Sri Lanka, Oct. 13 -- Sri Lanka's shortage of data centre and cloud infrastructure reflects, to some extent, a market failure, as demand from banks and other users has yet to attract sufficient private-sector investment, forcing the Government to step in, the President's Chief Adviser on Digital Economy, Dr. Hans Wijayasuriya, said yesterday.

"The Government really does not need to do it, but it will," Dr. Wijayasuriya said during a discussion on digital transformation at the Sri Lanka Economic and Investment Summit (SLEIS) 2026, moderated by The Ceylon Chamber of Commerce (CCC) Secretary General and CEO Shiran Fernando.

He said demand for cloud infrastructure was already evident, particularly among financial institutions.

"I think it ...