On Friday, January 20, 2012, Kerala Chief minister Oommen Chandy laid the foundation stone for the much-awaited software development building of the upcoming UL CyberPark, promoted by the Uralungul Labour Contract Cooperative Society Ltd (ULCCS) at Nellikode.
The CM said that the Government of Kerala would implement a special action plan to speed up the IT development of Malabar and take initiatives to develop Kozhikode as the third IT hub in the state. Kozhikode will soon be in an IT hotspot like Thiruvananthapuram and Kochi.
The construction of the UL Cyberpark’s first building will begin in April this year. The building will have an area of 2.6 lakh square feet. An incubator along the lines of the Technopark Business Incubation Centre (T-TBIC) for start-up firms will be ready by June 2012. Construction of the approach road to the Cyber Park will start in the coming March.
P.K. Kunhalikutty, the State Minister for Industries and IT, inaugurated the QuickSpace building at the UL CyberPark. He said that the Government would develop a cluster of IT and high-tech export-oriented industries within 50 Km from the Karipur International Airport.
The UL CyberPark will come up in an area of 25 acres. It holds the distinction of being the first IT special economic zone in Malabar. Its estimated investment is Rs. 600 crore. It is expected to have a total built up area of three million square feet. The first phase of the project will involve an area of 14-lakh square feet.
M.K. Muneer, the State Minister for Panchayaths and Social Welfare, presided over the function. Mayor A.K. Premajam, M.K. Raghavan MP, former minister Elamaram Kareem MLA, A. Pradeep Kumar MLA, and P. Rameshan, Chairman and MD of UL CyberPark, were among those who spoke at the function.
Source: Times of India