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A roadmap to doubling GDP and reaching $12,000 Per Capita Income by 2030

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By. Lalin I De Silva

Sri Lanka’s economic crisis, exemplified by a stagnant GDP of $80 billion and recent bankruptcy, demands urgent and effective reforms. With the upcoming presidential election featuring 38 candidates, none have outlined specific plans to double the GDP to $160 billion and achieve a per capita income of $12,000 by 2030. This article highlights the importance of these goals and provides a clear, actionable roadmap for achieving them. Essential strategies include harnessing digital technologies, investing in infrastructure, promoting key industries, and enhancing fiscal and job creation policies.

GDP per capita is a vital metric for assessing economic performance and well-being. It measures the average economic output per person and is crucial for both national and international comparisons. To improve living standards and ensure sustainable growth, increasing GDP per capita is imperative. This article provides a clear path for presidential candidates to address and achieve these economic objectives.

Benefits and Strategies for Increasing GDP Per Capita

Standard of Living Improvement

Benefit: Higher GDP per capita means improved living standards.

Action: Increase investment in education, healthcare, and infrastructure to boost economic productivity.

Economic Growth Tracking

Benefit: Measures whether economic growth translates into individual benefits.

Action: Implement policies that encourage innovation and support entrepreneurship to enhance productivity.

Global Comparisons

Benefit: Allows Sri Lanka to benchmark against other nations.

Action: Improve global competitiveness through trade agreements and technological advancements.

Addressing Income Inequality

Benefit: Provides a starting point for improving income distribution.

Action: Implement progressive taxation and expand social safety nets.

Development Goals

Benefit: Sets benchmarks for poverty reduction and growth.

Action: Focus on human capital development and inclusive economic policies.

Efficient Resource Allocation

Benefit: Ensures effective public spending.

Action: Reduce corruption and enhance efficiency in public expenditure.

Enhanced Social Programs

Benefit: Tailors social welfare to improve living standards.

Action: Expand access to essential services and support economic participation.

Education and Healthcare Investment

Benefit: Supports long-term economic growth.

Action: Prioritize these sectors in national budgets for sustainable development.

Infrastructure Development

Benefit: Supports economic activities and job creation.

Action: Invest in high-quality infrastructure projects.

Fiscal and Monetary Policies

Benefit: Ensures economic stability and efficient public spending.

Action: Reform tax systems and manage inflation effectively.

Sri Lanka’s economic stagnation requires immediate and focused action. Doubling the GDP to $160 billion and achieving a per capita income of $12,000 by 2030 is an ambitious but attainable goal. By prioritizing digital transformation, infrastructure development, and key industry promotion, the country can set a course for sustainable economic growth and stability.

Action Plan

Digital Transformation: Invest in technology and digital infrastructure to boost productivity and global competitiveness.

Infrastructure Development: Focus on critical infrastructure projects to support economic activities and create jobs.

Industry Promotion: Target high-growth sectors such as technology, healthcare, and green energy.

Fiscal Responsibility: Implement reforms to improve tax collection, reduce corruption, and manage public finances effectively.

Job Creation and Skills Development: Invest in education and vocational training to equip the workforce for emerging industries.

Regional Investment: Address disparities by targeting investments in underdeveloped areas.

Foreign Investment Attraction: Foster a favorable business environment to attract and retain foreign investors.

Innovation Support: Promote research and development to drive technological advancements and economic diversification.

Social Programs Enhancement: Improve and expand social welfare programs to support vulnerable populations.

Suggested References

International Monetary Fund (IMF) – Reports on economic growth and policy recommendations.

World Bank – Data and analysis on GDP per capita and economic development.

OECD – Research on education, innovation, and economic policy.

Sri Lankan Ministry of Finance – National economic plans and strategies.

Harvard Business Review – Articles on digital transformation and infrastructure investment.

Economic Development Board of Sri Lanka – Insights on key industries and investment opportunities.

By adopting these strategies, Sri Lanka can achieve its economic goals, improve living standards, and secure a prosperous future for all its citizens.

Lalin I De Silva, former Senior Planter, Agricultural Advisor / Consultant, Secretary General of Ceylon Planters Society, Editor of Ceylon Planters Society Bulletin and freelance journalist.



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Malaysia courts more Sri Lankan travelers as ‘Visit Malaysia 2026’ gathers steam

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Malaysian H.C. Badli Hisham Adam: ‘Fresh biz opportunities

Malaysia is intensifying efforts to attract more Sri Lankan travelers by promoting its diverse tourism offerings, strong air connectivity, Muslim-friendly facilities and expanding business partnerships ahead of the ‘Visit Malaysia 2026’ (VMY2026) campaign.

Addressing the Tourism Malaysia product presentation yesterday in Colombo, Malaysian High Commissioner to Sri Lanka Badli Hisham Adam said tourism remains one of the strongest pillars of the long-standing bilateral relationship between Malaysia and Sri Lanka, helping strengthen cultural understanding, business links and people-to-people ties.

The event, organised by Tourism Malaysia Chennai in collaboration with the High Commission of Malaysia in Colombo, brought together Malaysian tourism stakeholders, airline representatives, Sri Lankan travel industry professionals and members of the media to explore new business opportunities.

The High Commissioner said Sri Lanka continues to be an important source market for Malaysia, with growing numbers of Sri Lankan travelers seeking destinations that combine diversity, affordability, quality experiences and convenient connectivity.

“As part of ‘Visit Malaysia 2026’, we warmly invite Sri Lankan travelers to discover the richness of Malaysia, he said.

Highlighting Malaysia’s tourism strengths, the envoy said the country offers a wide range of attractions, including multicultural cities, UNESCO World Heritage Sites, pristine beaches, tropical rainforests, cool highlands and unique wildlife.

