A Team from Tecom to visit Kerala soon for expedite the construction work of Smart City Kochi

In an effort to expedite the construction work of Smart City Kochi, a team led by the CEO of Tecom Investments group Abdullatif Al Mulla will arrive in the state soon.
The director board of Smart City Kochi will meet within a few days to discuss the outcome of talks held between the state government and Tecom.

The director board will also approve various decisions related to the Smart City.
Fresh lease agreements will have to be signed between the state government and Tecom. As only 136 acres of the 246 acres have got the special economic zone status (SEZ), two separate agreements will have to be signed to lease out the two plots of 136 acres and 100 acres, respectively.

It is a prerequisite to start the construction work.

The Tecom authorities, in a press release issued in Dubai, said they would soon take steps to complete the master plan of the project.

"We are extremely happy that the project is moving forward. As mentioned in the past, the project is bigger than any issues surrounding it and the recent decisions were taken in the larger interest of the project and various stakeholders associated with it. The recent development is a reflection of our vision for Smart City Kochi and the commitment to the people of Kerala," Abdullatif Al Mulla said in the press release.
He said the immediate priority of Tecom is to sign the lease agreement for the designated land and secure the SEZ status.

"We are in the process of finalising the documentation for land registration as well as putting a process in place for the master plan work to commence," Al Mulla said.
"We are optimistic that we will be able to complete the project as planned, and are confident of fulfilling all the timebound contractual obligations mentioned in the Framework Agreement," he said.

The team will also decide on the resource allocation and appointment of the key personnel to achieve the aims of Smart City.

Via