With Big IT Firms Missing, Will Kochi Smart City Project Score?
9 years, 1 month ago

With Big IT Firms Missing, Will Kochi Smart City Project Score?

The Quint  

The first phase of the Kochi Smart City project was inaugurated on Saturday amid much fanfare, but names of major IT companies that were expected to have been part of the final list are conspicuously missing. The project spread across 246 acres, was announced as an IT Special Economic Zone intended to attract international IT firms to Kerala and offered 90,000 jobs by its completion in 2020. Though TECOM, a Dubai holding which has 84 percent shares in Smart City claimed in a press meet held two days before the inauguration that 27 multinational companies would join the project on the very first day, only 22 companies finally turned up. The list includes mostly non-IT companies like Little Gems Kindergarten School, Subway outlet, SBT bank, which don’t really need an SEZ for functioning.

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