Archives @ Kerala IT News

Wednesday, Oct 07th

Last update:06-09-2013 12:32 PM

You are here: IT Parks Technopark CM launches Technocity @ Trivandrum

CM launches Technocity @ Trivandrum


Tvm: Chief Minister Shri V S Achuthanandan launched Kerala IT’s biggest IT project, Technocity at Thiruvananthapuram today. The project, on completion, would provide 100,000 IT / ITeS jobs directly and generate about 400,000 indirect jobs.

Speaking at the launch, Chief Minister said that Technocity is a gift to the people on the occasion of the fourth anniversary of the LDF Government. Technocity is a milestone in the development of IT in Kerala. Apart from IT, the project would focus on new areas like BT, Nanotechnology and R&D for high end manufacturing.

Presenting a report on Technocity, Dr. Ajay Kumar IAS, Principal Secretary (IT) said, “Technocity would see an investment of Rs.6000 to Rs.7000 crores over a period of five to eight years. About Rs.313 crores have been spent to acquire about 450 acres of land in the Andurkonam and Manglapuram panchayats in Trivandrum District, 5 kms north of the Technopark main campus on the NH 47 towards Kollam."

The project was planned in 2006 as an integrated township, encompassing IT / ITeS infrastructure, residential apartments, shopping malls, hospitals, hotels, educational institutions, and other support facilities. Technocity, Kerala IT’s dream project is planned as a self dependent satellite city that would not strain the resources and infrastructure of Trivandrum city.  The entire project will be developed through multiple Special Purpose Vehicles (SPVs) in association with leading developers.

Anil Philip
Kerala IT News

Disclaimer & Terms of use

The comments published here are not necessarily endorsed by Kerala IT News. All comments will be moderated and no comment deemed unfit for publication will be displayed. Though it is our endeavour to publish comments at the earliest, there will be time lag between submission and publication of the comment. The website reserves the right to publish or reject any comment.