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The IT Park comes under an organization called TRACE (Technologically Reawakening Culture of Excellence) where Subasinghe is listed as Vice Chairman.
Codegen, a travel solutions firm with offices in the UK and Sri Lanka which had taken up 5 bays in the first phase of the project with 13 bays spread over 85,000 square feet.
CodeGen Chief Executive Harsha Subasinghe said the knowledge park will help take Sri Lankan products to the international market.
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Operations were formally declared open by Defence Secretary Gothabaya Rajapaksa.
Housed in a Colonial era warehouse earlier known as Tripoli market in the Maradana district of Sri Lanka's capital, the IT park was rebuild by state-run Urban Development Authority and the military.
The old warehouse has been renovated with an exposed brick and industrial style design.
CodeGen has moved its 250 staff to the IT park.