Sri Lanka, Oct. 16 -- Sri Lanka is charting an ambitious course to position itself as a regional leader in the digital economy, building its competitiveness on governance, data protection and artificial intelligence (AI) and defining "trust" as its national value proposition.

Chief Advisor to President on Digital Economy Dr. Hans Wijayasuriya said the government aims to expand the country's digital economy fivefold, from about US $ 3 billion to US $ 15 billion, within four years, increasing its share of GDP from the current 3-4 percent to over 12 percent.

"Sri Lanka possesses exceptional talent. By combining that with a robust trust framework, we can carve out a unique competitive advantage in the region, making 'trust' our national val...