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CEO CONCLAVE 2006
CEO CONCLAVE 2005
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More About Sri Lanka
 
A busy commercial port, a tourist destination complete with beaches and resorts, the seat  commerce and business—there are many faces of Colombo.

The country’s telecom sector is poised for rapid progress. At present, the focus areas are to open the market to competition and build network infrastructure.

There are a range of significant initiatives in place that promise to boost these factors. The Government has funded the installation of payphones across the countryside. By 2004 there were already 204,000 payphones installed. By then there were 4.8 million telephone lines in the country and an installed capacity of 5.8 million lines. Digitalization has almost reached 100 per cent. Sri Lanka is also the 3G capital of the SAARC region.

There are still hurdles to be crossed, though. At the end of 2005, the fixed line tele-density was a low 5 per cent, in comparison to the burgeoning demand. There were 250,000 fixed line subscribers, waiting for basic telephone services in 2002 which grew to 400,000 at end-2004.

To overcome these hurdles, the Government as well as the industry are working hard. And it is in the midst of this action that we will be there in Sri Lanka, watching the excitement first-hand.

While there, you can take the opportunity to explore several noteworthy monuments of Colombo—Buddhist and Hindu temples, mosques and churches that tell of the country’s diverse culture. Stroll along Galle Face Green for a fantastic view of the Indian Ocean and spectacular sunsets, or pick up a good bargain at the bustling Pettah area bazaar. Museums and art galleries abound for the culturally inclined and delicious street food for the gastronomical complete the Colombo experience.

Other parts of Sri Lanka are also waiting to be explored. From the ancient city of Anuradhapura that dates back to 500 BC and is a World Heritage site, to the fabulous beaches of the west, east and north coasts, excellent tourism facilities make travel easy and affordable. Nature lovers can visit the numerous national parks all over the country, especially the unique lagoon locations on the southeastern coast.

 
 
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