Oracle keen to establish South Asian AI and Cloud Hub at Colombo Port City

Oracle has expressed keen interest in establishing its South Asian AI and Cloud Hub at the Colombo Port City.

President Anura Kumara Dissanayake met with the Executive Vice Chairman of Oracle Corporation Mike Sicilia during the World Governments Summit held in the United Arab Emirates.

The discussion focused on Sri Lanka?s digital transformation, the adoption of fintech services, and cloud infrastructure to enhance economic and governance efficiency.

The President’s Media Division said that Oracle expressed its willingness to support Sri Lanka?s digitalization by providing Oracle Cloud Infrastructure (OCI).

President Disanayake 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 Mr. Mike Sicilia to send a team to Sri Lanka to facilitate this initiative.

Recognizing 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 Disanayake 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.