The SmartCity Kochi Project will be completed in three years. Construction work for the project will not be extended beyond 2020.
An assurance to this effect was given to Chief Minister Pinarayi Vijayan by top officials of the SmartCity Kochi project at a discussion at the Secretariat on Thursday.
The Chief Minister said it was agreed upon to complete all the civil works of the project by 2020.
The expansion of the SmartCity is being planned to create one lakh job opportunities, Mr. Vijayan said. As per the agreement, 88 lakh sq.ft built-up area has to be constructed. Of this, 67 lakh sq.ft floor space is for IT and 21 lakh sq. ft is for non-IT. The Chief Minister was informed that construction of only 6.5 lakh sq. ft building was over.
The construction of the 55.5 lakh sq.ft built up area will be completed before 2020 and it would be solely for IT, the officials said.
The other built-up area in the project will be for creating facilities for employees. Mr. Vijayan said it was decided to hold the next board meeting on August 6 in Kochi.
Vice-chairman of SmartCity Kochi Jaber Bin Hafiz; chairman, Lulu Group, M.M. Yusuf Ali; CEO, SmartCity, Baju George; Additional Chief Secretary Nalini Netto; and Secretary, IT, M. Shivasankar; participated in the discussions.