Board fails to break deadlock over Smart City Kochi
March 29th, 2010 - 8:54 pm ICT by IANSKochi, March 29 (IANS) The board of directors of the Smart City Kochi at its meeting here Monday failed to resolve any of the issues that have stalled building of the IT park.
“Smart City Dubai, who has been served a letter by the state government, has told us that they would consult their lawyer and in the coming few days they would get back to us,” Fisheries Minister and chairman of Smart City Kochi S. Sarma told reporters after the meeting.
The government has opposed the demand of the builder, Smart City Dubai, for 12 percent freehold rights over the project.
In 2007, Smart City Dubai had signed an agreement to build the Rs.1,500-crore IT project and Chief Minister V.S. Achuthanandan had laid the foundation stone. But since then, nothing has moved despite several rounds of talks between the two sides.
- Last letter to Smart City Dubai on Kochi project: Achuthanandan - Nov 30, 2010
- Kochi infotech project off the blocks - Feb 23, 2011
- Kerala government, opposition spar over Smart City Kochi project - Mar 30, 2010
- Achuthanandan belittles Smart City Dubai yet again - Nov 16, 2010
- Smart City CEO comes to get drunk: Achutnanandan (Lead) - Dec 31, 2010
- No breakthrough in Kerala IT project impasse - Dec 23, 2009
- Kerala delaying Kochi project, insists Smart City Dubai - Dec 02, 2010
- Government committed to Kochi IT project: Achuthanandan - May 18, 2010
- Decks cleared for Kochi infotech project - Feb 02, 2011
- Arbitration will be our last resort: Smart City Dubai - Dec 31, 2010
- Kerala finally clears Smart City project (Lead) - Feb 02, 2011
- Kerala to serve ultimatum to Smart City Dubai on Kochi project - Sep 02, 2010
- Dubai firm asks Kerala goverment to abide by agreement - Mar 25, 2010
- First phase of Smart City Kochi project to be commissioned soon - Jun 23, 2011
- No freehold rights to Smart City Dubai for Kochi IT Park - Mar 10, 2010
Tags: board of directors, chief minister, deadlock, dubai, few days, fisheries, foundation stone, lawyer, rs 1, sarma, smart city kochi, state government, v s achuthanandan