Smart City team in Kerala to expedite project

Image
George Joseph Chennai/ Kochi
Last Updated : Jan 29 2013 | 2:54 AM IST

A high-level team of Dubai-based Tecom, which is partnering the Kerala government for SmartCity, is arriving here next week to sort out various issues pertaining to the project.

Though the foundation stone for the project was laid a year ago, civil work is yet to begin. Moreover, it is alleged that Tecom is trying to delay the implementation due to world economic turmoil.

However, Fareed Abdulrahman, CEO of SmartCity, says, “Our immediate priority is to obtain stamp duty exemption and secure SEZ status for SmartCity to enable us to begin the construction. We have been and will continue to do everything in our hands to remove the bottlenecks and expedite the project.”

The proposed land for the project is divided by a river and, therefore, requires two separate approvals for SEZ status. Currently, the project has SEZ status only for 134 acres. The approval for the other 100 acres of Brahmapuram land, which has Kerala State Electricity Board's installations, is pending with the Centre.

The Tecom officials will be meeting the district collector and the core committee members to discuss issues related to cost sharing for relocating the installation and other structures on the 100 acres.

Meanwhile, SmartCity has, in principle, agreed to relocate the PWD road inside the project land at its own cost. However, this is yet to be approved by the board members. The company has proposed to lay an alternative road.

Further, SmartCity Kochi has already approached the district administration to acquire approximately 19 cents of the land located in the heart of the 100-acre land parcel, which was not part of the initial proposal.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 17 2008 | 12:00 AM IST

Next Story