📈 Port City Colombo Positioned as Hub for Global Tech & IP Creation
• Sector Overview & Key Figures: - ICT services rank as Sri Lanka’s 3rd largest export sector, according to the Export Development Board (EDB). - The sector encompasses 400+ companies and a workforce of over 140,000 professionals. - Total export value of the ICT/BPM industry currently reaches US$ 2 Bn and continues to grow, as reported by SLASSCOM. • High-Value IP & Defence Tech: - Local talent is generating globally competitive intellectual property, including defence technology and simulation software engineered in Sri Lanka for NATO, US, and UK defence forces. - Demonstrates Sri Lanka's capability to shift from outsourcing services toward high-value R&D and proprietary product development. • Strategic Value of Port City Colombo: - Acts as a springboard for technology exports by providing an international business environment with multi-currency transacting and flexible recruitment. - Offers regulatory certainty, transparency, and operational stability to attract global capital and long-term business investment.