US $ 1mn worth immediate contracts for Lankan firms at Japan IT Show


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Six Sri Lankan IT companies that participated in the Japan IT Show held last month have bagged US $ 1 million worth of immediate contracts and several calls for joint ventures, a press statement issued by Sri Lanka’s Export Development Board (EDB) said. 

The companies that were facilitated to attend the Japan IT Show were: Kasper Holdings Ltd, Just in Time Group, Openarc Systems Mgt Ltd, IronOne Technologies, Orion Development Ltd and hSenid Software International Ltd.

“The EDB-facilitated Lankan delegation of leading six ICT/BPM firms generated more than 35 international software business leads and entertained 12 inquiries for serious joint ventures in a short period of three days in their first-ever participation at historic Japan IT Show held in May,” the press statement said. 
In organising this, the EDB received the timely support of Japan External Trade Representative Office (JETRO) and Japan IT Services Association (JISA). 
Japan has been identified by the EDB as promising market for the export of Lankan ICT/BPM. 

Touted as Asia’s leading IT show Japan IT Show is a 24-year-long historic series where top global industry VIPs, CEOs converge. 

The latest spring show was held at Tokyo Big Sight during May 13-15 and packed almost 83,000 international industry visitors from 45 countries along with exhibitor participation from 19 countries.

A seminar themed ‘Sri Lanka - Next IT and BPM Destination’, which was organised by the EDB in collaboration with the Sri Lanka Embassy in Tokyo and JETRO to introduce Sri Lanka’s ICT exporters to the Japanese ICT industry at Japan IT Week, was attended by 30 Japanese and international participants. 
Sri Lankan ICT/BPM exports are surging and the EDB believes it will hit US $ 1 billion this year, a year earlier than expected.



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