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Cochin Infotech Broadcasting Electronics and Research City

A Mega City project for Cochin City should come somewhere between the muncipalities of North Parur and Kodungaloor.This is where there is alot of potential for future growth and expansion. The promoters of this project should be INKEL(a NRI funded PPP company) and CUSAT(university).It should preferably called CIBER CITY which stand for Cochin Infotech Broadcasting Electronics and Research City. In Ernakulam District it should include parts of Vypeen island(Munambam),Varapzha,Puthenvelikara,Chennamangalam,Chengamanad,Manjali,Kottuvaly etc. In Thrissur Dist. it should include the muncipalities of Mala,Azhikode,Eriyad,Karuvapadna,Thekkukara,Muringoor and Kodungalloor( the ancient port town of Muziris or Crangannore)Situated at the northern end of the Periyar River, about 50 km from Kochi, Kodungaloor has been the gateway for Christianity, Judaism and Islam in India.
Known as 'Muziris' in Western and West Asian maritime records since ancient times, Kodungalloor has also played a role in shaping Kerala's history and culture.The project envisaged a self-contained, hi-tech complex with its own comprehensive infrastructure, including power, expressways, telecom networks, desalination plants, biotech parks, special economic zones (SEZs), IT/Biotech parks, industrial parks, hospitals, educational institutions, hotels and amusement parks.

Thursday, May 22, 2008

Kerala to spin land from Vaiga Thread Processors to IT park

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

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