The master plan for the proposed cyberpark in Kozhikode district of Kerala is likely to be ready by May 2010.

Currently, the Kerala Government is evaluating the price bids submitted by five architect companies and final selection is likely to be made soon.

The 43 acre required for the project is being acquired by a fast-track mechanism and through negotiated purchases. Land acquisition is likely to be completed by end-April 2010 after which the Union Government is likely to be approached for getting SEZ status for the park.

The State Government is likely to spend around Rs 43 crore for acquisition of land and a further Rs 250 crore over the next four years for providing basic infrastructure and construction of buildings.

Cyberpark hubs are planned in Kannur and Kasaragod. Theses two parks are estimated to cost Rs 150 crore each over a five-year period. The park in Kannur, for which 27 acre has already been acquired, has received the SEZ approval and the preliminary work there is slated to commence by May 2010.

In Kasaragod, around 100 acre in the possession of Plantation Corporation of Kerala is likely to be used for establishing the park. The state government has already approved the transfer of the land to the IT Department, which will facilitate seeking SEZ status for the park.

Related Links:
Project profile