Bangalore, January 27, 2014: SmartCity Kochi (SCK), a joint venture between Dubai Holding’s SmartCity and the Government of Kerala held its first Road-Show in the city today. The Project includes a futuristic 246-acre knowledge hub in Kochi, Kerala. Major partnerships related to the SEZ were signed today covering office spaces, residences, apartments, retail, and a centre for digital sciences. Earlier this year SCK signed 2 partnerships for development of apartments and a K-12 school. This new development will amount to building over 25 lakhs sqft of built up space in the first phase of development.
The new partnerships signed today include,
· Whitefield Estates’ development over 3 phases for the ICT office spaces with a total Built-up-Area (BuA) of 18 lakhs sqft
· Bangalore-based Maratt Ltd.’s, Grade A office complex for knowledge-based companies spread over 3 lakhs sqft of BuA
· Kochi-based Elton Technologies’ digital cluster to be known as International Centre for Digital Creative Sciences will be spread over 4.5 lakhs sqft of BuA. It will focus on the development and training of individuals in various Digital Creative Sciences like, Architecture, Fashion, Technology, Automobile Engineering, Product design, Cinematography & Software Development.
Earlier in his message from Thiruvananthapuram, capital of Kerala, Chief Minister Shri Oommen Chandy stated, “SmartCity Kochi has the potential to take the IT aspirations of Kerala to new heights. The project is fast emerging as one of the proud symbols of Kerala’s developmental initiatives. I am sure that the SmartCity Road-Show in Bangalore will unveil many avenues to prospective stakeholders, enabling them to become a part of one of the most harmonious destinations for doing business in India. I look forward to rewarding partnerships as part of this Road-Show.”
Addressing the Road-Show, H. E. Abdullatif AlMulla, Chief Business Development Officer, Dubai Holding and Vice Chairman, SmartCity Kochi, remarked, “We are very proud of the progress in achieving our vision together with our co-developing partners. Looking forward, we would like to invite the distinguished IT and knowledge-based companies to be a part of SmartCity’s vision of creating a global network of knowledge clusters.” He added, “We thank all our current and future partners for believing in and wishing us success”.
Earlier, Dubai-based GEMS Education had announced their first campus in South India in SmartCity, Kochi offering an International Kindergarten to 12th grade curriculum for 3,000 students. In addition, Kerala-based Asten Realtors is also collaborating to develop 5 apartment towers of 24 storeys each. Unique to the region, the apartments will feature automated homes with modern world-class amenities. In his presentation, Dr. Baju George, Managing Director, SCK said, “Thanks to our partners, SCK today has a higher growth potential than before. It is designed to be a Digital Knowledge Township and part of an international network of clusters that connect Europe, Middle East and the Indian subcontinent. The vision is to bring businesses, people and knowledge closer through this initiative.”
SCK01, one of India’s largest LEED Platinum rated IT Building (6.5 lakh sqft), will be operational by December 2014 and a number of major IT players have already expressed interest to have their presence at SCK01.