Advancing Asia as a New Generation Digital Champion

SRI LANKA

Here is a summary of the economic impact and long-term value creation pertaining to our operating company, Dialog.

Dialog Axiata Plc

Dialog is the largest telecom network in Sri Lanka, providing world-class service to more than 13 million people around the country. It is one of the largest companies by market capitalisation listed on the Colombo Stock Exchange, and represents Sri Lanka’s largest Foreign Direct Investment.

USD 618 million invested in 2018

94,924 jobs supported

1.9%of GDP

USD1 CAPEX translates to USD 7.2 GVA Contribution

Dialog’s substantial operational activities and capital investment contributed significantly to the Sri Lanka economy in 2018 with an estimated total Gross Value Added (GVA) contribution of USD1,525 million, accounting for 1.9% of national GDP. In its Vision 2022 statement, Sri Lanka has set itself targets to expand its digital economy. This includes an export revenue target of USD5 billion, create a skilled workforce of 200,000, and launch 1,000 startups in the ICT sector.