IT & IT Enabled Services

Overview

Sri Lanka possesses a high-quality talent pool which has gained a reputation for innovative software solutions, and offshore services related to Finance and Accounting, Legal, Insurance, Banking and Telecommunications. A key driver within services sector exports, with earnings growing almost 10% YoY, ICT is considered a pillar of the economy with great expectations in terms of revenue growth and employment creation.

Statistics

  • $3bn Exports and 2x growth by 2025
  • Approx. $1bn Export contribution 2020
  • 300+ IT & BPM Companies
  • 85k + talent pool
  • Competitive cost and high productivity

IT and IT enabled services (US$ Mn)

Major markets

Major investors