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Kochi, India goes for Smart City project

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The Sate Government of Kerala, India has signed the final agreement with Tecom Investments, promoters of the Dubai Internet City, to set up the Smart City in Kochi.

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Kochi will join Malta as the first two members of a global network to develop Smart City. The $350-million project in Kochi will cover one million sq m of land, creating an infrastructure and environment for the knowledge-based industry to grow and flourish along the lines of the successful models of Dubai Internet City and Dubai Media City. It will have a built-up space of 8.8 m sq ft. the Smart City project will also provide employment opportunities in the areas of administration, hospitality, consultancy, construction, tourism, retail and logistics. According to Chief Minister V S Achuthanandan, Smart City will play a key role in tapping the State’s enormous potential for development of key industries such as the ICT and media.

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