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Kochi SmartCity commences; phase-1 to be completed in 2 yrs

KOCHI: Construction of the much delayed Rs 2,000 crore SmartCity project at the nearby Kakkanad commenced today and the first phase is expected to be completed in two years.

Within 24 months the project’s first phase would be ready and is expected to provide about 7,000 jobs, Kerala Chief Minister Oommen Chandy said after performing the “ground breaking ceremony” of the 6,000 sq ft pavillion building, which will be completed within 14 weeks.

SmartCity is a conglomerate promoted by Dubai Holding member, TECOM Investments, to develop and manage Knowledge industry Townships Worldwide. It is based on Dubai’s models of Internet City, Media City and Knowledge Village to promote the growth of ‘knowledge-based’ companies.

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