Sri Lanka’s IT and ITES exports have more than doubled over the past five years

Posted on March 20, 2015  /  0 Comments

Not bad for a young industry. But I do hope the results of the survey will be disclosed quickly and with breakdowns of export and domestic earnings and employment. Last time it had to be extracted in dribs and drabs.

“Sri Lanka has launched an ICT value survey to find the national hi-tech exports it achieved in 2013/14.” the minister said in a statement.

“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 a looking for US $ one billion in exports this year.”

In 2013 the islands ICT export revenues were 719 million US dollars and the sector reported a growth of 123 per cent over the last five years.

The London Stock Exchange and HSBC are among recipients of country’s ICT support.

The minister’s statement says, Sri Lanka’s IT/BPM sector vision 2022 is to earn five billion US dollars in revenues while also creating 200,000 direct jobs and 1000 start-ups.

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