President Dissanayake Stresses Digitalization as Key to Sri Lanka’s Global Competitiveness

Date:

President Anura Kumara Dissanayake has emphasized that Sri Lanka’s aspiration is to become a co-competitor among other nations, with digitalization playing a pivotal role in achieving this goal.

Speaking at the Innovation Island Summit in Colombo, the President highlighted the challenges Sri Lanka faces in the global economic race and underscored the importance of digitalization and innovation in elevating the country’s position.

“We are not a team that crossed the start line to run the race. Some have already run this race. We have to trail after them. Our attempt is to pace forward and become a co-competitor. We have not reached that position yet. We are facing an unfair race, and as a result, it has negatively impacted the Sri Lankan economy, community, and livelihoods,” he stated.

President Dissanayake invited international partners and investors to bring their businesses to Sri Lanka, assuring them of a positive environment for innovation, a strategic location, and a skilled workforce.

“Instead of a politically focused economy, we have a new government that focuses on the country’s priorities,” he said, reaffirming the administration’s commitment to fostering economic growth.

Encouraging local entrepreneurs, the President urged them to think beyond boundaries, take risks, and dream big.

“Dream big. Don’t be afraid to take the risk. Think beyond your boundaries. We are ready to support your idea from thought to end product,” he assured.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka’s Public Property Act: A Tough Law Driving a New Era of Accountability

By: Ovindi VishmikaSeptember 03, Colombo (LNW): Sri Lanka’s fight...

Reforming the Presidential System in Sri Lanka

By Adolf The recent arrest of a former President has...

S L’s External Sector Shows Resilience, but Sustainability Hinges on Policy and Stability

Sri Lanka’s external sector continued to demonstrate resilience in...

SL Private Sector Agri Innovation Thrives as NPP Policies Stifle Growth

Sri Lanka’s agriculture sector is at a critical juncture,...