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Kerala allots land for yet another software park
Thursday, 04 September 2008, 23:36 IST
Thiruvananthapuram: The Kerala state government speeded up Wednesday creation of information technology infrastructure by allotting land for yet another software park in the state.
"The state cabinet today cleared the decision to allot 70 acres of land for the proposed IT Cyber Park at Kozhikode," Chief Minister V.S. Achuthanandan briefed reporters here after the cabinet meeting.
Already two such parks exist - one in the capital and the other at Kochi. The clearance for a new similar park comes at a time when both existing parks are being expanded.
"The new initiative will help to further boost software exports from the state which crossed the 
10 billion mark last fiscal," the chief minister said.
Already work is on to expand the two existing parks. In fact, the chief minister will flag off construction work for the third phase of the Technopark campus here Thursday.
The third phase will be developed over 92 acres of land to be implemented as an IT/ITES Special Economic Zone.
It is expected to provide employment to over 35,000 professionals by the time it becomes operational in 2012.
By then, Technopark, which currently employs 35,000 IT/ITES professionals, will have four million square feet of built-up space and would provide direct employment to 100,000 IT/ITES professionals and 400,000 indirectly.
The second phase, for which construction is currently going on, will provide employment to 30,000 professionals.
The Infopark campus at Kochi currently employs close to 8,000 professionals.
Dubai Internet City (DIC) of Dubai is at present building more infrastructure at the Infopark campus at a cost of 15 billion.
When this project - Smart City - is completed, Kochi alone is expected to have more than 100,000 IT professionals employed at the Infopark and Smart City campuses combined.
Thus, the new project will provide additional direct employment over and above the 200,000 that the two existing software parks are expected to provide once they become fully operational after expansion.
Source: IANS
10 billion mark last fiscal," the chief minister said.
Already work is on to expand the two existing parks. In fact, the chief minister will flag off construction work for the third phase of the Technopark campus here Thursday.
The third phase will be developed over 92 acres of land to be implemented as an IT/ITES Special Economic Zone.
It is expected to provide employment to over 35,000 professionals by the time it becomes operational in 2012.
By then, Technopark, which currently employs 35,000 IT/ITES professionals, will have four million square feet of built-up space and would provide direct employment to 100,000 IT/ITES professionals and 400,000 indirectly.
The second phase, for which construction is currently going on, will provide employment to 30,000 professionals.
The Infopark campus at Kochi currently employs close to 8,000 professionals.
Dubai Internet City (DIC) of Dubai is at present building more infrastructure at the Infopark campus at a cost of 15 billion.
When this project - Smart City - is completed, Kochi alone is expected to have more than 100,000 IT professionals employed at the Infopark and Smart City campuses combined.
Thus, the new project will provide additional direct employment over and above the 200,000 that the two existing software parks are expected to provide once they become fully operational after expansion.
Source: IANS
