Cyber park to complete land acquisition soon

The proposed cyber park at Kozhikode on Wednesday got the draft declaration approved by the land revenue commissioner, which enables speedy acquisition of land for the first mega IT project in the Malabar region.

Binu Pazhoor, CEO of Cyber Parks division under the IT department, said land acquisition of the 43 acres would be completed soon. He said 150,000 sft of the first IT building with a total built-up area of 400,000 sft would be ready for commercial launch by early next year. The foundation stone laying ceremony is scheduled for this month end.

In the first phase, the project is expected to generate 1,500 direct employment and 3 million sft of built-up space. Upon completion of the second phase in 2015, it will generate a total of around 30,000 direct employment. Construction work will commence in July, this year.

Cyber park is being developed as a hub and spoke model in the northern part of the state. While the hub is being built on 43 acres in Kozhikode, the spokes will be set up in Kannur and Kasaragod districts. The park will provide special economic zone (SEZ) and non SEZ space for clients serving domestic and international markets. It will also provide basic infrastructure such as a 110 KV substation, rain water harvesting and waste water recycling and eco friendly waste management, an IT department release said.