|Chennai||Rs. 25020.00 (0.81%)|
|Mumbai||Rs. 25890.00 (0.98%)|
|Delhi||Rs. 25200.00 (-0.2%)|
|Kolkata||Rs. 25480.00 (1.03%)|
|Kerala||Rs. 24800.00 (0.61%)|
|Bangalore||Rs. 25000.00 (0.81%)|
|Hyderabad||Rs. 25080.00 (1.09%)|
The central government has granted 31 acres of land to the Infopark Kochi - Phase II, meant for setting up a sector-specific IT/ITeS special economic zone (SEZ). The decision was taken in New Delhi at a meeting of the Board of Approvals, ministry of commerce.
The second phase of the park is planned to be developed in 160 acres of land at the Kunnathunadu and Puthencuruz villages in Ernakulam district. According to a government statement, the Phase II would offer the first plug-and-play BPO facility in the state. The park will house domestic parks as well as special economic zones for IT/ITeS.
The domestic park is aimed at creating cost-effective infrastructure for the BPO industry. The Kerala government has allocated Rs 50 crore in the current financial year’s budget for infrastructure development schemes for the Phase II project.
"Infopark will act as a single point developer of basic infrastructure facilities such as substation, power distribution, internal road system, water intake, treatment and storage, data and communication connectivity, guest house, common food courts, etc," said Siddhartha Bhattacharya, Infopark CEO.
The formalisation of the master plan is in progress and consultants are being shortlisted to take up Phase II works.