Kerala software park to be expanded over 160 acres
July 27th, 2009 - 9:58 pm ICT by IANSChennai, July 27 (IANS) The second phase of softyware park Infopark in Kochi, which may be developed under a public-private partnership (PPP) model, will come up over 160 acres, said a top company official here Monday.
“We are getting into the second phase of Infopark’s expansion. The land will be with us by the end of this year. We may look at building the infrastructure on a PPP model,” said Infopark chief executive Siddhartha Bhattacharya.
He said it was still not decided whether the new park would be developed by Infopark or by the newly-promoted Kerala State IT Infrastructure Ltd.
Speaking about the existing Infopark, built over 102 acres, he said: “As of today we are full. In four and a half years, we got 9,000 people working in the IT park. We have already constructed 2.5 million square feet, and another two million square feet is under construction.”
According to him, the two million square feet is being developed by Infopark and co-developers like Larsen and Toubro, Wipro and Tata Consultancy.
“Infopark on its own will develop half a million square feet,” he said.
Maintaining that the downturn did not have any major impact on IT companies in Kerala, he added: “However, in order to assist small and medium-sized companies we have decided to defer 50 percent of the rent from units located in the park for a year.”
- Kochi Infopark readies for second phase - Oct 12, 2011
- Kerala IT floats global RFPs to build Kochi Infopark-II - Apr 30, 2010
- Kochi Infopark expressway to open next week - Jun 17, 2010
- IT made giant strides in Kerala under Left rule: Achuthanandan - Jan 09, 2011
- Kerala set to open first phase of Rs.600-cr IT park - Sep 18, 2009
- Cognizant expands its Kochi operations - Feb 07, 2012
- E&Y; to open third facility in Kerala - Apr 21, 2012
- Indo-Israeli JV launches Hyderabad housing project's second phase - Nov 10, 2011
- IT, BPO complex project in Kerala's Infopark kicks off - Feb 20, 2011
- L&T; arm signs Rs.2,600 crore agreement with NHAI - Jun 22, 2011
- Oracle to open in Technopark Kerala Thursday - Jun 14, 2011
- Kerala's first district IT park to come up at Kollam - Jan 04, 2009
- Concession agreement signed for Hyderabad Metro - Sep 04, 2010
- L&T; arm signs Rs.2,600 crore highway construction agreement (Lead) - Jun 22, 2011
- L&T; achieves financial closure for Hyderabad Metro Rail (Lead) - Apr 05, 2011
Tags: 5 million, developers, downturn, half a million, half years, infopark, infrastructure ltd, kochi, larsen and toubro, medium sized companies, public private partnership, second phase, siddhartha, software park, square feet, tata consultancy, two million, wipro