Kerala chief minister pushes Technocity project

By Indo Asian News Service | Wednesday, September 06, 2006 | 3:07:41 PM IST (+05:30 GMT) Comment 0 Comment

Thiruvananthapuram, Sep 6 (IANS) Kerala Chief Minister V.S. Achuthanandan is taking steps to speed up the setting up of Technocity near the Technopark campus here.

Thiruvananthapuram, Sep 6 (IANS) Kerala Chief Minister V.S. Achuthanandan is taking steps to speed up the setting up of Technocity near the Technopark campus here.

Technopark acting CEO V.K. Jayakumar told IANS: 'He has appointed a special officer to acquire 507 acres for Technocity.'

The chief minister's interest in the project comes as a surprise because it was mooted by former chief minister Oommen Chandy. The project is being opposed by the youth wing of the Communist Party of India (Marxist) which says it would lead to eviction of people.

'We expect the special officer to acquire the land in less than a year, and then it is up to the government to decide on the modus operandi for the development of Technocity.

'A few big developers have shown interest for developing the Technocity,' the CEO said.

The Technopark campus, on the outskirts of the capital city, has come up in a big way. There are 105 IT firms on the campus which employ 12,500 people.

'By November another 600,000 square feet would be ready, which has already been booked. In less than a year 6,000 new jobs would be created in this new block,' the CEO added.

The investment at Technopark for developing 236 acres has crossed Rs.7 billion. There are two special economic zones in the Technopark campus, which have already been booked by IT giants Infosys and TCS.

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