These are complemented by world-class shopping, family-friendly attractions, educational opportunities, wellness and medical tourism, business events and internationally renowned hospitality.

He also stressed Malaysia’s position as the world’s leading Muslim-friendly destination, supported by an extensive halal ecosystem with internationally recognised certification, halal-certified restaurants, easily accessible prayer facilities and family-oriented amenities across the country.

Despite ongoing geopolitical uncertainties around the world, the High Commissioner said Malaysia remains a stable, peaceful and welcoming destination for international travelers.

He urged Sri Lankan travel agents to strengthen collaboration with Malaysian tourism providers by developing innovative travel packages targeting leisure travelers, business visitors and event participants.

The presentation featured leading Malaysian tourism partners, including Wyndham Ion Majestic, Lotus Desaru, Key Term Holidays representing the Sabah Tourism Board and Asian Overland representing The PULSE Group, showcasing Malaysia’s diverse tourism experiences and investment in the Sri Lankan market.

The envoy also acknowledged the contribution of airline partners and the media in enhancing Malaysia’s visibility and improving travel connectivity between the two countries.

Looking ahead to ‘Visit Malaysia 2026’, he said the future growth of tourism would depend on stronger collaboration, innovation and meaningful partnerships between industry stakeholders.

He expressed confidence that closer cooperation between Malaysia and Sri Lanka would generate fresh business opportunities while encouraging more Sri Lankan visitors to experience Malaysia’s culture, diversity and hospitality.

The High Commissioner concluded by expressing hope that the networking session would lead to stronger commercial partnerships and contribute to the success of ‘Visit Malaysia 2026’, further deepening tourism and economic ties between the two friendly nations.

By Ifham Nizam

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Women Empowered Global launches ‘Leadership Lab’

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Senela Jayasuriya, Founder and CEO of Women Empowered Global.

Women Empowered Global (WEG), a network of award‑winning female leaders, corporate CXOs and entrepreneurs, experts and thought leaders dedicated to empowering women from six continents, unveiled the ‘WEG Leadership Lab’, a 24‑week virtual intensive programme, commencing 26 September. The programme is designed exclusively for women leaders who are ready to accelerate their careers, amplify leadership visibility, and drive transformational growth.

The women‑only leadership experience breaks the mould of conventional training, offering a powerful blend of masterclasses, mentorship, and practical leadership tools tailored for rising leaders, managers, and senior professionals. Participants will gain international exposure, sharpen essential skills, and the opportunity to join a vibrant knowledge‑sharing community which fosters confidence, resilience, and impact.

“The WEG Leadership Lab is not for casual growth. It is for women who are serious about transforming their leadership journey,” said Senela Jayasuriya, Founder/CEO, Women Empowered Global. “By combining global expertise with local delivery, we are creating pathways for women across manufacturing, trading, finance, marketing, technology, and management, as entrepreneurs, business owners, fractional executives, or corporate leaders, to thrive and build a more inclusive leadership landscape.”

WEG’s platform facilitates international exposure and career development for professionals and connects more than 4,000 members worldwide. The Leadership Lab builds on WEG’s flagship initiatives, including the 1 Million Women in Power campaign, the African Women Leadership Forum, the Business Hub, and the Global Online Academy. The programme aims to deliver a transformative journey equipping women to step boldly into leadership roles locally and internationally.

Led by Senela Jayasuriya (MBA, UK), an internationally recognized and awarded leadership & empowerment coach and innovation partner, keynote speaker, and certified expert, WEG collaborates with DEI specialists, corporate boards, Business and HR leaders, to design programmes which advance women’s careers, leadership visibility, equity, and inclusion. To date, she has successfully delivered leadership development programmes to more than 20,000 professionals.

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JKCG Auto and Green EV join forces to build Sri Lanka’s most expansive EV charging network

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John Keells CG Auto (JKCG Auto), the authorised distributor of BYD and Denza in Sri Lanka, has launched a strategic partnership with Green EV on 26th June 2026 to significantly expand the charging infrastructure available to its customers across the island. The collaboration, formalised through a Memorandum of Understanding (MOU), marks a pivotal step in JKCG Auto’s ongoing commitment to building a comprehensive and reliable New Energy Vehicle (NEV) ecosystem in Sri Lanka.

Through this partnership, BYD and Denza owners will gain seamless access to Green EV’s public charging network of 100+ DC fast chargers and 70 AC chargers, spanning 20 districts and all nine provinces of Sri Lanka, from Jaffna in the north to Hambantota in the south, and from Puttalam on the northwest coast to Trincomalee and Ampara on the eastern seaboard, encompassing a mix of 40kW, 60kW, and 120kW fast-charging infrastructure. The network has been designed to ensure that customers can charge conveniently and confidently, whether in the heart of Colombo or in suburban and outstation communities, removing one of the most commonly cited barriers to EV adoption in Sri Lanka. Further strengthening customer confidence, Green EV has partnered with SLIC to provide a comprehensive insurance cover of LKR 100 million for every Green EV charging station, offering protection against potential damages and ensuring complete peace of mind for every user.

The initiative reflects JKCG Auto’s broader strategy to invest in the foundations of sustainable mobility, ensuring that the transition to electric vehicles is supported not only by world-class vehicles, but by a dependable ecosystem that addresses the practical needs of everyday ownership.

“If the future of mobility in Sri Lanka is going to be electric, success will hinge on how accessible we are able to make the actual vehicles, as well as the enabling infrastructure around them. JKCG Auto is proud to partner with other visionaries like Green EV to ensure that we eliminate range anxiety, so that every customer – whether in Colombo or anywhere in Sri Lanka will have the confidence to go electric,” JKCG Auto Chief Executive Officer, Charith Panditharatne.

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