|
|
Home » Track Kerala » Kerala IT Infrastructure Company
To learn various developments and political issues in
Kerala, visitor our Track Kerala section.
Kerala IT Infrastructure Company
Posted Date:
11 Dec, 07
Last Response Date:
11 Dec, 07
Total Responses:
1
|
|
11 Dec 2007
The Kerala government will soon launch an IT infrastructure company, Chief Minister V.S. Achuthanandan said Tuesday.
"In the next financial year, a sum of Rs.500 million would be set aside for this company. The government will hold 51 percent share and the rest will be given out to private and public companies," he told reporters after the weekly cabinet meeting.
Elaborating on the new project, Joseph Mathew, IT advisor to Achuthanandan, told IANS that the concept was simple -- the state making some profits and not just facilitating the industry.
"A mere facilitating role does not bring in rewards to the government. So we decided that if we have a company, we can also make profit, similar to what the Dubai Internet City (DIC) is doing through its Smart City project at Kochi ," said Mathew.
The Technopark campus here and Infopark campus at Kochi are both registered under the Charitable Societies Act, which prevents them from booking profits.
The proposed company would be on the lines of the state's first airport at Kochi built through a private-public partnership.
"We envisage an IT development programme that is spread across the state and not just concentrating at few cities. And it is here that the company's role would be significant. Like DIC, this new company would take up the role of developing IT infrastructure across the state," added Mathew.
|
Recent Developments on 'Kerala IT Infrastructure Company'
|
Post Follow Up
|
| Smart Guy
| Posted Date: 12/11/2007 8:42 AM
|
11 Dec 2007: Kerala to float company for IT infrastructure
THIRUVANANTHAPURAM: With Kerala fast emerging as a major IT destination, the state government has decided to set up a joint venture IT infrastructure development company to provide state-of-the-art facilities on demand to firms setting up units in state.
The government would have 51 per cent share in the company and the rest of the holding would be mobilised from private sector, Chief Minister V S Achuthanandan told reporters after a cabinet meeting today.
An initial allocation of Rs 50 crore would be made for the venture in the 2008-09 state budget.
Several IT majors were showing interest in starting facilities in the state considering its inherent advantages like better connectivity and availability of professionals and skilled workers.The presence of an agency that could create and provide infrastructure including land, buildings and other facilities would be helpful to the IT investors,he said.
The cabinet also decided to initiate steps for acquisition of land for the Kochi metro rail. The negotiations on the project with the Delhi Metro Corporation were on.
"Let us first have the land.The negotiations could continue side by side. A notification for acquisition of the land would be issued shortly," Achuthanandan said when asked about the progress of talks with the Delhi Metro Corporation
More Reading: http://economictimes.indiatimes.com/News/Economy/Infrastructure/Kerala_to_float_company_for_IT_infrastructure/articleshow/2614262.cms
|
NOTE: This is not a discussion forum. Please post only FACTs regarding 'Kerala IT Infrastructure Company'.
If you like to post your opinion, comments or suggestions, please use the discussion forum.
|
| Post
recent developments on this subject. |
|
|
YourSmartKerala.com is developed and sponsored by a group of software professionals from Kerala.
We originally started this site as YourSmartCity.com, with the intention of gathering support for the dream project of Kerala - The upcoming Cochin SmartCity. However, our members were very eager to discuss other issues in Kerala and we decided to spin off this platform for them.
Partner Sites
Resorts in MunnarHotels in KeralaOffshore outsourcing
Offshore development in India
Outsource to India
Custom software developmentCochin Smart CityKerala MatrimonialsFree ASP.NET web hosting
|