Monday, 22 November 2004  
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SEA on Govt.'s budget

The Chairman, Software Exporters' Association (SEA), Jayantha de Silva, says that the local software industry will benefit by the maiden budget proposals of the Government to encourage consumption of software, produced in Sri Lanka.

"We are pleased that our suggestions at the Budget Proposals meeting, called on by the Minister of Finance, Dr. Sarath Amunugama were accommodated," he said. The Association expressed its commitment to become a major industry in Sri Lanka, capable of providing software for local and export markets.

"Our primary objective is to develop this industry which currently has a revenue of US$ 75 million and employing 6,000, to one where revenue reaches US $ 1 billion, employing 40,000 people," he added.

Lanka has the skilled personnel to make this a reality and international companies should be encouraged to invest in the country and to develop partnerships with local companies.

The SEA has a membership of over 40 companies and is actively working with the Export Development Board, the Board of Investment of Sri Lanka and the ICT Agency to promote Sri Lanka as a premier software developer.

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