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Kochi to have new 'Corporate Park' for IT sector

Written by: Staff
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Kochi, Apr 7 (UNI) The Rs 150 crore Trans Asia Group has announced the commissioning of its state-of-the art Corporate Industrial Park here, targeting the growing IT and ITES sector in Kerala.

Talking to newspersons here last evening, Group CMD K Johnson Mathew said the Corporate Park, would be formally inaugurated by Union Overseas Indian Affairs Minister Vayalar Ravi on April 11.

Trans Asia Group, which has long experience in international shipping, full liner operations, plantations and Information Technology, is making its foray into infrastructure development, targeting IT enabled services sector with the launch of the Corporate Park, he said.

The first phase of the venture, costing about Rs five crore and comprising 30,000 sq ft., was ready for occupation. The entire complex, consisting of 65,000 sq ft., would be ready by early 2007.

The total project cost is Rs ten crore, he added.

Group General Manager Wilson Thomas said that talks were at an advanced stage with six corporates to move into the complex shortly.

Mr Mathew said the core activity of the Group covered ship owning and full liner operations, including Non Vessel Operating Common Carrier (NVOCC).

The group covered 22 seaports and many inland container depots within South-East Asia, the Indian subcontinent and the Middle East.

It has 12 offices in India and one each at Singapore, Colombo and Dubai, he added.

UNI ARC KVV 1200

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