Kerala to serve ultimatum to Smart City Dubai on Kochi project
September 2nd, 2010 - 5:40 pm ICT by IANSThiruvananthapuram, Sep 2 (IANS) Kerala Chief Minister V.S. Achuthanandan Thursday said Smart City Dubai, builder of the Rs.1,500-crore Kochi IT township, will be asked to say within 15 days whether or not it is going ahead with the project.
Achuthanandan said the government will send a letter to Smart City Dubai Chief Executive Fareed Abdul Rehman, asking the company to express its intention.
“The letter to them has been approved by the cabinet and it has been made clear to them that under no circumstances can the freehold property which they will be getting for the project can be sold. This would be our final letter and they have to let us know in 15 days,” said Achuthanandan.
Smart City Dubai says according to the agreement it would get freehold rights over 12 per cent (around 30 acres) of the project and can sell the land. But the Kerala government is adamant it will not allow any real estate dealings. The difference between the two parties has stalled the project for the past six years.
- Kerala delaying Kochi project, insists Smart City Dubai - Dec 02, 2010
- Last letter to Smart City Dubai on Kochi project: Achuthanandan - Nov 30, 2010
- Achuthanandan belittles Smart City Dubai yet again - Nov 16, 2010
- First phase of Smart City Kochi project to be commissioned soon - Jun 23, 2011
- Smart City project should go on with Dubai, demands Congress - Nov 18, 2010
- Kerala government, opposition spar over Smart City Kochi project - Mar 30, 2010
- Government committed to Kochi IT project: Achuthanandan - May 18, 2010
- Smart City CEO comes to get drunk: Achutnanandan (Lead) - Dec 31, 2010
- Fate of Kochi IT park project hangs in balance - Mar 13, 2010
- Decks cleared for Kochi infotech project - Feb 02, 2011
- 'CPI-M delayed Smart City project' - Oct 30, 2010
- Kerala finally clears Smart City project (Lead) - Feb 02, 2011
- Smart City Dubai not to withdraw from Smart City Kochi - Jun 28, 2010
- Board fails to break deadlock over Smart City Kochi - Mar 29, 2010
- Dubai firm asks Kerala goverment to abide by agreement - Mar 25, 2010
Tags: chief executive, chief minister, circumstances, crore, dubai, freehold property, intention, kerala government, real estate, rehman, rs 1, six years, smart city, ultimatum, v s achuthanandan