Lanka's largest IT Park to be set up in Malabe

Sri Lanka's largest Information Technology Park is to be set up at Malabe by two Indian companies, Infinite Infotec Park Company and G.S. Group.
The Sri Lanka Information Technology Institute and India's Ernst and Young Company will assist the BoI in the implementation of this project involving an Investment of US $ 80 million, the Department of Government Information said yesterday quoting BoI Chairman Dhammika Perera.
The BoI handed over the approval letters to the two Indian companies. They are due to sign the agreements with the BoI within 45 days and construction work would begin early next year, Perera said.
The new Information Technology Park is part of Enterprise Development and Investment Promotion Minister Dr. Sarath Amunugama's mission of setting up a national IT industry.
The IT Park to be set up in a 15-acre block adjoining the IT University at Malabe will have uninterrupted electricity and water facilities and a vehicle park.
It is expected to generate 20,000 direct employment opportunities and indirect employment to nearly 80,000 others.

Source: dailynews