Water Theme IT Park gets SEZ status

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Kochi: India’s first ‘Water Theme’ based IT Park has got SEZ status with the Government of India formally notifying 33 acres of Infopark Ambalapuzha as Special Economic Zone.  This decision was taken at a meeting of the Board of Approvals, Ministry of Commerce, Government of India held at New Delhi, as per a release from IT Kerala.

 

Dr. Ajay Kumar IAS, Principal Secretary (IT), Govt. of Kerala said, “Ambalapuzha Infopark is planned to be developed as the first ‘water theme’ based IT Park in India with immense untapped potential working towards promoting IT and Knowledge Services in the heart of Kerala’s famous Backwaters. With this park, we aim to create an ambience that is extremely conducive for professionals to work in a totally stress-free environment and for busy professionals to indulge in fruitful learning training and learning activities while recharging themselves”.

 

Infopark Ambalapuzha is being developed in about 100 acres of prime property in Smrithivanam, Purakkad village which is about 22 kms from Alappuzha, located on the National Highway 47. The SEZ notification for the 33 acres of this total property was formally approved as a sector specific Special Economic Status in late 2008.

 

Infopark CEO, Shri. Siddhartha Bhattacharya said, “The work for Ambalapuzha Infopark commenced in April 2009 and the first phase infrastructure work is expected to be completed by June 2010. With the completion of the first IT building by April 2011 there will be space to initially provide employment to over 1000 IT/ITeS professionals in this park. The basic infrastructures that will be developed in Phase-1 include power receiving and distribution facility, potable water through RO plant, access roads, land reclamation and development, drains and boat jetty. We have sought to develop the park through partnership and the investment in the first 3 years is approximately Rs.150 crores.”

Kerala IT News

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