Malabe (Sinhala: මාළබේ, Tamil: மாலபே) is a suburb of Kaduwela in the Colombo District, Sri Lanka. It is situated on the New Kandy Road (Kaduwela Road) about 10 km (6.2 mi) away from the centre of the commercial capital Colombo. This suburb is a crucial economic centre in Colombo.
Etymology
The name ‘Malabe’, is believed to be derived from the classical Sinhala name මහ ලැහැඹMaha Lahamba, meaning "the large forest".
Industries
MillenniumIT
Malabe is the home to the MillenniumIT (known as Millennium Information Technologies or MIT), a Sri Lankan-based information technology firm that specialises in electronic trading systems and a fully owned technology business sector of London Stock Exchange Group, SPAR.
Malabe is a Sinhala majority area; there are minor communities belonging to other ethnic groups, such as Moors and Tamils. Malabe has some Buddhist religious places of the Sinhalese belonging to the Theravada school which includes the local branch of the Mahamevnawa Buddhist Monastery
Infrastructure
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Transportation
New Kandy Road from Ethul Kotte to Balummahara via Malabe, Kaduwela, Weliweriya and extending to Kandy along A1 highway.
Other means
A proposed Multi-modal transport hub is to be constructed to link the city to the Colombo Monorail and BRT.
Malabe is located near the entrance to the Outer-circular Expressway Kaduwela interchange.
