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ICT Sector
Sri Lanka has the highest literacy rate in the South Asian region and even in global standards (92 Percent). As far as ICT personnel are concerned, it has increasing resource pool of skilled, adaptable and cost effective IT labour force. Annual output of potential ICT personnel are; approx. 1375 personnel are passing out from public universities and training institutions. Approx. 4000 personnel are from the private sector ICT related institutions. Presently there are more then 25,000 IT labour force in Sri Lanka which expand at a rate of around 30 percent annually.
Presently there are about 150 software development companies in operation in Sri Lanka where estimated exports of software and related services of Sri Lanka for the year 2005 was US$ 82 million. Currently Sri Lanka act as an off – shore development center for USA, Ireland, UK, Australia etc. and joint venture development center for Sweden, Norway, USA, Japan. Etc.
Sri Lanka has the most liberalized telecom industry in South Asia comprising with 3 fixed and wireless local loop operators, 4 mobile operators and 5 public phone operators with up to 150 Mbps through satellite or fiber optic cable. Sri Lanka also has advanced infrastructure facilities in Ports, Airports and other logistical aspects.

Considering the government backing to the ICT sector, Sri Lankan government has recently launched an initiative to use ICT to develop Sri Lanka’s economy, alleviate poverty, improve the quality of life and the opportunities for all Sri Lankan people, which is widely known as e-Sri Lanka. Full set of e-commerce laws and IPR enforcement systems are in place in Sri Lanka providing conducive environment for the international companies to invest in wholly owned ventures or joint ventures.