SmartCity Kochi project set to finally take off by October

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Tvm: The much awaited SmartCity Kochi project got a fresh set of deadlines and impetus today after a meeting of the delegates from Tecom, the promoters of the SmartCity Kochi project, with the Kerala Government in Trivandrum. Tecom would reopen its Kochi office before August 31, 2011 and present the concept master plan by September. The work on the first phase 3.5 lakh sq.ft. building would start by October 31 and this would be rolled out by October 31, 2012.

Briefing the media, Chief Minister Shri Oommen Chandy said, “This is the realisation of a long cherished dream. The SmartCity Kochi project has been finalised and new deadlines have been set. The project would be carried out within the framework of the existing agreement worked out by previous Government. As any change in the agreement at this stage would further delay the project, we opted against it. However a major change is that now the Central Government SEZ norms will be applicable to this project.”

The CM also added that the Government will notify the project as an Industrial Township within a month. An additional four acres of land will be allotted to the existing 246 acres to enable the SmartCity Kochi project to get the Services SEZ status. Meanwhile, the Government has in principle accepted to take up the infrastructure road development works to the project site on a priority basis and resolve some issues pending with KSEB and GAIL.

Abdul Latif Al Mulla, Group CEO, Tecom said, “We are very pleased that we are going ahead with this vital project without any hindrance. This reflects the government’s support and makes it meaningful. We hope to use it as a benchmark for future projects”.

The Tecom Group was represented by Dr. Baju George, MD; Anirudha Damkey, Chief Investment Officer; Ismail Naqi, MD, Business Park Operations along with M A Yusuf Ali. Shri P K Kunhalikutty, State Industries & IT Minister; Shri K Babu, Excise Minister and T Balakrishnan IAS, Addl. Chief Secretary, Dept. of Industries represented the Government.

Anil Philip
Kerala IT News

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