Millennium I.T.E.S.P. gets Rs. 2.2 b Oracle Exadata System supply contract for Sri Lanka Customs following approval from the Cabinet of Ministers, marking a major step toward strengthening the country’s customs technology infrastructure and digital systems.
Millennium I.T.E.S.P. gets Rs. 2.2 b Oracle Exadata System supply contract for Sri Lanka Customs after Cabinet approval
The government has awarded a contract worth approximately Rs. 2.19 billion to Millennium I.T.E.S.P. Ltd. for the supply of an advanced Oracle Exadata XIIM platform and related software to Sri Lanka Customs.
The decision was formally approved by the Cabinet of Ministers earlier this week as part of the government’s broader efforts to modernise digital infrastructure within key public sector institutions responsible for trade facilitation and border management.
According to officials, the procurement process for the system began following a Cabinet decision taken on 21 August 2024, which authorised the initiation of procedures to identify a suitable vendor capable of supplying the required technology platform.
The initiative aims to enhance the operational capabilities of Sri Lanka Customs through the introduction of high-performance database infrastructure capable of handling large volumes of trade data, transaction processing, and customs clearance information.
The contract was awarded through a national competitive bidding process designed to ensure transparency and compliance with public procurement guidelines. Three bids were initially submitted during the tender process.
Following a technical evaluation carried out by relevant authorities, only one bidder was deemed to meet the required technological standards and specifications. The financial proposal submitted by the technically qualified bidder was subsequently reviewed before the final recommendation was made.
Cabinet approval was granted based on the recommendation of the High-Level Procurement Committee, according to Cabinet Spokesman and Mass Media Minister Nalinda Jayatissa.
Speaking during the weekly post-Cabinet media briefing, Jayatissa confirmed that the contract had been awarded to Millennium I.T.E.S.P. Ltd. for a period of eight years, with the total project value amounting to Rs. 2,197.96 million.
The agreement will see the company supply the Oracle Exadata system along with associated software components required for the operation and maintenance of the infrastructure.
The Millennium I.T.E.S.P. gets Rs. 2.2 b Oracle Exadata System supply contract for Sri Lanka Customs decision is expected to support the digital transformation of customs operations by enabling faster data processing, improved system reliability, and enhanced analytics capabilities.
Customs authorities handle large volumes of trade-related information, including import and export documentation, tariff calculations, compliance monitoring, and risk management systems. Modern data platforms such as the Oracle Exadata system are designed to manage complex database workloads while ensuring high performance and system security.
Officials say the new infrastructure will contribute to improving the efficiency of trade processing while supporting the government’s wider economic reforms focused on enhancing trade facilitation and revenue collection.
The proposal seeking Cabinet approval for the project was submitted by Anura Kumara Dissanayake in his capacity as Minister of Finance, Planning and Economic Development.
The implementation of the system is also expected to support the ongoing digitalisation initiatives within Sri Lanka Customs, which plays a crucial role in monitoring international trade flows and ensuring compliance with national trade regulations.
In recent years, governments around the world have increasingly invested in advanced digital infrastructure to modernise customs operations and improve supply chain transparency. Such investments are often seen as essential for facilitating trade while maintaining robust regulatory oversight.
Technology platforms like Oracle Exadata provide integrated hardware and software environments designed to support high-performance databases, allowing institutions to process large volumes of information in real time.
In the context of Sri Lanka’s trade environment, efficient customs operations are widely regarded as a critical factor in improving the country’s competitiveness as a regional trading hub.
The Millennium I.T.E.S.P. gets Rs. 2.2 b Oracle Exadata System supply contract for Sri Lanka Customs project therefore represents a significant investment in digital infrastructure aimed at strengthening institutional capacity and supporting trade administration.
Officials note that the eight-year contract structure will also ensure ongoing system support and operational continuity as the new infrastructure is integrated into customs operations.
As the project moves toward implementation, the Millennium I.T.E.S.P. gets Rs. 2.2 b Oracle Exadata System supply contract for Sri Lanka Customs initiative is expected to play an important role in advancing the modernisation of customs services and enhancing the efficiency of Sri Lanka’s trade facilitation systems.