Report on IT park on CIAL land to be placed before Board

Kochi: The study report on the Information Technology Park proposed by the Cochin International Airport on its land will be placed before the forthcoming meeting of the board of directors, Shriram Bharath, the Managing Director of the airport company said here on Wednesday.
Addressing a press meet at the airport, he said the project will be implemented once the Board takes a final decision. Ernst & Young, the consultant appointed to do the feasibility study, has already submitted the study report. The IT Park is planned on 33 acres of land at an estimated cost of Rs.600 crore.
The park, to be set up in a phased manner is expected to provide 15,000 job opportunities, both direct and indirect, with 5,000 jobs in the first phase.
06/11/06 The Hindu

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