About the project

The objectives of Tech City are fourfold:

To create new opportunities for people, connect them to each other and the rest of the world through technology, provide a conductive environment for collaboration, and thus inspire world class innovation.


1.2. Location

The Tech City Development Project focuses on the key town centers of Malabe, Athurugiriya, Kaduwela, and Homagama.


1.3. Description

The Tech City Project consists of four geographic development centers, or clusters. They are as follows:

Contact Name  Thematic area
 Malabe/Korathota  Hi-Tech
 Meegoda  Electronics Development
 Mahenwatta/Pitipana  Research, Development and Tertiary Education
Diyagama Leisure and Recreation

Refer the Map No.01

The Tech City Development Project will focus on attracting investors to these four centers, improving infrastructure in the Tech City Region, as well as attracting and retaining the human capital necessary to create a world class innovation hub in the Tech City Region.

Science and Technology City (STC)comprises mainly the knowledge services and research based education and training. Special infrastructure required for such services is expected to provide throughout this zone. Knowledge Services sector which encompasses IT software development, Knowledge Process Outsourcing / Business Process Outsourcing industry, Nano technology, bio technology, Geographic Information Systems and Data Centers, has tremendous potential to emerge as key growth sectors in Sri Lanka. Improving and introducing the IT based information access and service providing network have the potentials for increasing the efficiency of entire system of the country. Given the quality of students, level of English and literacy, geographic location, business friendly environment and socio cultural set up, Sri Lanka is in an ideal position to develop into a high value added research hub in next 15 years.

Science & Technology Corridor is placed next to “Outer Core Area” in the Megapolis Master Plan and linked with potential economic drivers in the region through well connected infrastructure network.

Sri Lanka is one of the well-established destination for Information Technology (software industry) and Business Processes Out-sourcing (IT/BPO). Many leading information technology research advisory companies have rated Sri Lanka as a promising outsourcing destination for the IT/BPO sector. Sri Lanka is focusing on strategic interventions and structural transformations for its transition into upper middle income country promoted by utilizing the available potentials within the region and capitalize on the key economic driver as the ‘Science & Technology innovation’.

Sri Lanka has earned $0.6 billion from the IT/BPO sector in 2014. It is expected that IT/BPO sector will become a major foreign exchange earner in the country with the potential of creating 150,000 employment opportunities by 2020. Further, Sri Lanka’s IT/BPO industry has set its vision to achieve US$ 5 billion in export by 2022 while generating 200,000 jobs and creating 250 start-ups in this process.

Please refer figure No.01

Even though Sri Lankan universities are producing qualified graduates who can take up opportunities in this sector, the supply rate is no match to the projected demand for next 5 years. Many universities, having understood this situation are striving hard to expand their IT/Computer science education. Another important factor is that the BPO sector could bridge the urban-rural divide as companies do not need to be based in Colombo thus paving the way forward for rural masses to get engaged from within their native environment.

Sri Lanka’s global position on IT/BPO sector grew rapidly in past five years and some of the achievements include the following.

• ATKearney ranked Sri Lanka among the top 25 destinations in their global ranking in the last three consecutive rankings
• Gartner ranked Sri Lanka among its top 30 global locations
• IBM, Tholons and several others ranked Sri Lanka at the top of their respective leader boards
• “Outsourcing Destination of the Year” award in UK by the National Outsourcing Association (NOA)


Sri Lanka’s geographic location at the southern tip of India places it at the crossroads connecting South Asia, Far East and the Pacific with Europe and the Americas. Post-conflict Sri Lanka, having graduated to a middle-income emerging market status, is working towards converting this strategic location advantage to position itself as the economic hub for the region.

Following the recent policy decisions further liberalizing trade activities involving customs, exchange control and other logistical elements, the country is now free to operate in a way similar to the highly successful hubs of Hong Kong and Singapore.


Future Potentials of the Sector

Branding Sri Lanka as a fast emerging South Asian Knowledge Services Hub for selected niche areas, making critical infrastructure such as electricity cost competitive, providing attractive tax concessions, encouraging the development of infrastructure such as IT parks that will promote software companies are some of the progressive steps that may be needed to ensure the rapid development of the sector. There are several other important ICT areas such as Datafication, Big data analysis, and Financial Portfolio analysis that deserve our special attention. Sri Lankan companies may take advantage of this trend either undertaking outsourced jobs or entering into joint ventures with the well-established organizations. Bioinformatics, Mathematical Solutions to Real World Problems, Geophysical Data Processing, Architectural CAD Drafting and Designing (CADD), On-line-Legal Services, On-line-Tutoring are some of the knowledge services that we are competent to provide and make a rapid and continuous progress.

There are several new trends that are emerging in the ICT sector. Cloud computing, the Internet of things, Smart systems and 3D printing are some of them. It is often speculated that there is a strong possibility of revolutionizing the industries in the future as a result of these new trends. Cloud computing has the capability of spreading rapidly through the developing economies, with the potentially profound impacts on business costs. It may also provide opportunities for ground breaking innovations. Similarly enormous opportunities are opening up in the other areas mentioned above. It is therefore necessary to prepare future generation of Sri Lanka to make the best use of these emerging opportunities and educational institutions must take appropriate steps in capacity building in this direction.

