Daily News Online
   

Saturday, 16 July 2011

Home

 | SHARE MARKET  | EXCHANGE RATE  | TRADING  | OTHER PUBLICATIONS   | ARCHIVES | 

dailynews
 ONLINE


OTHER PUBLICATIONS


OTHER LINKS

Marriage Proposals
Classified
Government Gazette

Lanka can reach $1b IT,BPO industry goal by 2015 - ICTA CEO

Sri Lanka can definitely reach the goal of one billion dollar industry in the IT and BPO sector by 2015 ICT Agency of Sri Lanka (ICTA) CEO Reshan Dewapura said.

Delivering his keynote address at the Sri Lanka 2011 Economic Summit organized by the Ceylon Chamber of Commerce in Colombo recently, he said according to Gartner the global potential for ICT and BPO market is expected to be $1.5 trillion while the addressable ICT and BPO offshoring market is estimated at $ 500 billion.

"Out of this only about 25 percent, i.e., $ 125 billion has been captured. ICT and BPO offshoring market is expected to grow up to US $300 billion within the next five years.

Sri Lanka hopes to capture between 0.5 percent and 1 percent out of this growth.

If this is achieved Sri Lanka's IT and BPO could go well beyond being one billion dollar industry by 2015. When we consider the ICT sector in Sri Lanka it can be affirmed with confidence that Sri Lanka's IT and BPO industry can reach the goal of the one billion US dollar mark by 2015.

It can be also affirmed that this industry in Sri Lanka could become about two to three billion US dollar industry in 2020.

This will also ensure that Sri Lanka's IT and BPO industry becomes the country's number one foreign exchange earner and number one employment generator by 2020.

Sri Lanka's past performance, including the rate of growth and the recognition by relevant reputed international and regional monitoring bodies, constitute a firm foundation for the above affirmation.

The resources available, Government's commitment and support and the holistic pattern of development as opposed to isolated development, all these plus points point to this affirmation, Dewapura corroborated.

EMAIL |   PRINTABLE VIEW | FEEDBACK

Telecommunications Regulatory Commission of Sri Lanka (TRCSL)
www.news.lk
www.defence.lk
Donate Now | defence.lk
www.apiwenuwenapi.co.uk
LANKAPUVATH - National News Agency of Sri Lanka
www.army.lk

| News | Editorial | Business | Features | Political | Security | Sport | World | Letters | Obituaries |

Produced by Lake House Copyright © 2011 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor