Comments
The much-delayed first phase of SmartCity Kochi, a joint venture of SmartCity Dubai and the Kerala Government, is ready for opening and will most likely take place in January.
The exact date of the opening will depend on the convenience of Prime Minister Sheikh Mohammed Bin Rashid Al-Maktoum of the United Arab Emirates, who is also the Emir of Dubai. Built-up area of around 6.5 lakh square feet will be open for commercial utilisation once the first phase is opened and nearly three-fourths of the space has already been taken by major companies in the IT and ITES sector.
Along with the opening of the first phase, the work on the second phase, which aims to build a much larger space than the first, will also begin. On Monday, State Chief Secretary Jiji Thomson reviewed the progress of the project as well as that of ancillary infrastructure development.
SmartCity, a much-hyped development project in Kochi, has been delayed for several years mainly because of the financial meltdown in Dubai around the turn of the decade and bureaucratic bottlenecks.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.