Kozhikode: Kozhikode is set to attract big IT investments with works on government-owned Cyberpark fast progressing and the construction of UL Cyberpark’s IT building completed.
The construction of the park’s first building with three lakh sq. ft. workspace is almost complete and will be ready by end of 2015. The building will have one lakh sq. ft. of plug-and-play facility and two lakh sq. ft. of warm shell space for companies. Once fully operational as per the master plan, the park is expected to create 25,000 jobs.
Cyberpark is the third hub, after Technopark in Thiruvananthapuram and Infopark in Kochi, under the hub-and-spoke model which envisions massive IT complexes in Kerala’s three largest cities each administering several satellite centres, ensuring that the IT infrastructure is effectively spread across the entire State.
The UL Cyberpark, promoted by Uralungal Cooperative Society, is ready with the first building, a green initiative certified by LEED. The park is being developed as an IT/ITES Special Economic Zone in Kozhikode.
“Kerala is today one of the major destinations for global IT companies. With Cyberpark at Kozhikode becoming operational, we expect to double the growth of the IT sector in the state,” said Minister for IT & Industries, Shri P K Kunhalikutty.
“The first building is expected to be business ready by end of this year and will generate 2,700 jobs when the first phase becomes fully functional by March 2016. As per the Master plan, Cyberpark with its 41.88 acres of operations, will employ a total of 25,000 IT professionals,” said Ajith Kumar R, CEO of Cyberpark, Kozhikode.
With the aim of attracting major players in the IT industry to invest in the evolving IT space here, the Cyberpark is conducting a road show in Bangalore on January 29. The show is being conducted under the aegis of NASSCOM. More than 75 top of the line IT majors are expected to participate in the event.
The park is being built on 41.88 acres of prime land in Kozhikode, of which 30 acres has been notified as SEZ. The Park Centre at Cyberpark is fully functional and the developmental activities are progressing fast. The government has identified Kannur and Kasaragod to develop satellites centres of the Kozhikode campus.
Kerala IT News