The construction of the first IT building of 2.8 lakh sq. ft. in Cyberpark Kozhikode will commence in the first week of October 2012.
The foundation stone of the project was laid in May 2010. Hyderabad-based KRR Infra has bagged the contract for the construction of the Park’s first IT building. The Board of Governors of Cyberpark Kozhikode will officially hand over the contract to a company at its meeting on September 17.
The contract would see the setting up of a 2.8 lakh sq. ft. IT building at a cost of Rs. 37 crore.
Meanwhile, the government is planning to lease out land in the Cyberpark to private investors.
Projects for setting up three IT buildings, apart from a commercial building and hotel projects, are slated to come up at the land acquired for the government project.
Two residential apartment buildings are also planned as part of the Cyberpark.