The AIT is expected to set up a campus in Hambantota in Southern Sri Lanka, higher education ministry secretary Sunil Jayantha Navaratne said.
India's Manipal University is to set up a campus near Negombo, north of Sri Lanka's capital Colombo.
The government is offering land and tax breaks for well recognized international higher education institutes to set up shop in Sri Lanka and break a state monopoly in degree awarding to freedom for students to gain a tertiary education.
Navaratne said the government was in advanced talks with about 10 institutes and relevant legislation was in the final stages of being drafted.
He said some institutions were getting land and others were going on their own.
He said the ministry was to have discussions with Treasury Wednesday about refining public policy on education.
Australian Technical and Management College (ATMC), an institute that works as an education delivery service for University of Ballarat in Australia said it was also in t