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News » Sri Lanka aims to earn $5Bn IT/BPM exports by 2025

Sri Lanka aims to earn $5Bn IT/BPM exports by 2025

Sri Lanka aims to earn $5Bn ITBPM exports by 2025

The Sri Lanka Association for Software Services Companies (SLASSCOM) is pushing to cross US$ 5 billion in export revenue by 2025.

This announcement comes as the industry body officially relaunched its Future Careers Bridge (FCB) website recently.

According to a press release, the 2.0 version of the FCB platform comes with a range of new features and an improved user experience as part of its plans to attract more Sri Lankan youth to join the ICT sector.

SLASSCOM Chairman Ashique Ali said, “Even with the IT/BPM industry on track to become Sri Lanka’s number one export revenue contributor, the sector grapples with recruiting skilled graduates into the ecosystem. This has become a primary reason for slowing our growth momentum.”

“With FCB 2.0, SLASSCOM has built a pathway for Sri Lanka’s talented youth to hone their skills further and to be employed by [the] best IT/BPM companies in the country to pursue their dream career in a sector that has a significant global presence,” Ali added.

FCB was created in 2019 to channel school leavers who lacked graduate-level qualifications but were interested in joining the sector to find employment in the IT/BPM industry. 

The platform was developed with the support of USAID’s youth employment and entrepreneurship project YouLead, along with the Royal Norwegian Embassy as Project Partner, HCL Lanka and Dialog Axiata PLC as Corporate Sponsors, and through the voluntary contribution of ideas, support, and expertise from over 50 IT/BPM companies in Sri Lanka.

Read more here.

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