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SMART
CITY, KOCHI
From
3000A Cent to 3000 A Square Feet!
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of Kochi’s greatest promises for the future is the $350 million
integrated township, Smart city, said to be modeled around Dubai
integrated City DIC, TECOM, the promoting company of DIC, is
also the main promoter of Smart City.
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The
logic behind Kerala's decision to entrust TECOM with the massive
project was simple -TECOM has experience promoting such massive
projects.
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INFOPARK
| Kochi
was late in entering the IT Parks business. But its flagship
project, Info park, was not a flop, soon attracting IT majors
like TCS, Wipro, ACS, and many more. There were three aces
up Infopark's sleeve - one, Kochi's leadership in high-speed
connectivity; two, Kochi's low salary expectations; and thirdly,
the availability of native manpower in IT/ITES who would work
in Kochi rather than move to Bangalore, Chennai, or elsewhere.
VSNL's primary international
gateway in India, amounting to 15 gbps, is just 2 kms from
Infopark. Today Infopark is enjoying good momentum, though
for a while it seemed that the upcoming Smart City project
would devour it completely.
Kerala Government is said to have spent
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around
Rs. 3000 crore on Infopark, that spreads over 100 acres -
divided into 75 acres that enjoys Special Economic Zone (SEZ)
status and 25 acres with non-SEZ status. Each of these areas
today has around 3.5 lakh sq ft of IT office space. Steady
demand from IT companies and optimistic expectations are together
prodding the government to go in for a massive expansion of
Infopark. While the state will directly build a new 5.5 lakh
sq ft building in the SEZ area, two co-developers viz. L&T
Urban Infrastructure Ltd and The Leela Group are currently
building major projects in both the SEZ and non-SEZ areas.-
Leela's two buildings will come around half a million sq ft,
while L&T's three projects will deliver 1 million. Wipro
is also constructing a 1 million sq ft facility inside Infopark.
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INTERNATIONAL
CONTAINER TRANSSHIPMENT TERMINAL
Kochi's Info Park is only one among
the hundreds of IT Parks coming up in the country. And Kochi's
Smart City is only one among the two-dozen integrated townships
being planned in India. But, when it comes to Kochi's spanking
new container terminal, it is the country's first and only
one. Unbelievable? There are existing container terminals
and there are new container terminals coming up in India,
but the Kochi project is the country's first and only container
Transshipment terminal. The word 'Transshipment' makes all
the difference
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- a difference that can catapult the heritage city into the
league of international business hubs like Singapore, Hong
Kong, & Dubai. Transshipment service is said to be an
important factor behind the original success of these three
booming city-economies. Yes, the Vallarpadam International
Container Transshipment Terminal (ICTT) is a magical possibility
to prosperity, to which many are yet to awaken, most apparently
Kochiites. It is no mere coincidence that the Build-Operate-Transfer
(BOT) contract for Vallarpadam ICTT has been bagged by Dubai
Ports World (DP World) an
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