The national level competency development programs focus on building Sri Lanka as a Center of Excellence (COE) for key focus domain areas. Software services sector focus on Telecommunication, Banking Financial Services and Insurance (BFSI) and Software Testing. The BPM sector focus on Financial & Accounting services, Investment research, Engineering services and UK based Legal services. IT-BPM industry has been identified as a thrust industry by the government. Recognizing the potential of the industry, the government has taken number of positive steps by providing fiscal and other incentives and concessions to fast track the development of the sector.
Sri Lanka’s IT/BPM industry has set its vision to achieve USD 5 billion in exports by 2022 while generating 200,000 jobs and creating 250 start-ups in this process. The country’s overall strategic vision is backed by its focused approach to differentiation and target markets with planned initiatives for skills development and talent management. The industry’s e-development agenda supports this strategy by building an innovative and continuous collaborative environment conducive for growth. The prospective actions of the government and Western Region Megapolis Plan for the development of Science & Technology sector can be listed as follows.

• While Sri Lanka’s literacy levels are high in comparison with other South Asian countries and in par with developed countries, the government aims at further developing IT literacy as well as finance and accounting education

• Sri Lanka’s ongoing Government and Private Sector led infrastructure projects and telecommunication services are focused on closing the ‘infrastructure gap’ between Sri Lanka and its neighbors promoting nation-wide economic development

• National budget 2014 provides IT-BPM with special tax benefits to encourage the sector growth

• Funding and entrepreneur support

Potential Sectors of Growth as identified by Board of Investment for the development of IT sector is as listed below.

  • IT Software Development

There are over 100 software developments operations in Sri Lanka which caters to both independent and captive markets. Sri Lankan companies have been able to develop software products of their own which have earned them international recognition.

  • KPO / BPO Industry

The KPO / BPO industry is an emerging sector in Sri Lanka. A still nascent industry, within its short history since 2000, KPO / BPO sector has come a considerable distance while being able to attract some of the BPO / KPO giants in the world. Sri Lanka is growing in reputation for niche areas of Financial and other Professional Services, Transaction processing and Document management, and call centre services thanks to high literacy rates (approximately 92%) and growing accounting graduates pool.

  • IT Enabled Services

IT enabled and IT related Services sector identify projects which require extensive use of information technology for the provision of services such as Server farms, Business Services etc.

  • IT Research and Training Centers

In an effort to develop Sri Lanka to a Knowledge Services the education industry has been identified as one of the key areas of interest to the government of Sri Lanka. In order to ensure a consistent work force flow to meet the growing employee requirement of the knowledge services industry, IT Training has been identified individually and has been given priority.

Staff Details:

 Designation

 

Name

 

 Email

 

Telephone

 

 Project Director  Eng. LalPremanath  This email address is being protected from spambots. You need JavaScript enabled to view it.

+94 777 661 525
ext - 238

 Deputy Project Director (Business Promotion)  Mr. RahulaSenanayake  This email address is being protected from spambots. You need JavaScript enabled to view it.

+94 718 742 048
ext - 257

 Senior Engineer (Civil)  Mrs. ChandanieJayathilake  This email address is being protected from spambots. You need JavaScript enabled to view it.  

+94 777 366 147
ext - 249

Senior Engineer (Electrical/ICT) Mr. S.M.D.M. Ajith This email address is being protected from spambots. You need JavaScript enabled to view it.  +94 777 707 024
Engineer (Civil) Ms. ShaviniAwanthika This email address is being protected from spambots. You need JavaScript enabled to view it.  +94 772 349 857
Engineer (Electrical/Electronics) Ms. DevniAsheka  This email address is being protected from spambots. You need JavaScript enabled to view it.  +94 779 616 862
Business Development Officer Mr. ThanukaSasith This email address is being protected from spambots. You need JavaScript enabled to view it.  

+94 715 323 444
ext - 250

Quantity Surveyor Mrs. K.M.P.K. Konara This email address is being protected from spambots. You need JavaScript enabled to view it.  +94 715 303 402
Planning Officer Ms. PrabhashiniSubhasingha This email address is being protected from spambots. You need JavaScript enabled to view it.  

+94 774 341 072
ext - 269

Technical Officer Ms. ChamliShashiprabha This email address is being protected from spambots. You need JavaScript enabled to view it.  

+94 711 071 172
ext - 273

Project Secretary Ms. KanthiSamarawickrama This email address is being protected from spambots. You need JavaScript enabled to view it.  

+94 716 503 918
ext - 272

Management Assistant 01 Ms. ShehaniKaushalya This email address is being protected from spambots. You need JavaScript enabled to view it.  

+94 775 644 292
ext - 268

Management Assistant 02 Ms. SandaliLakchani This email address is being protected from spambots. You need JavaScript enabled to view it.  

+94 718 833 421
ext - 270

Management Assistant 03 Mr. SavinSandaruwan This email address is being protected from spambots. You need JavaScript enabled to view it.  

+94 719 023 368
ext - 267

Computer Operator 01 Mr. SharakaHarsha This email address is being protected from spambots. You need JavaScript enabled to view it.  

+94 717 909 628
ext - 276

Computer Operator 02 Ms. PawaniPerera


This email address is being protected from spambots. You need JavaScript enabled to view it.

 

+94 771 169 393
ext - 274

Office Employment Service 01 Mr. SasikaEkanayake This email address is being protected from spambots. You need JavaScript enabled to view it.  

+94 777 157 731
ext - 277

Office Employment Service 02 Mr. MangalaAmith This email address is being protected from spambots. You need JavaScript enabled to view it.  

+94 715 576 595
ext - 265

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