 and 2014. The survey is expected to demonstrate the progress made by the industry and to highlight its growing significance as a top export revenue generator for Sri Lanka.

The survey will be conducted in partnership with PricewaterhouseCoopers (PwC).

EDB Chairman and CEO Bandula Egodage said to evaluate the progress of ICT and BPM exports, one needs to continuously measure the growth of it and its contribution to the country's economy.

"The government has recognized the industry to be one of the key players in the Sri Lanka," he said. During the last five years, Sri Lanka's global brand position improved significantly.

AT Kearney ranked Sri Lanka among the top 25 destinations in their global ranking in the last three consecutive rankings. Gartner ranked Sri Lanka among its top 30 global locations. IBM, Tholons and several others ranked Sri Lanka at the top of their respective leader boards. In 2013, Sri Lanka ICT export revenues stood at $719 mn.






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Last modified: March 22, 2015.

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