Tecom vacates their Smart City Kochi Project office

The Tecom Monday vacated the office space at Vazhakkala here.

Tecom CEO Fareed Abdul Rahman in person handed over the deed to the village office here. The deed had to be registered since Tecom is a foreign company.

Smart City director board meet Today
The board of directors of Smart City is scheduled to meet here Monday evening.

The meeting assumes significance in the wake of government deadline to Smart City authorities regarding the project. There are indications that Tecom officials might hold unofficial talks with the state government.

It is six years since the Smart City entered the minds of Keralites as a dream project, but the wrangling by the state government and the Tecom over freehold rights ensured that the project did not take off.

Smart City Dubai had last week day said it had not asked for anything outside the framework agreement signed with the Kerala government.

“Freehold is a contractual obligation, not a favour done to us. Moreover, the freehold is asked for Smart City Kochi, an Indian company registered under the Indian companies act. We are not asking for anything which is not in the framework agreement,” a statement from Smart City said.

Source

Update
Next Smartcity Kochi Directors Meeting decided on June 28, 2010.