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Here are 3 major technological strides in Sri Lanka you should know
The country's recent advancements in electric vehicles, innovation competitions, and the digital economy highlight its commitment to embracing modern technology and promoting sustainable development.
The joint venture is based on the shared objective of aiding the Sri Lankan government's initiative to reduce emissions in the commercial vehicle industry. Photo: ft.lk
Sri Lanka has made substantial advances in a variety of technological sectors, demonstrating the country’s commitment to innovation and sustainability.
The country’s recent advancements in electric vehicles, innovation competitions, and the digital economy highlight its commitment to embracing modern technology and promoting sustainable development.
Below are three key advances in the sectors of electric vehicles (EVs), innovation competitions, and digital economy.
Electric Vehicles (EVs)
In a developing move, Gavinro Investments and Sokon Singapore launched Sri Lanka’s first electric commercial vehicle in December 2023. This car has an astounding range of 300 km on a single charge, representing an important milestone in the country’s transition to sustainable transportation. The debut of an EV is more than just a reduction in emissions; it is a declaration of will for a better future.
The EV sector in Sri Lanka seeks to solve environmental problems by reducing dependency on fossil fuels and minimising greenhouse gas emissions. This project reflects worldwide trends and illustrates Sri Lanka’s dedication to environmental care. By encouraging the usage of electric vehicles, the country is taking proactive steps to improve air quality and minimise its carbon footprint, targeting a benchmark for other developing nations.
Innovation Competitions
Sri Lanka’s commitment to promoting innovation is demonstrated by efforts such as the “Sahasak Nimavum” International Inventions and Innovations Competition. The Sri Lanka Inventors Commission organises this competition to showcase both local and international inventions. The event covers a variety of topics, including public safety, information and communication technology (ICT), and environmental conservation.
The “Sahasak Nimavum” competition invites inventors and innovators to showcase their ground-breaking ideas and solutions, creating a culture of creativity and problem-solving. It also gives inventors the opportunity to obtain attention and support, which may lead to the commercialization of their discoveries. This competition emphasises the role of innovation in generating economic progress and tackling societal concerns, establishing Sri Lanka as a magnet for creative minds.
Digital Economy
Sri Lanka’s attempts to improve its internet infrastructure are laying the groundwork for a thriving digital economy. This transition is driven by initiatives aimed at strengthening e-governance and digital services. By incorporating innovative technologies into public services, the country hopes to streamline processes, increase efficiency, and improve the general quality of life for its people.
Improving the digital infrastructure helps Sri Lanka achieve its goal of broader integration into the global technological ecosystem. By promoting a digital economy, the government can attract foreign investment, create high-tech jobs, and enhance economic growth. This digital transformation also coincides with global digitalization trends, positioning Sri Lanka as a competitive competitor in the worldwide market.
