Central Banks or Governments have not regulated cryptocurrency. Therefore, a paradigm shift is required in order to adapt to it.
These sentiments were expressed at the Sri Lanka Economic Summit 2021, organised by the Ceylon Chamber of Commerce.
Addressing a session titled, ‘Charting a Path towards a Technology Hub’ at the Sri Lanka Economic Summit 2021, key speakers at the session Srimathi Shivashankar -Corporate VP and Program Director -New Vistas, HCL and Dinesh Saparamadu, Chairman-hSenid Business Solutions emphasised the need to promote Sri Lanka as a destination to become the world’s first green ICT/BPO sector.
“ICT and BPO industry has grown consistently between 7-8 % and is aiming to be USD 5 billion industry in 2025. However, resource scale up is a challenge. focus is required on capacity building of talent and promoting women technopreneurship.”
“We have come from agricultural exports, then we went to manufacturing with apparel, but I think the greatest and the most accelerated foreign exchange growth is going to be this industry. And what we need to do is to invite the traditional companies that have been in both agriculture and manufacturing to get involved in our industry,” said Dinesh Saparamadu.
It was also recommended at the event to improve the human base and driving the industry’s growth exponentially can be achieved by providing nano degrees which are 4-6 month concentrate courses; by conversion programmes particularly for Arts graduates; and building more universities
Both speakers also highlighted the need to enable the next generation of start up while accelerating the opportunities in traditional and non-traditional tech firms.
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