Technopark near here, one of India''s oldest IT parks, on Sept 4 embarked on a new stage of growth with the beginning of work on its third phase. Phase III of Technopark will cover an area of 92 acres and will be an IT/ITES special economic zone. While 40 of the 92 acres will be built by a private developer, the remaining land will be developed by the Technopark authorities.
The private developer will be chose via a competitive bidding process, which is currently on. Some of the land being retained for development by the Technopark authorities will be given to individual IT companies to build their own campuses. The total infusing in phase three of the park is expected to be over Rs 1,500 crore. Once phase three is complete, Technopark-Thiruvananthapuram will have a built-up area of around 10 million square feet and will directly employ at least 100,000 IT/ITES professionals
The private developer will be chose via a competitive bidding process, which is currently on. Some of the land being retained for development by the Technopark authorities will be given to individual IT companies to build their own campuses. The total infusing in phase three of the park is expected to be over Rs 1,500 crore. Once phase three is complete, Technopark-Thiruvananthapuram will have a built-up area of around 10 million square feet and will directly employ at least 100,000 IT/ITES professionals
No comments:
Post a Comment