Achuthanandan belittles Smart City Dubai yet again
November 16th, 2010 - 6:07 pm ICT by IANSThiruvananthapuram, Nov 16 (IANS) Exactly three years after laying the foundation stone of the proposed Rs.1,500 crore Smart City Kochi IT project, Chief Minister V.S. Achuthanandan Tuesday said the project builders are delaying it due to financial problems.
Addressing reporters after the weekly cabinet meeting here, he said Smart City Dubai is putting up conditions that were not signed in the agreement.
“After the foundation stone, they have not been able to put another stone above that. May be they are short of funds and hence they want us to give them land in the project which they can sell off and then begin construction. That is in no way possible and we won’t allow that,” Achuthanandan said.
The Kerala government has been adamant that under no circumstances can the freehold property which Smart City Dubai will be getting for the project be sold.
Smart City Dubai is sticking to the agreement where it has been mentioned they would get 12 percent freehold rights.
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- No freehold rights to Smart City Dubai for Kochi IT Park - Mar 10, 2010
- Government committed to Kochi IT project: Achuthanandan - May 18, 2010
- Smart City CEO comes to get drunk: Achutnanandan (Lead) - Dec 31, 2010
- Board fails to break deadlock over Smart City Kochi - Mar 29, 2010
- Decks cleared for Kochi infotech project - Feb 02, 2011
- First phase of Smart City Kochi project to be commissioned soon - Jun 23, 2011
- Kerala finally clears Smart City project (Lead) - Feb 02, 2011
- Kochi infotech project off the blocks - Feb 23, 2011
- Kerala government, opposition spar over Smart City Kochi project - Mar 30, 2010
- 'Smart City Kochi delay due to government ineffectiveness' - Feb 09, 2010
Tags: cabinet meeting, chief minister, circumstances, foundation stone, freehold property, kerala government, laying the foundation, project builders, smart city, v s achuthanandan