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SmartCity waits for SEZ Board clearance SEZ NewsThe director's board has approved the concept master plan of the SmartCity Project in Thiruvarantapuram. Now only the clearance from the Special Economic Zone Board of Approval is awating to start the building construction of the project. In near future everybody is expecting that the SEZ Board of Approval will consider the project and may suggest some changes. And on the basis of the changes the building construction will b start. Baju George, the managing director of SmartCity said, "We expect to begin construction by next month. But we need to get SEZ Board of Approval clearance before that." Earlier in 2008 Tecom, the promoters entrusted a British firm with the preparation of the master plan. But the plan was dropped due to the differences of opinion arose between promoters and the state government. After sorting out the issues, the government and Tecom entered into a lease agreement for the 246 acres handed over for the project in 2010. When the new government came to power, it appointed a new firm for preparing the master plan.
The concept master plan was prepared after taking into consideration the lifestyle of IT professionals, including housing, shopping and health care facilities. The project, sprawling over 246 acres at Edachira, Kakkanad is expected to generate 90,000 direct jobs. The first phase, expected to be completed by 2013 end, will provide 3,000 direct jobs. |
The construction of 6,000 sq ft office-cum-sales pavilion is being readied. According to the schedule, the work of the building, inaugurated on October 8, 2011, should have been completed by January 14, 2012. But the work is yet to be completed. Tecom authorities said the work on the office-cum-pavilion would be completed by next month.