Showing posts with label FDI. Show all posts
Showing posts with label FDI. Show all posts

Monday, 31 August 2026

The Value of Tech Investments in Sri Lanka

"Stunning Night View of Colombo City Skyline" by Thilina Alagiyawanna is marked with CC0 1.0. 

I decided to write an article giving my vision of technology investments in Sri Lanka. I think technology multinationals are companies Sri Lanka should try to attract foreign direct investments (FDIs) from. Sri Lanka can focus on getting these companies to set-up their Sri Lankan operations with modern buildings being constructed. One area getting these companies to focus on is the South Asian region with South Asian headquarters being a possibility. If that’s too difficult an investment to obtain, another option is having a software development centre for South Asia. This includes India which is one of the most populated countries in the world. This would bring a massive number of Sri Lankan jobs.


In my previous article “Five Export Diversification Options for Sri Lanka”, two of the options I mentioned are computers & electronics and visual effects for Hollywood. As part of this, we can get technology companies to set-up manufacturing operations in Sri Lanka and attract global visual effects companies to have Sri Lankan offices.


Technology multinationals can bring advanced technology to Sri Lanka. These companies could offer modern services using this technology to the Sri Lankan market directly and also collaborate with others in Sri Lanka. I envision collaborations using this technology being agreements with Sri Lankan companies in the private sector to sell services through it and secure Sri Lankan government contracts with it. Tech companies could also do work for the Sri Lankan government on digitisation. I see their charitable activities as using their technology and expertise to benefit the poor and rural Sri Lanka.


This is a small selection I gave of the value of tech investments into Sri Lanka. There are many more possibilities I didn’t mention. Professionals involved in Sri Lanka’s technology sector and in obtaining FDI could expand on this with more detailed proposals. I’d be interested to hear if you have any ideas on tech investments in Sri Lanka. As Colombo has new buildings constructed, I am of the view that technology companies are a good sector for us to attract to enhance this contemporary trend.

Saturday, 13 December 2025

Suggestions for Sri Lanka's Cyclone Ditwah Recovery



Sri Lanka suffered one of its worst natural disasters with Cyclone Ditwah which brought severe floods. Numerous lives have been lost, people are missing, houses are damaged or destroyed, some roads & railway tracks can no longer be travelled on among other problems. This is troubling as Sri Lanka is still recovering from its recent economic collapse. Relating to Sri Lanka’s economy, the IMF Mission Chief for Sri Lanka Evan Papageorgiou revealed that Sri Lanka has requested approximately 200 million USD of assistance due to Cyclone Ditwah. The IMF Executive Board is considering this request and will decide whether to approve it. In this article, I am writing suggestions for Sri Lanka’s Cyclone Ditwah recovery.


FDI

It would be very beneficial for Sri Lanka to seek foreign direct investments (FDIs) in sectors most affected by this crisis. Railways is a sector that has been seriously damaged. It has been reported that only 30% of Sri Lanka’s railways can be used following the cyclone damage. This comprises 478 km out of a 1,593 km total. It’s important to seek FDI on railways which includes improving the railway network to what it previously was. This could focus on upgrading railways including issues like electrification.


Agriculture has been seriously affected with floods overwhelming agricultural fields with water. Tea planter Roshan Rajadurai stated on dailymirror.lk that the tea industry is predicting a 30 to 35% reduced output. Farmers are facing serious crop damages. Lieke Schröder, a foreign investor based in Sri Lanka wrote an extensive social media post a few months ago dealing with foreign investment in agriculture. She stated that agriculture is presently estimated to only cover 0.24% of FDI. Lieke points out that she’s seeing a shift which includes the government taking efforts to solve issues foreign investors encounter, the Board of Investment (BOI) recognising investment projects in the North and her meeting startup founders combining agriculture and technology. Having FDI investment in agriculture can fasten its recovery and work to make this sector in a stronger state than ever before.


Other sectors which we should seek FDI include roads. This would be very useful for efforts to rebuild roads. Micro, Small and Medium Enterprises (MSMEs) are businesses who have been seriously affected by this cyclone. Having FDI investment into MSMEs can save them from getting out of business and can restore them to make a positive contribution to Sri Lankan society.


