Thiruvananthapuram: Global industrial real estate leader, Panattoni and Kerala-based Edayar Zinc have announced a strategic partnership to develop a state-of-the-art, Grade A+ multi-client logistics and industrial park in Edayar Industrial Area, Kochi, with a total investment of Rs 800 crores.
This landmark development marks Panattoni’s entry into Kerala and serves as the anchor project within the Kerala Logistics & Industrial City (KLIC), a visionary initiative by Edayar Zinc Ltd. that will position Kochi as a gateway for global industrial and logistics investment.
Nobert Sumislawski, MD, Panattoni and Mohamed Bismith, MD, Edayar Zinc, formally executed the agreement in the presence of Shri P Rajeev, Minister for Industries, and APM Mohammed Hanish, IAS, Principal Secretary (Industries). Vishnuraj P, MD, KSIDC and Santhosh Koshy, MD, KINFRA, were also present.
The new park will be developed in two phases, with Phase I spanning 20 acres and featuring 5.2 lakh sq. ft. of world-class infrastructure, catering to e-commerce, FMCG, 3PL, and pharmaceutical clients. The facility will feature 12-meter clear height, FM2-grade floors, 5-tonne/sq. m. loading capacity, K160 sprinklers, and IGBC-certified sustainable design, setting new benchmarks in the region’s logistics ecosystem. Construction will begin in February 2026, with Phase 1 operations targeted for February 2027.
Norbert commented, “This partnership with Edayar Zinc reflects our shared commitment to developing world-class, sustainable, and flexible logistics infrastructure. The Kochi project exemplifies our model of combining global expertise with local entrepreneurship to unlock industrial potential and create employment opportunities that strengthen regional economies.”
Bismith added, “KLIC represents our vision to transform Edayar into a vibrant industrial hub that contributes meaningfully to Kerala’s economic growth. With plans to host over 50 industrial units and generate more than 5,000 direct and indirect jobs, and with over Rs 1,500 crore of projected investments from diverse industrial and logistics projects, KLIC is designed to become a self-sustaining ecosystem that drives sustainable industrial progress and Kerala’s next phase of economic development.”
The proposed future developments at KLIC include the Global Machinery, Equipment and Technology (GMET) Corridor and the Industrial Gala, offering state-of-the-art, built-to-lease spaces for manufacturing, assembly, and allied operations.