Sri Lanka Targets US$15 Billion Digital Economy by 2029

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Sri Lanka has set ambitious plans to achieve a fivefold expansion of its digital economy, aiming for US$15 billion within the next four years, Chief Advisor to the President on the Digital Economy and ICTA Chairman Dr. Hans Wijeyasuriya announced yesterday.

Delivering the keynote address at the main conference of Disrupt Asia 2025, Dr. Wijeyasuriya highlighted the government’s roadmap for digitalisation, positioning Sri Lanka as South Asia’s innovation hub.

He outlined three key priorities: tripling digital exports, doubling the digital talent pool, and elevating the country’s standing in global digital rankings by improving 25 points on international benchmarks.

“These steps are essential for unlocking Sri Lanka’s potential as a leader in the regional innovation landscape,” Dr. Wijeyasuriya said.

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