Kochi, Dec 27 (UNI) The first meeting of the Board of Directors' of the proposed 'Smart City' project at Kakannad near here was convened under the chairmanship of Kerala Fisheries Minister S Sarma.
According to sources, the ten-member board had decided to prepare a master plan for the project by June 2008 and passed an one-year budget for construction and other purposes.
The meeting also elected Smart City CEO Abdul Latif Al-Mulla as the Board vice-chairman.
Executive Director Fareed Abdul Rahman, Business Development Manager Deepak Padmanabhan and others were present at the meeting.
The foundation stone for the Rs 1,700 crore project, a joint venture between the Kerala Government and TECOM Investments of Dubai, was laid by Chief Minister V S Achuthanandan on November 16.