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Port City Colombo Signs MOU with Trace Sri Lanka to Grow Tech Industry
Sep 10, 2025

Port City Colombo Signs MOU with Trace Sri Lanka to Grow Tech Industry

Port City Colombo has taken a further step towards establishing itself as a pivotal technology hub in the region by entering into a formal partnership with TRACE Sri Lanka – a leading organization that promotes collaboration, creativity, and entrepreneurship through technology and innovation across disciplines in Sri Lanka. The MOU formalising the partnership was signed by Mr Xiong Hongfeng – Managing Director of CHEC Port City Colombo (Private) Limited, and Mr Kusal Subasinghe, Chairman of TRACE Sri Lanka. Also present at the signing ceremony were, on behalf of Port City Colombo, Stan Li – Chief Marketing Officer, and Radika Obeyesekere – Director of Investment Promotion and Marketing, along with Executive Director of TRACE Sri Lanka, Heminda Jayaweera.

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TRACE Innovation Connect 2024: Engaging Sri Lanka’s Tech Diaspora for National Growth
Sep 10, 2025

TRACE Innovation Connect 2024: Engaging Sri Lanka’s Tech Diaspora for National Growth

TRACE – Sri Lanka recently hosted TRACE Innovation Connect 2024 at TRACE Expert City, marking a significant step towards building collaboration between the Sri Lankan tech diaspora and their homeland. Organised in partnership with Work in Sri Lanka, the event successfully gathered over 100 expatriates, tech leaders, entrepreneurs, foreign delegates, and diplomats. This gathering aimed to enable a ‘brain gain’ for Sri Lanka by encouraging the migration of technical know-how and inspiring the Sri Lankan tech diaspora to actively contribute to the nation’s innovation and economic resilience. The event also showcased Sri Lanka’s evolving tech landscape and the country’s untapped potential on the global stage.

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Spring board to ‘unleashing a new era in start-up driven growth'
Sep 10, 2025

Spring board to ‘unleashing a new era in start-up driven growth'

In an impassioned call to action, Deputy Minister of Industry and Entrepreneurship Development, Chathuranga Abeysinghe, declared that Sri Lanka was ready to “unleash a new era of startup-driven growth, as he kicked off the prelude to Disrupt Asia 2025 — a four-day mega-event that aspires to redefine the nation’s digital economy and transform it into South Asia’s next innovation hub.

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