|
|
Kerala Cabinet approves Smart City project
4 MAY 2005 - DeepikaGlobal
URL: http://www.deepikaglobal.com/latestnews.asp?ncode=27696
Thiruvananthapuram, May 4 (UNI) The Kerala Cabinet today approved in principle
a Rs 1,500 crore 'Smart City' project to be implemented at Kochi by the Dubai
Internet City(DIC), Chief Minister Oommen Chandy announced today.
The state Govenment will sign a Memorandum of Understanding (MOU) with the DIC
shortly, the Chief Minister told newspersons here after a meeting of the state
Cabinet.
Stating that the Law and Finance Departments had been asked to study the draft
MoU, he said the Smart City project, in which the government would have nine
per cent equity participation, would generate 33,300 direct employments within
the next ten years.
In the first phase, the DIC would invest Rs 1,500 crore for the project.
All the issues relating to the handing over of the land had been sorted out, he
said, adding the Info Park and surrounding 62.27 acres of land would be given
to the DIC at a cost of Rs 109 crore.
Another 136 acres of land in the vicity would be handed over to them at Rs 36
crore.
As part of the state government's IT policy under which those who create 100
job opportunities could be given 30 cents of land, the government would give
another 100 acres of land free of cost to the DIC which promised to generate
33,300 job opportunities in a phased manner within the next ten years.
Mr Chandy, who visited the Dubai Internet City during his two-day Gulf tour,
said the Smart City would also have world class infrastructure to woo major
companies to Kerala.
Denying the charges of Leader of the Opposition V S Achuthanandan that
corruption was involved in the land deal with the DIC, Mr Chandy said the
entire process would be done in a transparent manner.
Return to Cochin Smart City Homepage
|
|
About YourSmartCity.com
We are building a complete portal to support and welcome the Smart City to Kochi! YourSmartCity.com is developed and sponsored by a group of software professionals from Kerala.
Upcoming features in YourSmartCity.com
We will provide all online features required for the Smart Guys coming to Cochin Smart City. Some of our planned features include:
Buy or Sell land - want to buy a plot or flat or house near the Cochin Smart City ?Buy or Sell vehicles - we know you may need a Bike or Car when you start working in your future office in Smart City. Our classifieds section will allow you to buy or sell Bike or Car in and around the smart city.Accommodation - need accommodation near Smart City? What are you looking for ? Flat or paying guest or rental house? We can help you find your choice of accommodation.This is not an official web site of Cochin Smart City. But we can provide almost everything you want to know about Cochin Smart City, probably more than what an official website can provide you.
Partner Sites
Nursing Colleges in Tamilnadu
Resorts in MunnarHotels in KeralaOffshore outsourcing
Offshore development in India
Outsource to India
Custom software developmentKerala Discussion ForumKerala MatrimonialsFree ASP.NET web hosting
|