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February 1st, 2014

SmartCity Kochi Enters into Three New Partnerships

At its first road show held in Bangalore towards the end of January 2014, SmartCity Kochi entered into partnership with three companies for office spaces, residences, apartments, retail, and a centre for digital sciences.

Agreements were signed with Whitefield Estates, Bangalore-based Maratt Limited, and Kochi-based Elton Technologies.

Source: The Hindu

January 30th, 2014

Infopark to Set Up Technology Business Centre

Following its takeover of the ITES Habitat from the Kerala State IT Mission at Kaloor, Infopark Kochi is all set to start a new Technology Business Centre (TBC) in the facility.

Infopark has created a plan to upgrade the existing facility, which hosts more than 50 small and medium IT enterprises currently. It is located inside the Jawaharlal Nehru Stadium in Kaloor and is on a lease from GCDA.

Infopark CEO Hrishikesh Nair said that they were “working towards setting up a full-fledged Technology Business Incubation Centre” in the second phase of the park’s expansion.  At least 10,000 sq ft of IT space will be allocated to the centre.

Incubation facilities at the centre will be set up in association with the NRI-TBI. The centre will provide necessary infrastructure support, technology or prototype development support, research assistance, help in sourcing funding, business consulting assistance, and all necessary support to incubate and accelerate the business.

Source: The Hindu

December 21st, 2013

State Government Sanction to Boost Industrial Zone at Kakkanad

The industrial zone at Kakkanad, includes the upcoming Smart City, the IT hub Infopark Kochi, and the promising KINFRA Export Promotion Industrial Park, will have improved connectivity and water supply by mid-2015, thanks to an administrative sanction for projects worth Rs. 40 crore accorded by the Government of Kerala.

The projects are expected to be in motion by March 2014 and completed within 15 months. The funds earmarked for these projects will be based on actual requirement and tender or e-tender. The project proposes a 30-million-litre-per-day water-supply system for Smart city, Infopark Kochi, and Kinfra Industrial Park and construction of a four-lane (1.5 Km) approach road.

Source: The New Indian Express

December 4th, 2013

Allianz to Launch Eco-Friendly Projects in Technopark

Technopark Trivandrum-based Allianz will launch two environment-friendly projects—Bird Point and Think Point—in the park campus. The projects will be launched as part of the company’s 10th anniversary celebrations.

Bird Point is designed as a ‘dedicated space for birds’ inside the campus. It will have ten bird huts, three bird baths, and three feeders. On the other hand, Think Point is an initiative to provide park benches.

Source: The Hindu

December 3rd, 2013

Taurus Investment Holdings Wins Technopark Trivandrum’s ‘Swiss Challenge’

Technopark’s Swiss Challenge bid got the proposal submitted by Boston real-estate development firm Taurus Investment Holdings, along with its partners Hansji Corporation and Rose Global LLC, has won Technopark Trivandrum’s ‘Swiss Challenge’ and will be responsible for creating a business district in Technopark Phase III.

The company had submitted a proposal to develop around 2,500,000 sq ft of built-up space on a 90-year lease in January this year. The proposed investment is over Rs. 1200 crore. The space will include 15–20 lakh sq ft of IT office space, hotels, shopping facilities, and a convention centre.

The first phase is expected to begin in June 2014 and commissioned January 2017.

Source: Technopark Today