page_title: Information technology in Sri Lanka
section_title: IT parks
hierarchical_section_title: Information technology in Sri Lanka / Recent development / IT parks
caption_attribution_description: English: Photograph of Millennium Information Technologies.
context_page_description: Information Technology in Sri Lanka refers to the business process outsourcing, knowledge process outsourcing, software development, IT Services and IT education in Sri Lanka. Sri Lanka is ranked among the top 50 outsourcing destinations by AT Kearney, and Colombo is ranked among "Top 20 Emerging Cities" by Global Services Magazine. The export revenue of this industry grew from USD 213 million in 2007 to an estimated USD 720 million in 2013.
context_section_description: Sri Lanka has few government owned and privately managed IT Parks.
  Orion City IT Park established in 2009 is a privately owned IT park situated in Dematagoda area in Colombo. The Park is spread over 16 acres and currently has 550,000 sq feet of developed space. Currently this park houses, Virtusa and several other IT and non-IT companies.
  In 2011 a full featured IT park was proposed to be built at Hambantota as a government project. In 2012 this project was approved by the Cabinet.
  TRACE Expert City is a similar one. This was developed by Urban Development Authority, working with the Ministry of Defense, This is situated in Maradana.
  In February 2016 India’s External Affairs Minister Sushma Swaraj announced that they are offering an IT park for Sri Lanka considering the IT industry's importance in the country.
caption: Millennium Information Technologies Campus At Malabe
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