The master plan of prestigious IT project Smart City Kochi was cleared at a meeting held in Dubai on Thursday, and work on it is slated to begin in July, officials said.
The board meeting was attended by Kerala Chief Minister Oommen Chandy, Industries Minister P.K. Kunhalikutty, Minister of Diaspora K.C. Joseph, top IT officials and the management team of Smart City Dubai, the partner for the project.
An official close to Chandy told Ians that the construction work was scheduled to begin on July 1.
“The chief minister has extended an invitation to His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to be present that day,” the official said. “The project will be completed in two phases. The first phase consists of two buildings each having an area of 400,000sqft. The completion time is 18 months,” said a top official involved in the Smart City Kochi project, who requested anonymity.
The 250-acre, Rs5,000-crore ($1 billion) project will come up under a single special economic zone. The ground-breaking ceremony for it was held in October 2011.
Smart City Kochi was first conceived when Chandy was the chief minister in 2004, but the project was given clearance by then-chief minister V.S. Achuthanandan at the fag-end of his term.
The Chandy government began the project last June by inaugurating a 10,000sqft state-of-the-art sales pavilion.