SEZ approval for Technopark Phase III and Technopark Kollam

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Tvm: The Government of India has formally notified Technopark Phase III and Technopark Kollam as Special Economic Zones.  This decision was taken at a meeting of the Board of Approvals, Ministry of Commerce, Government of India, held at New Delhi. Technopark has been getting a lot of international attention for IT & ITeS investment.

With the SEZ approvals for Phase III and Kollam, Technopark will become a much sought after destination for IT & ITeS investment. Technopark Phase-I – 31 acres and Phase-II – 86 acres have already been notified by the Government of India. The Technopark Phase III will be developed over 92 acres of land.

Technopark will be allotting land in Phase III to IT & ITeS Companies and Infrastructure Development Companies. The support facilities like 110 KV sub-station, water supply system are ready.  Work on sewage treatment plant, canal embankment, approach road, internal roads and bridge works are in progress.

Technopark Kollam will be developed in a 40 acre Special Economic Zone as a most modern and global standard IT Park in Kundara on the banks of the scenic Ashtamudi Lake, which was announced earlier this year. When developed, Kollam Technopark will also be the first IT park to also have access through water transport.

Kerala IT News

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