Tecom to respond soon about Smart city Kochi

Tecom CEO Fareed Abdul Rehman has made it clear that a reply in connection with the much expected Smart city project would be handed over to the State government within 30th of this month.

Elucidating the company’s stance, the CEO said that they would give reply after only consulting with experts regarding the same. It would have the reply for all the suspicions put forward by the government. If a positive response was not obtained from the government, further decision on the same would be taken later, he added.
Adding a note, he said that the company had already spend more than Rs. 100 Crores for the project.

Earlier report

The State cabinet on last Thursday decided to serve a notice to TECOM in connection with the Smart City project.

In the notice, the government will inform their unwillingness to accede to the demand of TECOM wanting 12 % freehold land. If a reply is not received within 10 days, the government will consider that TECOM has withdrawn from the project.