Construction work to be completed before October-end

Following the launch of Coimbatore IT Park on August 2, the Information Technology Special Economic Zone at Gangaikondan near here is all set to take off during November as the project, being promoted by ELCOT, will be completed before October-end, Minister for Information Technology Poongothai Aladi Aruna said.

The Minister, after reviewing the progress of the construction of the three-storey building with a plinth area of 50,000 square feet on the 500-acre SEZ about 15 km from here on the Tirunelveli – Madurai National Highway along with Information Technology Secretary P.W.C. Davidar on Thursday told reporters that the SEZ would be ready for inauguration during November as the building as well as incorporation of all infrastructure facilities such as car parking area, centralised air-conditioning, system, sewage treatment plant, food court etc. in the complex would be completed before October end.

While key players like Syntel (25 acres), Sutherland Global Services (10 acres), Deccan Services (2 acres) etc. had been allotted land on the sprawling area of 100 acres to be developed in Phase I, small players would be allotted space in the building now under construction at the rate of Rs. 20 per square foot.

Rs. 23 per square foot

“Since we are so keen on encouraging the small players also, we've fixed the lowest rate for Gangaikondan IT SEZ as the next lowest rate is Rs. 23 per square foot for space at the Madurai IT SEZ,” said Dr. Poongothai.

Solar power generation company, A & D Solar Systems, which has planned to generate five MW solar energy from this complex had been allotted 25 acres of land. Dr. Poongothai informed that the IT SEZ at Madurai, where companies like HCL, Honeywell and Sutherland Global Services would have their facilities, would be ready within next eight weeks while the Tiruchi project would also be ready for launch in November. “Tender has been floated for establishing the Hosur IT Park,” she said.

Mr. Davidar said no company had contacted his department so far to have their production unit at Nanguneri multi-product SEZ.