Himachal Pradesh Govt. moves to produce IT friendly business landscape

New Delhi, Sep.18 (ANI): Recognizing the enormous potential of Information Technology in acting as a catalyst for the Tier - II growth of Suburban India, The Government of Himachal Pradesh (GoHP) is moving to produce an IT friendly business landscape.

To close the technological gap and nab the marquee, various initiatives are being put in place by the GoHP. Tax Breaks, Exemption from various duties and levies and imports are certain defined benefits for the industry to set base at Himachal Pradesh.

The IT Park cum Township falls will come up in Solan District of Solan, about 20 kilometres from Shimla.

The total area of the project is 64.73 acres. The site is located at a distance of four kilometers from Kiarighat. Kiarighat is on Chandigarh - Shimla highway (NH-22) on midway between Solan and Shimla at an approximately equal distance of 23 kilometres.

Conceptualized as an Integrated Development - offering both residential and commercial options, the project's developmental contours will include built-up IT space of 1.1 million square feet. Built to suit plots for IT in 9.5 acres of land, a township for of 1.31 million square feet, a project cost of 408 crore rupees.

Commercially structured on the Public Private Partnership format. The developer shall be responsible for designing,financing, constructing, operating, maintaining and development of the IT Park cum Township at Waknaghat.

The implementing agency will be the Department of Information Technology, Government of Himachal Pradesh.

To promote the project and the township, an investor Meet will be held in Delhi on September 23. A visit to the site will be organised on September 30, while a pre-bid meeting will be held on October 3, 2009.

The last date for submission of proposal is October 26. (ANI)