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How FITIS set Sri Lanka on path to $ 15 b digital economy by 2030

Daily FT

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April 22, 2025

Outgoing Chairman Indika De Zoysa recaps key jatives during the past two years

How FITIS set Sri Lanka on path to $ 15 b digital economy by 2030

AS Indika De Zoysa completes his dynamic two-year tenure as Chairman of the Federation of Information Technology (Guarantee) Ltd., (FITIS), the organisation finds itself at the heart of a profound national transformation.

Under his leadership, FITIS has played a pivotal role in reshaping the country’s digital future, setting into motion a long term vision to establish Sri Lanka as a global digital hub. His time at the helm was not only defined by ambition, but by action, strategy, and a deep commitment to national progress.

FITIS, during this period, emerged not just as a representative industry body, but as a key architect of the national digital economy framework. Taking leadership in this critical national agenda, FITIS under De Zoysa’s chairmanship worked in close partnership with both public and private stakeholders to develop a roadmap that would position Sri Lanka as a competitive and inclusive digital economy. The highlight of this transformative journey was the announcement of the ambitious target to build a USD 15 billion digital economy by 2030 a bold but necessary step in realigning Sri Lanka’s economic priorities toward technology, innovation, and sustainable development.

The concept of a digital economy has evolved rapidly across the globe, and Sri Lanka, though small in size, holds immense potential due to its strategic location, talented workforce, and untapped digital resources. Recognising this, FITIS took on the responsibility to craft a blueprint that would leverage these advantages. Through De Zoysa’s strategic vision, FITIS initiated a series of national-level conversations and collaborations, aligning government ministries, regulatory bodies, academia, industry leaders, and international partners toward a common objective: making Sri Lanka a global center for digital excellence.

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