"Influential Advocacy & Regional Development Organisation for Digital Sri Lanka"
www.friendsofsrilanka.org
Empowering Sri Lanka
Tagline: "Digitising Today for a Sustainable Tomorrow"
Summary of Pillar 1: This pillar aims to transform Sri Lanka's government services through a comprehensive digital platform, streamlining processes, enhancing transparency, and driving sustainability. By establishing a decentralized electronic framework, the initiative modernizes public sector management and positions Sri Lanka as a regional leader in e-governance. Investment in cutting-edge digital infrastructure will attract international investment, improve public services, and foster a transparent governance system. The ultimate goal is to reduce operational costs, increase efficiency, and channel savings toward debt reduction and economic stability.
Projected Value: USD 13.5 Billion over 5 years.
Pillar 1: Learn MoreTagline: "Building Trust, Empowering Change"
Summary of Pillar 2: This pillar focuses on leveraging blockchain technology to transform key sectors in Sri Lanka, including taxation, land registries, trade finance, e-commerce, healthcare, education, cross-border payments, travel and tourism, and government services. The initiative introduces a national cryptocurrency (SNC) through Government-Supported Public Offerings (GSPO), powered by sustainable, eco-friendly hydroelectric energy, creating a transparent and efficient financial ecosystem.
Projected Value: USD 27.5 Billion over 5 years.
Pillar 2: Learn MoreTagline: "Influential Advocacy – Empowering Tomorrow, Uniting Today"
Summary of Pillar 3: The Friends of Sri Lanka – International Community of Ambassadors pillar aims to create a global network of investors, entrepreneurs, and experts through exclusive VIP Visa programs (Golden, Platinum) and e-Residency initiatives. These programs are designed to attract substantial foreign direct investment (FDI), engage global enterprises, and cultivate a robust business ecosystem within Sri Lanka. By offering customized investment opportunities, long-term residency, and strategic business incentives, Sri Lanka will position itself as a global hub for business and innovation, driving economic growth and development.
Projected Value: USD 12 Billion over 5 years.
Pillar 3: Learn MoreTagline: "Strengthening Roots, Transforming Our Motherland for Our Next Generation"
Summary of Pillar 4: Focuses on creating a comprehensive platform to engage Sri Lanka’s diaspora, emigrants, and migrant workers. With over 3 million Sri Lankan emigrants and 2 million migrant workers worldwide, this initiative aims to harness the potential of the Sri Lankan diaspora by encouraging remittances, investments, and knowledge-sharing. By developing a centralized processing system, the platform will facilitate easier remittances, secure investments, and provide services to support the well-being and rights of Sri Lankans abroad.
Projected Value: USD 9 Billion over 5 years.
Pillar 4: Learn MoreTagline: "Fair Share, Stronger Future"
Summary of Pillar 5: The Digital Services Tax (DST) is a transformative initiative aimed at ensuring that multinational tech giants such as Google, Amazon, Facebook, Instagram, TikTok, LinkedIn, Twitter (X), YouTube, and other major revenue-generating digital platforms that profit from Sri Lankan markets contribute their fair share to the nation's economy in full compliance with Sri Lankan DST policy and law. While these platforms benefit significantly from Sri Lankan users, their current contribution to national revenue is minimal. The DST will establish a sustainable and steady revenue stream, reducing reliance on external debt, enhancing fiscal stability, and aligning Sri Lanka with global digital taxation practices.
Projected Value: USD 1.3 billion over 5 years.
Pillar 5: Learn More