PPP

The private sector has an important role to play in the recovery. The government should in my view have public-private partnerships (PPPs). As the government is working on restoring Sri Lanka, they should collaborate with the private sector when they have the skills and incentive to get involved. These would be a set of initiatives covering a range of sectors. An example could be a PPP with the construction sector focused on rebuilding efforts.


Aid

We have a necessity to seek foreign aid. Types of aid the government should make an effort to obtain include aid programs focused on disaster recovery and climate change. Aid could also cover sectors I’ve mentioned above for FDI which are railways, agriculture, roads and MSMEs.


Look at Other Countries

We need to look at other countries who recovered from similar disasters. A focus should be made on developing countries and other countries in Asia as they will have similarities with Sri Lanka. The government should talk to the foreign heads of missions who can advise us based on their experiences.


Final Thoughts & Conclusion

I propose the government have an independent investigation carried out to find out why the Sri Lankan system failed in its response to Cyclone Ditwah. It should be conducted by independent professionals who aren’t involved in politics of the government or any opposition parties. This investigation should give the steps to be taken to prevent future natural disasters from causing devastation.


In rebuilding efforts for homes, roads, buildings, railways and more, we need to design and build them to withstand future disasters. The best engineers should be involved in these efforts. It was good to hear the Sri Lankan President Anura Kumara Dissanayake stating that construction will not be allowed in flood zones and in areas with high-risk of landslides as part of the government’s relief for rebuilding homes.


We need to ensure that our recovery from Cyclone Ditwah does not hinder the economic progress we have made. It needs to be coordinated with our economic recovery. We need to engage with the international community to ease and accommodate our debt burden based on our current situation. Sri Lanka can’t afford to undo the economic gains made with another economic collapse.


This article does not cover all sectors damaged by Cyclone Ditwah and the full scale of what took place. That is outside the scope of this article. These are a set of suggestions for Sri Lanka’s recovery. I would appreciate hearing from others providing more suggestions on how to come out of this crisis. I am thinking of everyone affected by this unspeakable tragedy which includes those who died, got injured, lost loved ones, got their homes destroyed or damaged, farmers who suffered damaged crops among everyone else. I’m hopeful Sri Lanka will find a way to recover from this crisis.

Saturday, 26 August 2023

Sri Lanka's Role in the World's Most Populous Region

Tomas Pueyo recently wrote an article “Why Half of Humanity Lives in This Circle”. The circle he is referring to is known as the Valeriepieris circle as it was posted on the site Reddit by Ken Myers under the username valeriepieris. This circle is in much of Asia. I found it interesting as Sri Lanka is part of this circle. Sri Lanka is also part of the world’s most populated continent, Asia. I decided to write an article about Sri Lanka’s role in the circle which can also extend to Sri Lanka’s role in Asia. I’m presenting a positive fact about Sri Lanka with suggestions on how Sri Lanka can take advantage of this, especially during its current economic crisis.


Ken Myers’ Valeriepieris Circle from Reddit


Exports

This is a region that Sri Lanka can work on increasing its exports. Exporters of food should look for countries in this region who have a demand for agricultural items and packaged goods. Some packaged goods can be popular in regions nearby due to similarities in culture with Sri Lanka including neighbour India that is one of the world’s most populous countries. Items can be produced in Sri Lanka to support products manufactured in this region e.g. car parts. In the process of our export diversification, it’s important to look at how it can support this region.


FDI & Business Collaboration

Sri Lanka should try to seek foreign direct investment (FDI) from this region. We need to attract investment from successful industries in these countries to improve their counterparts in Sri Lanka. Companies from these countries can open offices in Sri Lanka to provide jobs with higher salaries than average. Sri Lankan businesses can seek business projects servicing clients in this region to cater to the majority of the world’s population.


Two years ago on this blog, I had mentioned an agreement signed between Sri Lanka’s Confederation of Micro, Small and Medium Industries (COSMI) and the European Association for Trade - Crafts - Industries (EIVHGI) in Vienna. Similar agreements can be signed with business organisations in this region.


