Two More IT SEZs in Thiruvananthapuram, Now at Technocity

The Technopark, Thiruvananthapuram has requested SEZ clearance for around 130 acres of land for the Technocity project.

“We moved two applications to the Union ministry of commerce and industry on Friday. Our request includes land on both sides of NH 47, the TCS and the Infosys side. The board of approvals meeting on March 30 will decide on this,” said Technopark CEO Girish Babu.

When asked why the Technopark had opted for SEZ clearance only for 130 acres, while it had close to 420 acres in its possession, the CEO said, “To apply for SEZ status, the survey numbers need to be a on a continuous stretch. That is the criterion. We could only manage to get around 130 acres that can be treated as a single plot.”

The Technopark now has 350 acres in its possession, as the high court has stayed the possession of 70 acres as some of the plots belong to clay mine owners who approached the court with a petition stating that they had obtained permission of Union ministry of mines to carry out mining. Some parts of the land belong to individuals as well. So, the HC stayed acquisition of land in Pallipuram, Andoorkonam, Melthonnakkal and Veyiloor villages.

Meanwhile, Infosys has requested that its property on 50 acres be included in the SEZ list . “Infosys is a co-developer and the company could have directly asked for clearance but they wanted us to do it and so we have included their property in the application A,” said K Venu, manager, land acquisition.

Technocity has been planned as an IT-satellite city. Non-SEZ areas will likely have residential, commercial, hospitality, medical and educational facilities.

News Sourced from “Malayala Manorama” & “Times of India

This entry was posted in Business, IT and tagged , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s