The Kerala government is readying to spin an IT infrastructure out of a former cotton sewing threads unit. The proposed land for the IT park had been used on lease by Vaiga Thread Processors, formerly Yamuna Coats.
An IT park, yielding 10,000 direct jobs will be set up at Koratty (near Kochi and Trissur), state revenue minister KP Rajendran confirmed, when contacted. This is part of the initiatives from the 'land bank' that the state government is culling together for development projects, he said. About 45 acres for the new IT park will be from the excess land procured from the Koratty unit of Vaiga Thread Processors last year.
A small portion of the land from Vaiga Thread Processors was given to National Highways and one acre to Kerala State Electricity Board for infrastructure development.
The land bank is envisaged considering the development of the state in the next 25 years, the minister said. The land needs for many crucial infrastructure projects coming up in the state, including the new bypass in Kochi, ring roads, Kochi Metro Rail and IT Parks, are factored in, while detailing the land bank project. Construction of office and commercial complexes on BOT (build-operate-transfer) basis with State-run outfits like KSIDC, Kinfra, Kerala Power Finance Corporation and Kerala Tourism Finance Corporation are also in consideration. State Planning Board is considering whether the land bank can get more operational efficiency if it takes a company form.
Financial Express
Cherai Beach in Vypin Island Cochin
Cherai Beach - near North Paravur is a new generation tourist hot spot with Golden beaches, (sand grains are big and looks like river sand used in construction, probably deposited by Periyar at some point of time) coconut palms corridors, backwaters, historical monuments.
CHERAI BEACH COCHIN
INDIA's answer to Florida and California A Silicon Valley in the making with beaches to relax for a fraction of the cost.Kochi is the preferred entry and exit point for travellers and entertains 2500 visitors and tourists to the city every day.Reason why, various multi-national and multi-million dollar projects have been announced lately that will perhaps change the face of the city, for good. Smart City Project at Kakkanad, Special Economic Zone, International Container Terminal at Vallarpadam Island, LNG Terminal and International Marina are just a few of them. The seabed has become a major transshipment point and strategic trade route between Arabia and the Asia Pacific, where even Queen Mary II routinely anchors during its voyages around the world.
VSNL's Primary International Gateway is in Cochin
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CIBER City from the interior view
65,000 acres of land The project envisages a self-contained, hi-tech complex with its own comprehensive infrastructure, including power, expressways, telecom networks, desalination plants, biotech parks, special economic zones, IT/biotech parks, industrial parks, hospitals, educational institutions, hotels and amusement parks.
CIBER City a Mega City Project for Cochin
A new city created from the ground up. Cochin's own Manhattan having international quality roads,telecom networks and other amenities like Dubai's Palm City spanning 65,000 acres from the coast to the interior.
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