JB Group’s Rs 1,500-cr IT project for Kochi
ECONOMY BUREAU,financialexpress
Send Feedback E-mail this story Print this story
THIRUVANANTHAPURAM,MAR 13: It’s a “head I win - tail I win” toss for Kochi. Enter $1.7-billion JB Group from Hong Kong to Kerala this week with a Rs 1,500-crore IT project, giving a dicey twist to Dubai Tecom drama dragging over $300-SmartCity in Kochi.
A delegation representing the Bangkok-based infrastructure player JB Group has offered an IT city in Kochi on par with the Giga Space, that JB has set up in Pune. Against Dubai Tecom’s project offering 90,000 jobs in 10 years, the new entrants have offered one lakh jobs “within 36 months of signing the pact.”
“Chief minister VS Achuthanandan was positive, when we tabled our offer, seeking 100 acres land on 99-year lease,” Gautam Kanjilal, Infiniti Consulting Corporation told reporters, here. Land on lease for 99 years had exactly been sore spot between Tecom and the LDF government in Kerala. Kanjilal claims he has the goahead to comeback “within two weeks” with feasibility and technical reports.
If the DPR (detailed project report) is accepted, we expect to sign the agreement straightaway, instead of dithering over the MoU, claims the Infiniti Consulting Corporation team.
But it’s not necessarily exit Dubai-Tecom and its SmartCity project or vice versa, assures Gautam Kanjilal. “We are not bargain-hunters,” says Kartik Somaiah, Key Account Manager (Asia Pacific).
Send Feedback E-mail this story Print this story
THIRUVANANTHAPURAM,MAR 13: It’s a “head I win - tail I win” toss for Kochi. Enter $1.7-billion JB Group from Hong Kong to Kerala this week with a Rs 1,500-crore IT project, giving a dicey twist to Dubai Tecom drama dragging over $300-SmartCity in Kochi.
A delegation representing the Bangkok-based infrastructure player JB Group has offered an IT city in Kochi on par with the Giga Space, that JB has set up in Pune. Against Dubai Tecom’s project offering 90,000 jobs in 10 years, the new entrants have offered one lakh jobs “within 36 months of signing the pact.”
“Chief minister VS Achuthanandan was positive, when we tabled our offer, seeking 100 acres land on 99-year lease,” Gautam Kanjilal, Infiniti Consulting Corporation told reporters, here. Land on lease for 99 years had exactly been sore spot between Tecom and the LDF government in Kerala. Kanjilal claims he has the goahead to comeback “within two weeks” with feasibility and technical reports.
If the DPR (detailed project report) is accepted, we expect to sign the agreement straightaway, instead of dithering over the MoU, claims the Infiniti Consulting Corporation team.
But it’s not necessarily exit Dubai-Tecom and its SmartCity project or vice versa, assures Gautam Kanjilal. “We are not bargain-hunters,” says Kartik Somaiah, Key Account Manager (Asia Pacific).
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home