The first phase of Kerala’s dream SmartCity project, including 6.5 lakh sq ft IT tower overlooking a 300 meter waterfront area, was inaugurated by Chief Minister Oommen Chandy in the presence of top leaders of Kerala and UAE on Saturday. The launch of the 4.7 million sq ft Phase II was also performed simultaneously. It will be completed in 36 months and provide 60,000 jobs.
After smarting under controversies and delays for over a decade, the SmartCity project is on track now. Proponents of the project, which is inspired by the great success of internet and media cities, claim it brings the expertise of Dubai to develop self-sustained clusters for knowledge based enterprises that aim to serve the Indian subcontinent and beyond.
IT Boom in Kochi
Kochi witnesses two landmark events in the IT sector, the inauguration of the first IT building of Smart City Kochi (SCK) and the commencement of work on Phase II of Infopark. Work on the Rs 2500-crore Phase II project of Infopark, spread across 160 acres, is set for inauguration and is expected to be ready for operations by 2020. The phase II project is aimed at creating 8 million sq ft work space for IT/ITeS companies and generating about 80,000 job opportunities.
Inauguration of SmartCity Kochi – CM’s words
Addressing the gathering, Chief Minister Oommen Chandy said Kerala has opened its doors to the world with the SmartCity. “Till now, our youngsters were going overseas to make a living. Now, the world will be coming to Kerala”, he added.