Srilanka, June 22 -- Prime Minister Dr. Harini Amarasuriya said that innovation is not a luxury but "the catalyst for meaningful transformation in Sri Lanka" and essential for the country's survival in a rapidly evolving global landscape.

The Prime Minister told the 'Innovation for Economic Transformation' event under the ADB's Serendipity Knowledge Program (SKOP) in Colombo on Thursday that the timely discussion on innovation "resonates strongly with the Government's vision to take Sri Lanka on a new economic trajectory towards inclusion, resilience, and sustainability."

Dr. Amarasuriya said that universities must be at the heart of the country's innovation ecosystem. "They must serve as hubs of creativity, collaboration, and entrepre...