Learn from Countries’ Successes

Countries in this circle have successes they are highly regarded for which Sri Lanka can learn from. I’ll give two countries’ successes. The South Korean economy went from an agricultural economy like Sri Lanka to one of the world’s leading economies. South Korea initiated policy reforms that led to significant growth in exports. Two important factors are the improvements they made in performing business and policies in support of innovation.


Singapore has taken strides in the fight against corruption. Their government agency responsible for investigating bribery and corruption is the Corrupt Practices Investigation Bureau (CPIB). When Singapore received self-governance in 1959, corruption was very prevalent in the government. Years later, following Singapore’s independence, laws were updated to strengthen the powers of CPIB officers and increase penalties for those guilty of corruption. It’s important to note that the CPIB’s powers to investigate corruption includes the private sector. These are a few positive changes initiated in these countries with many more successes to learn from. We can invite professionals from these countries to bring their expertise to help improve Sri Lanka.


Movement

This idea goes beyond Sri Lanka with the potential for a movement that can invite people from all these countries to have a voice on the world stage. This should be carried out by ordinary people and not involve politicians due to issues of bribery, corruption and bad character being unfortunately present among politicians in Asia. A focus on this movement should be on common improvements people in this circle wish to see.


This was a simple exercise I carried out. Sri Lanka being part of the world’s most populous region is a little-known positive fact for Sri Lankans to enjoy. I invite others to contribute on this topic. I’m keen to see what others can come up with using an in-depth analysis for Sri Lanka and other countries in the Valeriepieris circle. If you enjoyed reading this, you may be interested in my blog posts “Virtually Exploring Five Asian Cities” or “Sri Lankan Private Sector Development Proposal”.

Saturday, 4 February 2023

Sri Lanka at 75

Today, the Fourth of February 2023 marks 75 years of Sri Lanka’s independence from Britain. Unfortunately, it’s so tragic that Sri Lanka is in one of its darkest periods right now, going through a severe economic crisis. I wish Sri Lanka was in a much better place without all the current and long-term problems that predated the crisis. I decided to give a short reflection on this anniversary of Sri Lanka’s independence. My view is that the corrupt politicians may be able to steal Sri Lanka’s money & resources and use its people, but they cannot take away the meaning and importance of the country, including Sri Lanka’s Independence Day. We Sri Lankans must not let them do that.


Sri Lanka’s Independence Day represents breaking free from colonialism which the country had suffered greatly from. Though the British became the first colonial power to colonise the whole island in 1815, Sri Lanka had been colonised by the Dutch & Portuguese prior to the British having experienced a total of almost 400 years of colonialism. This day is also a day to enjoy and celebrate Sri Lanka. 75 years of independence is a landmark anniversary for Sri Lanka. Sri Lankans of all generations can look back to positive memories and experiences of theirs in Sri Lanka covering 1948 to the present day. This can include beautiful Sri Lankan scenery you’ve seen, trips taken with family and/or friends, great Sri Lankan days of yours and much more.


A positive aspect of Sri Lanka’s independence movement is that it was achieved peacefully. That gives us hope of what we can achieve with sensible movements for change in Sri Lanka. May we gain wisdom to take Sri Lanka forward. We must learn from our wrongdoings, failures and mistakes. Let’s make the next 75 years much better than the previous 75 years. We need to do this for our future generations. We can make Sri Lanka clean, transform our bad politics into something good, remove discrimination, have a unified Sri Lankan identity, diversify our exports, attract needed foreign direct investments (FDI), build a stable economy and more. Happy Sri Lankan Independence Day!

Thursday, 26 November 2020

Sri Lanka 50 Years of Metric: Late Changes and Current Usage

Trilingual highway sign in km in modern Sri Lanka 


This is part two of the article "Sri Lanka 50 Years of Metric" giving the story of how Sri Lanka switched to the metric system as this year is the 50th anniversary of Sri Lanka's metric system adoption. Click here to read part one. This part will go over late changes of conversion carried out, the drawbacks that exist today and Sri Lanka's current usage of the metric system. This article will be holding the Sri Lankan government and the National Metric Conversion Authority to account for their performance in converting Sri Lanka to a metric country. The images of the three posters featured in this article were taken at the National Archives of Sri Lanka of the National Metric Conversion Authority Archives Holding #143. The holding details are mentioned in brackets below each poster image.


