Kerala ink land lease agreement of SmartCity Kochi

Moving a step forward, SmartCity Kochi, the joint venture between SmartCity and the Kerala government, on Tuesday signed the lease agreement for the remaining 11.4 acres of land. This makes up the northern land parcel of 136 acres.

The agreement was signed by state IT secretary Ajay Kumar and SmartCity chief executive officer Fareed Abdulrahman in Thiruvananthapuram.

SmartCity Kochi will come up on a total 246 acres near Kakkanad, a Kochi suburb. It currently has an informal SEZ approval of 133 acres of the land.

The signing of this agreement is expected to enable SmartCity Kochi to progress with the SEZ notification process.

SmartCity Kochi is currently in the process of setting up a fully functional sales office in Kochi.

The sales office will allow direct contact with potential business partners and allow a more hands-on approach to the development and relations between SmartCity Kochi and its stakeholders.
Seeing the huge potential for specialised consultancy in the field of electro-mechanical design and supervision, UAE-based Specialised Engineering consultants, has opened its second office in the country.

With mega projects like Smart city and Medi city coming to Kochi, SpEC views Kerala as an area of vast growth potential, the firm's Managing Partners Syed Sabzada and Syraj Hamza said at a press meet here.

The company, which has offices in Abu Dhabi and Dubai, started its operations by opening an office at Kozhikode followed by the one at Kochi. There is lack of professionals at present in India to take care of the mega projects coming to the country, Sabzada said.

SpEC management team is associated with various projects in UAE, including Internet city, Media city, Knowledge village, Financity city, Dubai Sports city, Marriott Hotel among others. They are also involved in various Data Centre design projects for Emirate Airlines group, Dubai Mercantile Exchange.

Among its projects in India, SpEC has taken up the design and supervision of the Choice Group's Rs 50 crore tallest residential building in South India -- The Choice Paradise in Kochi which is expected to be ready by 2009.

It is also involved in the Rs 80 crore expansion project of the Le Meridian Hotel here for setting up convention centre, hotels rooms and a new shopping centre, the company's Director India operations Ashar Panakat said.

The current project list of SpEC worldwide includes US$ 670 mn, 3.2 mn square feet area development project comprising hotel and service apartment.
Total value of the projects designed and implemented by the consultants exceeds US$ 2.5 bn internationally.


Mouchel appointed infrastructure consultant for Smart City Kochi

Mouchel appointed infrastructure consultant for Smart City KochiUK-based consulting company Mouchel has been appointed as infrastructure design and implementation consultant of the Rs.15 billion ($357 million) Smart City Kochi project to be developed here. Smart City CEO and board member of Smart City Kochi Fareed Abdulrahman announced this here in a press release.

Mouchel’s selection comes two days after British firm Colin Buchanan was appointed to prepare the master plan for the project.

Smart City Kochi is a joint venture company promoted by the Dubai-based TECOM Investments, SAMA Dubai and the Kerala government.

The project will come up on 246 acres and once completed, it would provide around 90,000 jobs.

“Mouchel will develop and deliver advanced intricate infrastructure that will set a new benchmark for India. The state-of-the-art infrastructure that Smart City Kochi will provide will be unique and will create the ideal location where knowledge is placed at the fingertips of local, regional and international companies,” said Abdulrahman.

The SmartCity