E&Y-Halcrow to make master plan of Punjab IT City project
August 19th, 2010 - 5:35 pm ICT by IANSChandigarh, Aug 19 (IANS) The Punjab government has engaged a consortium, Ernst & Young-Halcrow, to prepare the master plan of the IT city project coming up near Rajpura town, 50 km from here.
Announcing this here Thursday, Chief Minister Parkash Singh Badal said: “We need to promote the IT sector. It will help Punjab compete globally and also create job opportunities for youth in the state.”
The Rs.1,200 crore (Rs.12 billion) “Global Industrial and Knowledge City” project is being set up by the government-owned Punjab Information and Communication Technology Corporation Ltd (Punjab Infotech).
Rakesh Verma, managing director of Punjab Infotech said 1,359.5 acres for the IT city had been identified and Rs.150 crore (Rs.1.5 billion) had been earmarked to acquire the land.
Badal also gave approval to Punjab Infotech for arranging short-term loan of Rs.133 crore (Rs.1.33 billion) from banks.
He asked the state power distribution agency to ensure uninterrupted and dedicated power supply to the IT city project.
- Punjab gets new mega-thermal plant - Mar 02, 2010
- PM launches Rs.21,500 crore Bathinda refinery - Apr 28, 2012
- Punjab finance minister sacked - Oct 13, 2010
- PM to inaugurate Bathinda refinery - Apr 19, 2012
- Rs.14,000 crore annual plan for Punjab approved - May 14, 2012
- Punjab to complete river cleaning project by 2013 - Apr 27, 2012
- Bar libraries across Punjab computerised - Nov 07, 2011
- Pay Rs.1,800 per quintal of wheat: Badal - Oct 24, 2011
- Top Punjab government functionary arrested for graft (Lead) - May 05, 2011
- Punjab functionary resigns after graft charge, arrest - May 08, 2011
- Punjab sanctions Rs.110 crore for veterinary facilities - Jun 13, 2010
- Did not attempt suicide in prison, says Punjab BJP leader - May 24, 2011
- Punjab not to acquire land without owners' consent - Sep 06, 2010
- Badal, family acquitted in disproportionate assets case - Oct 01, 2010
- Amarinder asks Congressmen to hit Akalis - Nov 01, 2011
Tags: banks, chief minister, consortium, corporation ltd, distribution agency, halcrow, information and communication technology, infotech, job opportunities, knowledge city, managing director, parkash singh badal, power distribution, power supply, punjab government, rakesh verma, rs 1, short term loan, technology corporation