Late Conversions

Following the National Metric Conversion Authority's disbandment, in the 1980s Sri Lanka was in a

very muddled state of measurement. According to page 326 of "Insight Guides Sri Lanka" Fifth Edition

(1987), during that decade the odometer of some cars were measured in kilometres with other cars in

miles. They also mentioned that most people still thought in imperial units and that the government

was very involved in converting the country to metric. An example of changes that decade was the

new metric construction regulations in 1986 which came as the Planning and Building Regulations.

These regulations were brought under the Urban Development Authority Act via a Government

Gazette.  


The Survey Department of Sri Lanka was metricating their maps in the 1980s. These new metric maps had a scale of 1:50,000 and were completed from 1985 to 1996. The way the 1:50,000 scale works is that 1 millimetre on the map is equal to 50,000 millimetres (50 metres) on the ground. Therefore, 1 centimetre is equal to 0.5 kilometre and 2 centimetres is equal to 1 kilometre. If the whole 1:50,000 scale map of Sri Lanka was drawn, it would have the dimensions of 8.64 metres by 4.48 metres which is 38.71 square metres, the size of a small apartment. For practical purposes, the topographic map of Sri Lanka is divided into 92 map sheets with a name and a sheet number.


A New Measurement Act 

As a result of Sri Lanka having a new measurement system, an act was needed to legally specify the metric system. A new act was created in 1995 which specified the units to be used in its schedules. This act was known as the Measurement Units, Standards and Services Act, No. 35 of 1995. Mrs. Devalakshmi Balasundaram who was part of the National Metric Conversion Authority, was involved in the drafting of this act. The act established the Measurements Units, Standards and Services Department (MUSSD) in 1997. The MUSSD is responsible for Sri Lanka's use of the International System of Units (SI Units). 


Imperial Hangovers 

Unfortunately, a noticeable amount of imperial units continue to be used in Sri Lanka. Feet and inches

are still in widespread use. Height of buildings is usually given in metres, but it's common to see

heights of mountains and above sea level in feet. Feet and/or inches is used in some product

descriptions, dimensions or sizes. Feet is sometimes used in signs and research publications. The

advertising industry uses feet for billboards (which stands in contrast to centimetres used for

newspaper ads). The width of a road is referred to in feet. 


Some industries that use imperial include tailors using inches (which stands in contrast with fabric sold by the metre), golf courses using yards and recipes using inches. British thermal units (BTU) and horsepower are still being used. The Chairman of the National Metric Conversion Authority Mr. H.L.K. Goonetilleke said in a 1979 speech that the Paddy Marketing Board is switching away from the bushel, yet bushels still have some use for paddy in agriculture. Feet has some use in dams. Related to it, acre-feet is still used for reservoir capacity, though it's getting more common to see Million Cubic Metres (MCM) used instead. Cubic feet have some use for natural gas.


Some mileposts remain, though it is mostly kilometre stones which are seen throughout Sri Lanka. A

2004 letter to the editor reported that there are sellers in Gampaha measuring rice in the traditional

seruwa dry measurement as well as textiles sold by the yard. There is also the issue of incorrect metric

usage, where kilometres per hour is usually referred to in the incorrect abbreviation kmph including on

most road signs. The correct abbreviation is km/h.


Temperature

Celsius is used consistently for temperature, yet many Sri Lankans use Fahrenheit for body

temperature. However, progress has been seen in this sector, as it is increasingly common to see Sri

Lankans using Celsius for body temperature. A poster shown below produced during metrication

shows the difference of one degree increments in Celsius for body temperature. Contrast this with the

Fahrenheit scale which uses decimal places for the same information. Also, some devices which heat

tea leaves in tea plantations use Fahrenheit as the equipment is very old. This provides a great

opportunity for Sri Lankan entrepreneurs or the private sector to create new modern digital devices

using Celsius to replace the old ones that could utilise smart technology. 


