Online edition of India's National Newspaper
Wednesday, Jul 26, 2006
Online edition of India's National Newspaper Wednesday, Jul 26, 2006 |
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Kerala
Special Correspondent
FOCUS ON DEVELOPMENT: THE Board of directors of Cochin International Airports Limited meeting under the chairmanship of Chief Minister V. S. Achuthanandan in the capital on Tuesday.
THIRUVANANTHAPURAM: Cochin International Airports Limited (CIAL) will examine the feasibility of setting up an IT park in 35 acres (just over 14 hectares) of unused land in its possession at Nedumbasserry in Ernakulam district, adjoining the airport.
Tentative proposal
CIAL authorities said that a tentative proposal for the IT park was presented by one of the directors when the board of directors of the CIAL met under the chairmanship of Chief Minister V. S. Achuthanandan here on Tuesday. The Chief Minister asked CIAL authorities to get a detailed project report prepared and present it at the next board meeting scheduled for August 25. The proposal was that the idle land with the CIAL could provide the ideal setting for an IT park, with international air connectivity next door and the metro-like facilities of Kochi city for high spending professionals not very far off. A couple of hours' drive to the high ranges will also afford them excellent opportunities for weekend leisure, thereby making Nedumbasserry an attractive working place for them. The meeting was told that the place could attract an investment of over Rs.600 crores, providing jobs to more than 12,000 professionals.
Panels constituted
The meeting constituted three committees, one to help the CIAL with its day-to-day decisions, one to oversee the share transfer operations and one to conduct audit operations. Ministers S. Sarma and T. M. Thomas Isaac would head the first and second committee respectively and `Galfar' Mohammed, a director, the third.
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