A New IT park to come up at Kollam

Kerala’s first district IT park to come up at Kollam.Technopark officials here are finalizing the master plan for the first district level IT park in Kerala, to come up at Kundara near Kollam. the IT park would be developed under the public-private partnership (PPP) policy of the state government. The formal inauguration will take place next month, when the foundation stone would be laid by Chief Minister V.S. Achuthanandan. Forty acres of land is in possession and the project will see IT infrastructure being developed by the Technopark and real estate developers.

This would be a joint development project and in all there would be 1.5 million square feet of built-up area, In last year the state government announced that IT level parks would be developed under private-public partnership model in the 14 districts of the state.In the first phase, IT parks would come up in Kollam, Alappuzha, Thrissur, Kannur and Kasaragod.Currently, IT companies operating in the state are based either at the Technopark campus here or in the Infopark campus in Kochi.

According to the government, the district level IT parks would help the IT industry expand operations across the state. Also, operating from the district parks would be cheaper for IT companies than functioning from Technopark or Infopark campuses.

Kollam has certainly a lot of positives because a good number of educational institutions are there and also we propose to peg the rate per square feet at Kollam IT park around 30 percent cheaper than at the Technopark campus (where the rate is Rs.25 per square feet) – Accroding to the officials.The government would hold 51 percent stake in the district level parks and the rest will be with private and public companies, which would build the necessary infrastructure.

According to TechnoparkToday.com, Starting more IT parks will help the companies to operate more cheaper and better, also more localized resource distribution may attract more native professionals and it can put a break on the Jumping game in IT.and it definelty help to reduce all the hypes ,demands and unreasonable prices for the real estate as well as commodity items near the existing IT parks like Technopark and Infopark.

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