The Oracle Corporation expressed its willingness to support Sri Lanka’s digitalization by providing Oracle Cloud Infrastructure (OCI).
The announcement was made during the World Governments Summit held in the United Arab Emirates yesterday (11).
President Anura Kumara Dissanayake met with the Executive Vice Chairman of Oracle Corporation Mike Sicilia. The discussion focused on Sri Lanka’s digital transformation, the adoption of fintech services, and cloud infrastructure to enhance economic and governance efficiency.
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, President Disanayake 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. He also requested Mike 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, President 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.