The decade-long proposal to establish Infocity -- the first IT park in Kottayam district -- has received a major boost with authorities all set to commence acquisition of land for the project.
Official sources say the Kerala Industrial Infrastructure Development Corporation has already completed a survey of the proposed project area and prepared a favourable report regarding its feasibility. The project is slated to come up at a property adjacent to the Centrally owned Indian Institute of Information Technology (IIIT) at Valavoor, near Pala.
“About 100 acres of land will have to be acquired and the majority of the property owners including the Valavoor cooperative bank has expressed their willingness to hand over land. Negotiations with the rest are soon slated to begin,” says an official of the Industries department.
