Oracle Corporation pledges support for Sri Lanka’s digitalisation

Saturday, 15 February 2025 01:39 - - {{hitsCtrl.values.hits}}

President AKD meets with Oracle Corporation Executive Vice Chairman Mike Sicilia on sidelines of World Governments Summit 2025
Dissanayake invites Oracle to establish Digital Transformation Hub in Port City Colombo
Oracle Executive Vice Chairman expresses interest in establishing South Asian AI and Cloud Hub in Port City

President Anura Kumara Dissanayake on Tuesday met with Oracle Corporation Executive Vice Chairman Mike Sicilia on the sidelines of the World Governments Summit 2025 held in the UAE.

The discussion focused on Sri Lanka’s digital transformation, the adoption of fintech services, and cloud infrastructure to enhance economic and governance efficiency.

Oracle expressed its willingness to support Sri Lanka’s digitalisation by providing Oracle Cloud Infrastructure (OCI).

President Dissanayake invited Oracle to establish a sovereign Oracle Cloud region in Sri Lanka to host Government applications, e-governance facilities, and a national data system while ensuring data sovereignty and regulatory compliance.

The President and Oracle’s Executive Vice Chairman also discussed laying the foundation for fintech and digital payment solutions to accelerate Sri Lanka’s transition to a cashless economy. As part of this initiative, Dissanayake invited Oracle to establish a Digital Transformation Hub in Colombo Port City, which would function as South Asia’s Artificial Intelligence (AI) and Cloud Hub. The President also requested Sicilia to send a team to Sri Lanka to facilitate this initiative.

Recognising Oracle’s regional vision for digital transformation and innovation, the Executive Vice Chairman expressed keen interest in establishing Oracle’s South Asian AI and Cloud Hub in Colombo Port City.

He highlighted that this move would strategically position Sri Lanka as a regional leader in AI-driven cloud solutions, fostering public-private partnerships and attracting cutting-edge technology investments.

During the discussion, Dissanayake reiterated Sri Lanka’s commitment to leveraging new technologies for governance efficiency, economic growth, and global competitiveness. He extended an invitation to Oracle to play a key role in Sri Lanka’s digital transformation journey.

Foreign Affairs, Foreign Employment, and Tourism Minister Vijith Herath, along with Western Province Governor Hanif Yusoof, also participated in the discussions.

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