Kerala chief minister of Kerala VS Achutha-nandan today inaugurated Techno-park’s first spoke – the Kollam Technopark. The Kollam Technopark is being developed on a 40-acre special economic zone as a modern and world-standard IT park at Kundara on the banks of Ashtamudi lake. Former Indian cricket captain Krishnamachari Srikkanth was the guest at the inaugural.
Initially offering 100,000 sft of built-up space with plug-and-play facilities, Kollam Technopark is all set to carry on Kerala's IT programme. The project when completed will have 2 million sft of built-up space and will provide employment to around 10,000 IT/ITeS professionals.
“The work on the conceptual design for a modern IT building, measuring half a million sft of built-up space incorporating the green building concept is already progressing. The IT building has a futuristic design, marking a clear distinction from the conventional construction. This structure is located at the top most point in the campus from where one will capture an enchanting view of the Ashtamudi lake," said Technopark CEO, Mervin Alexander.
Kollam Technopark will also be the first IT park to have access through water transport. The first phase of the building will be operational from August 2011. The remaining land will be allotted to IT/ITeS companies and IT infrastructure developers as developed plots as per the master plan, he added.
The government of Kerala has sanctioned Rs 5.95 crore for developing the road infrastructure to the park and the state PWD has already initiated action to widen and develop the existing road. Nabard had sanctioned Rs 63 crore towards the development of the park under the Rural Infrastructure Development Fund (RIDF) scheme.
The work on canal embankment entrusted to the Kerala Inland Navigation Department is also progressing at a fast pace along with other infrastructural development such as water supply and sewage treatment plant.
The estimate for the IT building is Rs 25 crore. Rs 4.8 crore was incurred towards land development, Rs 7 crore for the substation that is under construction. The total cost of the 110KV UG cable will be Rs 18.2 crore, and the water supply scheme will cost Rs 4.9 crore.