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Work on SmartCity Kochi begins in Oct.
SmartCity Kochi, a self-sustained township for knowledge-based industry here, held its first meeting of the Board of Directors. Speaking to mediapersons after the meeting, Kerala Fisheries and Registration Minister S Sarma, who is also the Chairman of SmartCity Kochi project, said the construction work of the project would start in October end.
He said four firms were short listed after calling global tenders for the master planners. Negotiations with two firms were in progress for the project, he said. Recently the Board for Approval for SEZ at the Centre had accorded SEZ status for 136 acres of land for the project.
Necessary steps have already been initiated to obtain formal SEZ status for the remaining 100 acres of land, which had accorded the SEZ status in principle by the Board.
SmartCity Kochi, to be developed by Dubai-based SmartCity, the joint venture company promoted by TECOM Investments and Sama Dubai, in partnership with the Government of Kerala, will be one of India’s largest business parks. The project will generate over 90,000 jobs. - PTI
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