Sri Lanka Launches Ambitious Digital Drive to Modernize Industrial Sector

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By: Staff Writer

June 16, Colombo (LNW): Sri Lanka is actively pursuing a digital transformation program aimed at modernizing its industrial sector. It is a Joint initiative by Industries and Digital Economy Ministries by introducing  digital payments, readiness index, and Industry 4.0 adoption to boost productivity and competitiveness.

This initiative, spearheaded by the Ministry of Industries in collaboration with the Digital Economy Ministry, focuses on leveraging technology to boost productivity and competitiveness. The program includes streamlining public services, promoting digital payments, and digitizing key sectors like manufacturing.

Industrial and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe announced the launch of a new digital transformation program designed to modernise the industrial sector.

The initiative is being rolled out in collaboration with the Digital Economy Ministry to boost productivity and competitiveness through technology-driven solutions.

“We have officially kicked off our digital journey with the Ministry of Digital Economy,” Abeysinghe noted in a post via ‘X’.

He said the Ministry of Industries (MoIE) is taking bold steps to digitise its services and spearhead digital transformation across the industrial sector.

The program is a joint effort between the Ministry of Industries and the Digital Economy Ministry. The Ministry is digitizing its services and those of its affiliated institutions, starting with onboarding them to the GovPay platform for streamlined payments and service delivery

A key component is the launch of an Industry Digital Readiness Index to assess and accelerate the digital maturity of industries.

The GovPay platform, already used for streamlining public services, will be expanded to facilitate digital payments within the industrial sector.

The program emphasizes raising digital literacy and skills to ensure all citizens, especially those in underserved areas, can participate confidently in the digital economy, according to the Information and Communication Technology Agency of Sri Lanka.

The program aims to embrace Industry 4.0 principles, which involve integrating digital technologies into manufacturing processes to enhance efficiency and collaboration. It aligns with the broader National Digital Economy Strategy 2030, which outlines Sri Lanka’s vision for a digitally transformed future.

It is o enhance productivity and competitiveness within the industrial sector through technology adoption, and modernize industrial processes and operations through digital technologies.

It will contribute to Sri Lanka’s overall economic growth and development through a digitally empowered industrial sector.

Overall, the program represents a significant step towards modernizing Sri Lanka’s industrial sector by embracing digital technologies and promoting a more efficient, competitive, and inclusive digital economy, according to the Ministry of Digital Economy.

 “As a first step, all institutions under the Ministry will be onboarded to GovPay starting next month, streamlining payments and service delivery,” Deputy Minister Chathuranga Abeysinghe announced.

“We also finalised plans to launch the Industry Digital Readiness Index — a critical tool to assess and accelerate the digital maturity of our industries,” the Deputy Minister added.

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