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

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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.

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