ANOTHER IT PARK TO COME UP IN KERALA

Thiruvananthapuram
The Times of India (Delhi edition)

The CPM-led LDF government in Kerala on Wednesday announced a slew of measures. It allotted land for yet another software park in the state. ‘‘The state cabinet on Wednesday cleared the decision to allot 70 acres of land for the proposed IT Cyber Park at Kozhikode,’’ Achuthanandan said after the cabinet meeting. ‘‘Already two such parks exist - one in the capital and the other at Kochi. The clearance for a new similar park comes at a time when both existing parks are being expanded. The new initiative will help further boost software exports from the state which crossed the Rs 10 billion mark last fiscal,’’ the chief minister said.

Already work is on to expand the two existing parks. In fact, the chief minister will flag off construction work for the third phase of the Technopark campus here on Thursday. The third phase will be developed over 92 acres of land to be implemented as an IT/ITES SEZ.