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sundaytimes.lk
SL: Data centre playground amid global turmoil - The Sunday Times, Sri ...

By Duruthu Edirimuni ChandrasekeraView(s): Setting up data centres in Sri Lanka may prove an opportunity in the wake of the war situation in West Asia, officials say. Data Centres are a strategic priority to enhance digital sovereignty, reduce external dependence, and position Sri Lanka as a competitive destination for global technology investment, Eranga Weeraratne, Deputy Minister of Digital Economy, told the Sunday Times Business. He added that the growing global demand for digital infrastructure combined with low-latency requirements for India and Southeast Asia, makes Sri Lanka a strong candidate for a data centre hub. More than 20 interested parties have sent proposals for the Data Centres to the Board of Investment (BOI), responding to the Request for Information (RFI) to support high-performance computing, AI workloads, and national digital services while strengthening domestic data centre capacity. “We received more than 20 proposals from various parties,” Mr. Weeraratne noted, saying that most proposals are from foreign parties. Last year, global hyperscalers such as Amazon/AWS, Microsoft Azure, Oracle Cloud, Alibaba, Huawei etc were in discussion with the ministry to build AI-focused data centres. The pan-Asian telecommunications giant Axiata Group Berhad is also looking at investing in Sri Lanka’s data centres. Axiata Group Berhad’s CEO, Vivek Sood, told The Sunday Times Business that Axiata, with Dialog, Sri Lanka’s leading telecom operator, is a strategic investor in the island nation and in their broader investment drive, Sri Lanka has stood out for setting up data centres, he said. The Government aims to gather insights on investor capabilities, technical solutions, facility scale, and value propositions, as well as the necessary enabling requirements such as land, energy, and connectivity, after which the request for proposals will be issued. Meanwhile, the Digital Ministry, along with related agencies, is seeking legal clearance to expedite land allocation for potential data centre constructions, with representatives from the Mahaweli Authority, the Digital Ministry, the Ceylon Electricity Board, the Water Board, the Ministry of Power and Energy, etc in a committee which met last year, formulated the requirements for land for data centres. “Once the land is identified, the BOI will launch expressions of interest for a data centre to be set up in the country,” an official said. Hitad.lk has you covered with quality used or brand new cars f...

sundaytimes.lk
pinsentmasons.com
Navigating Asia-Pacific data centre disputes in the age of digital ...

An unprecedented surge in data centre investment in the Asia-Pacific region, driven by artificial intelligence adoption and digital connectivity, may result in an increase of arbitration disputes. After more than US$15 billion in loans and financing was committed for data centres throughout Asia-Pacific in 2025, with India, Malaysia, Thailand and Vietnam hotspots for investment, capacity is projected to double to an estimated 30 gigawatts (GW) by 2028. Despite this, a 15-25GW supply gap is expected during this same period. Read more: international arbitration developments and trends for 2025-26 Data centre investment and development involve unique risks that may ultimately result in increased disputes. In particular, failure to meet technology agreement performance indicators due to delays in commissioning or achieving ‘ready for service’ status, and failure to reach the minimum capacity of uptime standard may generate legal claims. The structure of funding and development, often featuring consortium structures and joint ventures, can also create shareholder conflicts. Deadlocks over expansion strategy or technology adoption could create further complexity within the sector, rendering deadlock resolution clauses necessary. Dividend and profit distribution from completed projects can also prove to be a point of contention for shareholders, while exit rights for investors should be clearly defined in contracts. Data centres rely on uninterrupted service to be effective. If access to data centres is disrupted, user operations can be paralysed, with the data centre’s value dependant on data relevance, accuracy and integration within specific business processes. Even if another provider offers similar datasets or services, they may not replicate the historical, proprietary and relational aspects embedded in the original arrangement. Contractual ambiguity on the remedies and resolution of interruptions to service is an emerging area of disputes from data centre development. Combined with challenges arising from surges in demand, extreme weather and cyber attacks, interruptions may result in disputes if users are affected by outages beyond their control. These issues can be exacerbated by the high concentration of data centres in hubs straining local grids, which can also introduce regulatory uncertainty. Service level agreements are another emerging area for disputes, due to high dependency on uninterrupted service and ambiguity in service level agreement rem...

pinsentmasons.com
island.lk
Sri Lanka has policy, but where is the data? - The Island

For example, the impact the conflict has on the safety and welfare of Sri Lankans living in West Asia or on our petroleum and LNG imports. The situation in the Gulf remains fluid with potential for further escalation, with the possibility of a long-term conflict.

island.lk
dailymirror.lk
Sri Lanka Latest Breaking News and Headlines - Daily Mirror

The government wants to see who the potential investors are to bring this to Sri Lanka," the chairman said, confirming continuous discussions with several global suppliers, including prominent ...

dailymirror.lk