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Difficulties in entering the computer/telecoms equipment and component trade

"Sri Lanka has realized the importance of getting into the ICT sector, but it is very difficult. We have tried to create the right environment. We have come to an agreement with India: ICT equipment can be exported to India duty-free. But we have a hard time attracting investors. They say: why do we have to go to Sri Lanka -- we are already operating in India? We point out that it is cheaper to transport from Colombo to Madras than from New Delhi. But still they don't come."

-- Lalith B. Gamage, Managing Director, Institute of Information Technology, Colombo, Sri Lanka.

(Reporting: Peter Hulm, ITC)

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