Poster on Temperature in English made during metrication which is useful in educating Sri Lankans

today about body temperature in Celsius (SLNA 143/57)


Metric Paper 

Sri Lanka uses the metric A4 paper, yet many digital documents are in Letter format (a US non-metric paper size that is shorter and wider than A4) due to the unfortunate issue of piracy, where pirated software is used directly from the US that has US settings. It can also occur in free services like Google Docs due to it having Letter as the default setting. Documents can be changed to A4 in the settings. Using A4 paper for both digital documents and sheets of paper will not give you the extra white space on the top and bottom when printing a Letter document on A4 paper as both dimensions are in alignment.


Metric Area Measurements

Area measurements is a sector that still has imperial set as its primary measurement units. The usual practice in this sector are square feet for houses & buildings and perches, roods & acres for land, though square kilometres are used for the sizes of large lands. Frontage is also referred to in feet. It is worth noting that Dr. Ronald T. Wijewantha (Chairman of the National Metrication Board) mentioned in a 1974 talk that after the metrication process all transactions including land should be in metric and that the Measurement Units, Standards and Services Act, No. 35 of 1995 requires land to be sold in metric units.


However, there are some sectors where metric area measurements have significant use, is the

preferred or standard unit. The government uses metric area measurements as their primary units

such as square metres for built-up areas. However, certain government departments' area

measurements are set to imperial and some government personnel may revert or choose to use those

units. The state run Board of Investment (BOI) has some area investment conditions in imperial and

some in metric which can be confusing for international investors to secure much needed Foreign

Direct Investment (FDI). When it comes to foreign funded or assisted projects, it is common to see

metric area measurements. It is good to see this occurring even in instances when the foreign

involvement comes from another metric country that still measures area in imperial units such as

Singapore or Hong Kong. 


The agricultural industry often uses hectares. Many tea plantation signs give its extent in hectares. I

am not sure if it applies to other agricultural plantations. Hectares is the preferred unit in forestry

including reforestation. Some researchers use hectares in their research on land issues. Surveyors

report in both imperial and metric with hectares being the primary unit. While many architects use

square feet, square metres have some usage in architecture. The construction industry and civil

engineering uses square metres. The floor space for convention and exhibition stalls are rented out in

square metres. Sri Lanka's post-war demining work is done in square metres. It is common to have

square metres used for swimming pools' area. Also, there are the occasional uses of metric area

measurements used in instances with no foreign or government involvement which are the size of a

building/land, property listing of a house, apartment or land and office space for rent or lease. These

instances are listed in either metric and imperial or metric only.   


All metric tea plantation sign including hectares as Ha 

© Martin Silva Cosentino | Dreamstime.com 


According to materials produced during Sri Lanka's metrication, this sector was intended to be

converted properly, as can be seen by posters made about metric area measurements by the National

Metric Conversion Authority featured below. These posters are useful today in educating Sri Lankans

about metric area measurements. Though square metres still isn't frequently used, it is good to see

that this unit has been used in Sri Lanka for a long time, as in 1971 latex/oil blending for the rubber

industry estimated its cost at 50 Rupees per 100 square metres.


Sinhala Conversion Poster on Metric Area Measurements (SLNA 143/61)


English Poster on Metric Area Measurements (SLNA 143/60)


I will mention some factors that may have contributed to the present situation. Many property

transactions are direct person to person. The Metric Units (Consequential Provisions) (Amendment) Act, No. 10 of 1983 that converted laws to metric used decimal places in its square metres conversions from square feet. There is this misconception that when listing small land in metric in Sri Lanka you would use decimal hectares instead of square metres as some government projects use this. 85 square metres sounds better than 0.0085 hectares. It is interesting to note that the 6th Departmental Survey Regulations by the Survey Department published this year, mentioned that if land surveyed has one or more decimal points in hectares, its equivalent size should be provided in square metres to assist the layman.


The government had two opportunities to educate the public and convert the area measurement sector

to metric which they unfortunately did not use. The first was during Sri Lanka's metrication, as square

metres could have easily been introduced to the general public while it was being introduced to the

construction industry. The second was with the passing of the Measurement Units, Standards and

Services Act in 1995. Those interested in this topic may wish to check out my article "The Case for

Metric Land Measurements in Sri Lanka" about this issue. 


