The government today received a reply from TECOM, the promoters of the SmartCity project. Tecom’s letter stated that they are keen in implementing the proposed project. Tecom has stated this in a press release handed over to the media.
TECOM has invited government delegates along with Chief Minister VS Achuthanandan for further talks if they are interested in the project. They invited the chief minister for holding talks in Dubai. Tecom further added that they were keen to solve the difference in opinion for the much awaited Smart city project in Kochi.
TECOM, the promoters of the project, has been asking for 12% freehold land right whereby they will even be able to sell the land. TECOM had announced that jobs would be offered to 90,000 persons, when the project is ready. But, so far not even a single person has obtained any job. They are delaying the project by raising unnecessary things.
As of now, Smart City project is clouded by uncertainties. If it fails, then it could bring about a big loss, both in money-wise and employment-wise and the sole responsibility will be the politics in Kerala.
I think TECOM is waiting for the next govt to take charge after the assembly elections…
Our govt is planing to give 5 more “final warning” letters to TECOM