Technopark to sign agreement with HCL Technologies allotting 2 acres of land in Technopark Phase III on December 7, 2010
Trivandrum, November 30, 2010 – The State Cabinet today approved the recommendations of the District Collector of Trivandrum for acquisition of 7.8 hectares of land for the development of Technopark Phase III in Attipra Village.
With this the land acquisition for Technopark Phase III would be complete. The work for the biggest IT building of 1 million sq.ft, is also progressing at fast pace and is expected to be completed by mid-2011.
Technopark board has allotted 2 acres of non-SEZ land in Technopark phase III to HCL Technologies, one of the leading IT companies in India. The lease agreement for this will be signed on December 7, 2010 in the presence of Hon’ble Chief Minister of Kerala, Shri V S Achuthanandan.
“When the Phase III campus is fully operational, it will provide employment for about 20-25000 IT professionals.” says CEO, Technopark, Mervin Alexander. The Phase III project is funded by a consortium of banks led by South Indian Bank.
The Technopark Phase 3 is being developed over 92 acres of land. Technopark has already commenced construction of a signature building with 1 million sq. ft. built-up area which will be one of the largest IT Buildings in the country. Technopark will be allotting land in Phase 3 to IT/ITES Companies and Infrastructure Development Companies. The support facilities like 110 KV sub-station, water supply system are ready. Work on sewage treatment plant, canal embankment, approach road, internal roads and bridge works are in progress.
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