Media

The media keep using certain imperial units most notably feet, inches, imperial area units, and to a

lesser extent yards and miles. This encourages Sri Lankans to sometimes think in old units, especially

the younger generations who have been educated in metric. It is not good to see an article using feet

many times without a mention of metres after several decades of metrication. 


Government

Most legislation is in metric, and there is a small amount of imperial legislation that remains either due

to those legislations having not converted or with the government's continued use of imperial in some

sectors. The government's main continuing imperial use includes feet and imperial area measurements

in legislation, regulations, projects or studies. 


Confusing Mix-Ups

Having feet and inches in widespread use results in some cases of a confusing mix-up of units. I will

mention a few of these I have noticed. Doors sold with height/width dimensions in feet and thickness in

millimetres - the correct practice is millimetres for all units. Exercise books giving dimensions in inches

and paper quality in grams per square metre (gsm) - the correct practice is dimensions in millimetres

or centimetres and paper quality in gsm. It is due to an incorrect perception in Sri Lanka of the foot

being a valid alternative to the metre and the inch being a valid alternative to the centimetre that leads

to these non-legal units having official uses with laws on metric units being ignored. Going back and

forth between feet and metres which occurs in Sri Lanka can lead you to confuse one unit with the

other.  


Suggestions to Complete Metrication

The main reason for some continuing imperial usage is because the National Metric Conversion Authority let the old units continue to be used alongside their metric counterparts in some sectors according to Dr. G.M.S. de Silva (Secretary of the National Metrication Board) in his article "Confusion over half-way conversions". Our continuing use of imperial in some sectors is preventing us from using the full potential of the metric system. It is unfortunate that some units that are no longer legal continue to be used. As this is the 50th anniversary of the metric system adoption in Sri Lanka, I think it is good to strive for a better usage of the metric system. This includes getting familiar with and using metric units in a sector where it is not common, e.g. road widths in metres, tailoring in millimetres, body temperature in Celsius, etc.


The following are my suggestions to complete metrication. I call on the MUSSD to carry out a study on

how well Sri Lanka is using the metric system and work to complete metrication. The MUSSD should

convert industries still using imperial including tailoring and area measurements to metric. Businesses

selling rates and/or working in old units should be required to switch. The MUSSD should come up

with requirements and give industries a timeframe to get used to it before enforcing it. They can

educate industry & the general public on body temperature in Celsius, square metres and hectares

including incorporating those units into schools' and higher education institutions' curriculums. The

media should introduce metric guidelines for their staff and metricate their newspaper property listings.

Further, future speed signs should use the correct abbreviation km/h with the existing ones gradually

replaced. 


Examples of Metric Usage in Day to Day Life

The following are examples of metric usage in Sri Lanka right now.


Petrol filling station in litres


Height above sea level of town Balana at train station in metres


5 metre bridge height clearance sign


 

Distance sign in kilometres


Kilometre stones


Distance signs to places in metres


Supermarket items in kilograms


5000 millilitre (5 litre) bottled water


Celsius oven 


Tissue sizes in millimetres 


Conclusion - Metric Sri Lanka

While it is true that some imperial usage continues, the metric system is the measurement system used by Sri Lankans. We have made significant progress from the muddled measurement of the 1980s. Metric usage has been increasing in Sri Lanka due to the younger generations being the most metricated. Even the less popular metric units square metres, hectares and body temperature in Celsius are used more. Metric units are frequently seen throughout Sri Lanka. Thank you very much to former Surveyor General of Sri Lanka Mr. Elmore Perera for taking the time to be interviewed by me to discuss metrication in the Survey Department, Director General of the National Archives of Sri Lanka Dr. Nadeera Rupesinghe for her assistance prior to visiting the National Archives and to Prof. David Robson (Architecture) & Dr. Lalith Goonatilake (Trade & Development Specialist) for responding to my queries relating to this article.


Making Sri Lanka a metric country helped the country's exports and made measurement more convenient for the country. Sri Lankans' use of the metric system in their day to day life includes purchasing food by the kilogram, filling up petrol by the litre, reading the weather in Celsius and driving distances in kilometres & speeds in kilometres per hour. Sri Lanka has used the metric system for 50 years and will continue doing so going forward.