Kerala Infopark to be expanded over 160 acres
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Kerala Infopark to be expanded over 160 acres

Tuesday, 28 July 2009, 01:49 Hrs   |    2 Comments
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Chennai: The second phase of software park Infopark in Kochi, which may be developed under a public-private partnership (PPP) model, will come up over 160 acres, said a top company official here Monday.

"We are getting into the second phase of Infopark's expansion. The land will be with us by the end of this year. We may look at building the infrastructure on a PPP model," said Infopark Chief Executive Siddhartha Bhattacharya.

He said it was still not decided whether the new park would be developed by Infopark or by the newly-promoted Kerala State IT Infrastructure.

Speaking about the existing Infopark, built over 102 acres, he said: "As of today we are full. In four and a half years, we got 9,000 people working in the IT park. We have already constructed 2.5 million square feet, and another two million square feet is under construction."

According to him, the two million square feet is being developed by Infopark and co-developers like Larsen and Toubro, Wipro and Tata Consultancy.

"Infopark on its own will develop half a million square feet," he said.

Maintaining that the downturn did not have any major impact on IT companies in Kerala, he added: "However, in order to assist small and medium-sized companies we have decided to defer 50 percent of the rent from units located in the park for a year."
Source: IANS
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Reader's comments(2)
1: Another promise was to build IT parks in all major cities and district HQs. People like me hoped that some of these will materialize despite knowing very well that these are promises that a Govt like this cannot fulfill. Smart City project is in ruins and may wind up soon. Let's see what comes out of it.
Posted by:Subbu - 28 Jul, 2009
2: We have been hearing this for quite some time now. When the tenure of the present government started, it was mentioned that, the policy of the government is to offer 5 lakh jobs to educated graduates in the IT sector alone. Now that the third year is over. I havent noticed any steps taken by the Govt. in accomplishing what they have said.
The sad fate of Smart City alone would tell the whole story!
Posted by:Anees Ahamed A A - 27 Jul, 2009