Lanka’s ICT sector resilient during Covid-19 pandemic | Daily News
Webinar on Sri Lanka’s IT and BPO sectors:

Lanka’s ICT sector resilient during Covid-19 pandemic

The ICT Sector in Sri Lanka has continued to perform well during the first 9 months of 2020 despite the covid-19 pandemic.

With a growth rate of 8% for ICT exports, the IT sector has been one of the most resilient during the Covid-19 pandemic in Sri Lanka said Chief Delegate of the AHK/Sri Lanka Andreas Hergenrother.

He was speaking at a Webinar on ‘Sri Lanka: Business Opportunities in IT and Outsourcing’ initiated by the Embassy of Sri Lanka in Germany and organised by the Chamber of Commerce (IHK) Frankfurt am Main and the Consulate General of Sri Lanka in Frankfurt in cooperation with the Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) and the OAV - German Asia Pacific Business Association recently.

The audience comprised German and Sri Lankan companies.

The current level of bilateral trade is 1.2 billion Euros and Sri Lankan exports to Germany account for more than 755 million Euros and imports from Germany to Sri Lanka amounts to 317 million Euros. In 2019, Sri Lanka recorded a positive trade balance of Euro 438 million.

Ambassador of Sri Lanka to Germany Manori Unambuwe invited the more than 100 registered participants to look at Sri Lanka’s vibrant digital sector and its unique selling-points and gave an overview of the bilateral relations between Sri Lanka and Germany.

Mano Sekram of the Information and Communication Technology Agency (ICTA) who presented on Strengths of Sri Lankan IT Sector gave a detailed account of the special incentives offered in Sri Lanka to enable sustainable growth, Sri Lanka’s strong labour force of specialized experience and how to leverage Sri Lanka as your digital gateway to Asia.

Sekram highlighted that at present there are over 300 Sri Lankan companies accounting for 90% of Sri Lankan IT export. For many years, Sri Lanka has established itself as a hub for the international IT and Business Process Outsourcing (BPO) sector. Trailing the textile and tourism industry, IT/BPO sector accounts for 13.2% of service exports. Sales have passed the 1 US$ billion threshold.

Founder of LiveRoom, Sameera Nilupul and CEO, Personello Ulf Unbehaun, Dr. Svantje Huwel of Hessen Trade and Invest GmbH, Consul General Madurika Joseph Weninger and Managing Director for International Business of IHK Jurgen Ratzinger also participated in the event.