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cheapbag214s
Posted: Wed 22:07, 04 Sep 2013
Post subject: Kerala to lease out land to private IT developers-
Kerala to lease out land to personal IT developers,
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Chennai: A departure from developer of knowledge technology (IT) infrastructure to lessor model and concentrate on spreading e-governance activities across the state are going to be the major feature of Kerala government's proposed IT policy to be announced soon, said a top government official.
"Instead of building infrastructure we have chose to discrete the land on long lease for infrastructure developers who'll build the area required for IT companies. The federal government would lease out the land for 90 years at a fixed interest rate," PH Kurian, principal secretary,
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, Department from it and Public Works Department,
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, told IANS in Chennai on Monday.
He was here as area of the official delegation holding the road show for Kerala's mega investment meet 'Emerging Kerala' slated to be held from September 12 to14 in Kochi,
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.
According to Mr Kurian,
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, the federal government has around 600 acres and the other 400 acres in public-private development mode.
"Our rate is going to be much lower than what other states are offering," Mr Kurian added.
The advantage of this insurance policy is the fact that private developers won't build infrastructure but will also generate companies,
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.
Mr Kurian said land for commercial space in IT parks would also be leased out similarly for developers to build malls,
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, multiplexes and other amenities.
"The state continues to be building infrastructure and marketing the space till now. We can do that only up to and including certain limit. With the new way, we hope to determine more IT investments coming to Kerala," Mr Kurian said.
He explained the government would bid out land under the proposed insurance policy for mall and multiplex in Technopark Phase 3,
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.
According to him,
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, the state is targeting multi-national companies (MNC) operating in the advanced technology arena to find their Indian centres in Kerala.
He said Kerala isn't experiencing any slowdown in IT investments.
On the e-governance front,
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, Mr Kurian asserted their state would bring three more districts underneath the e-district project next month and all 14 districts towards the end of this fiscal.
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