The country should exploit the opportunity in the ICT sector to position Sri Lanka as the ITC hub in the region. According to the World Bank report on ICT for D (Development) Sri Lanka has the capability and capacity to develop as an ICT hub as in the case of India.
The future is poised to be the knowledge economy, Telecommunication Regulatory Commission Sri Lanka (TRC) Director-General, Priyantha Kariyapperuma told Daily News Business.
The country needs to move forward along with the efforts taken to promote and popularize information communication technology.
Last year was named as the year of ICT and English.
* BPO industry to thrive in time to come
* The country has a highly matured telecom industry
* ICT based economy - an achievement
The ideal economic model will be based on ICT and there is tremendous opportunity to capture market as the South Asia has a two billion population, he said.
There are indications that the BPO industry will thrive in time to come and with it ICT related exports will overtake all other exports. The TRC has taken action to recognize the BPO industry and facilitate smooth functioning of its day-to-day activities.
The country has a highly matured telecommunication industry with high-speed data transmission and latest technologies on par with developed countries. It is an advantage that the country possesses an intelligent trainable young workforce with high rate of literacy, Kariyapperuma said.
We need to train young graduates in ICT based education as in South Korea. In countries such as Malaysia and Portugal all schoolchildren carry a PC and when they pass out they are ICT friendly and employable. We need to adopt this process, he said. As Sri Lanka is connected with all leading and key international telecommunication lines with sufficient bandwidth it would facilitate to engage in ICT business with the world.
The international community should view Sri Lanka as an ICT hub to invest in ICT based economic development. Sri Lanka is ready to take-off as an ICT based economy and this will be an achievement in the 21st century.
The telecommunication industry is the platform for this take-off, he said.
There is a remarkable growth in the mobile telecommunication industry as the number of subscribers topped the 13.5 million mark in the fourth quarter last year.
A healthy telecommunication industry will encourage more and more ICT based businesses which will benefit the country, Kariyapperuma said.