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CIAL to explore feasibility of setting up IT Park

Written by: Staff
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Kochi, Sep 14 (UNI) The Cochin International Airport Ltd. (CIAL), running the country's first joint sector airport at Nedumbassery here, today decided to explore the feasibility of utilising part of the large land tract available with the company to set up an IT park in the Nedumbassery area.

The CIAL board, at its meeting here presided over by Kerala Chief Minister V S Achuthanandan, asked CIAL Managing Director Sreeram Bharat to appoint an agency to undertake a feasibility study on the IT Park and submit the report by the next board meeting in the last week of October.

Talking to UNI after the board meeting, Mr Bharat said the final decision on the setting up of the IT Park, spread over a 35 acre area, would be taken only after the completion of the feasibility study.

In other decisions taken by the CIAL board today, included the company calling for bids to set up one of the largest golf courses in the country.

The union tourism ministry had given a grant of Rs ten crore for the golf course to the Kerala Government, which in turn had asked the CIAL to undertake it.

The golf course wold come up on a 120 acre plot belonging to the CIAL close to the Nedumbassery Airport.

The board also decided to explore the possibility of setting up a convention centre and two or three five star hotels in the vicinity of the golf course to make it a profitable venture.

All these projects were being proposed with a view to generating revenues for the airport and as part of its land utilisation plan, Mr Bharat added.

UNI ARC VV RL BST2104

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