Rs. 997.65 cr comprehensive development scheme for Technopark Trivandrum


Trivandrum: Kerala Chief Minister, Shri Oommen Chandy announced a Rs. 997.65 crores comprehensive development project to assist the Technopark and its satellite centres in infrastructure development, land acquisition and marketing in the next five years.

Speaking at the silver jubilee celebrations function held at Technopark campus, he said, “The project would cover the Technopark’s Phase-I, Phase-II and Phase-III campuses, Technocity and the Kollam Technopark, which is the satellite centre. The project will be approved by the government soon.” He also honoured the visionaries and the administrators behind India’s first and the largest IT Park.

The CM also referred to the proposed Rs. 1,500 crores investment project by Taurus in Technopark’s Phase-III campus, and said it has been approved by the Ministry and the construction activities would commence at the earliest. “The huge development scheme combined with the large scale investments will make a big-leap in Kerala’s IT industry.”

Addressing the concerns raised by several stakeholders of Technopark, Minister for IT & Industries, Shri P K Kunhalikkutty, announced the decision to roll-back the rent-hike in the Park. “Technopark’s development model, which is the biggest and the brightest success story of Kerala, could be replicated and in several other fields.”

G Vijaya Raghavan, founder CEO of Technopark and also, Member, State Planning Board, went down the memory lane to recollect the story behind the IT Park. “The concept of Technopark originated in a 1989 meeting held at the Government Guest House in Thycaudu and the credit goes to the then Chief Minister, Shri E K Nayanar, Industries Minister Smt. K R Gowri Amma and K P P Nambiar. The entire project had always been seen beyond political affiliations, and all successive governments supported Technopark in a big way.”

An extended series of events have been planned for the celebrations which include the inauguration of the new Rs. 2.5 crores solid waste management plant, the new security control room and laying of the foundation stone for the largest IT building in the Phase I campus of Technopark during the month of August.

Kerala Biz News


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