Kochi to be developed as an IT hub- 160-acre Infopark Phase II project kick starts
Six IT companies which are UST Global, Trans Asia, Claysys Technologies, Syscon Group, Brigade Enterprises and Media Systems will set up campuses in Kochi’s 160-acre Infopark Phase II project.
Ferston Infratel Pvt Ltd and Abad Builders are also jointly developing this IT infrastructure facility and the expenses are expected to be Rs. 2500-crore.
Industries and IT Minister PK Kunhalikutty is very excited about this ambitious project and mentioned that Infopark had so far achieved all the key targets. In the investors’ meet on Friday, he mentioned that the State government, along with the local bodies, would actively support Infopark.
Cognizant will be completing its first campus this year on the 15 acres land which it has acquired in the Phase II of Infopark for developing their campus.
The Phase I campuses of TCS and Brigade are nearing completion. The TCS campus will be ready later this year while the first phase of the Brigade campus will be ready for operation by the middle of 2015.
Infopark CEO Hrishikesh Nair told the stakeholders in the investors’ meet that their target is to double the built-up area to six million square feet by 2015. Infopark is expecting the export revenue to cross 2,000 crore in FY 14-15. Over 10,000 jobs would be created in Kerala and people from all parts of India too will come to work and live in Cochin (Kochi).
Source- The Hindu Business Line
Kochi, Kochi based developers, Kochi government, Kochi metro project, kochi properties, Kochi Real Estate Giants, Situation of Roads in Kochi
