Project in Devanahalli has been approved by Centre
The State government will soon issue the final notification to acquire 2,072 acres in Devanahalli taluk for the proposed Information Technology Investment Region (ITIR), which was approved by the Centre on June 4, 2013.
In a reply to Jagadeesh Kumar R. of the Bharatiya Janata Party during Question Hour in the Legislative Assembly, Minister for IT and BT S.R. Patil said the Karnataka Industrial Areas Development Board (KIADB) has already issued preliminary notification under Section 28 (1) of KIAD Act. “The final notification will be issued very soon,” he said.
Land for 2nd phase
Mr. Patil said the government would be acquiring an additional 8,000 acres once the land for the first phase is acquired. The government will appoint project developers for the project. The proposal of the project was sent to the Centre on April 30, 2010.
“The ITIR project is a mega and prestigious project of the government. Once the project is fully developed it will create 4 million jobs, including 1.2 million direct jobs in the IT sector. It will transform Bangalore into the world’s leading IT hub in the next 20 years,” Patil said.
The project will be developed in two phases. The first will be developed between 2012 and 2020 and the second will be taken up between 2020 and 2032. The State government has provided Rs. 20 acres to Karnataka State Electronics Development Corporation Ltd. (Keonics), he said.
The Central government would provide the required infrastructure facilities such as rail network, roads and telecommunication for the project. “There is no question of going slow or delaying the project,” the Minister said.
The ITIR will be a self-sustainable integrated investment region housing IT, ITeS and hardware parks, supported by residential townships, a mini airport, high-speed railway network and educational institutions, among others. Already, several software and hardware companies have shown interest to establish their presence at the ITIR.
Mr. Kumar suggested that the government should issue notification for acquiring the remaining land immediately as the delay in notification would cause hardship to farmers in the region.
Final notification to be issued very soon Government to appoint project developers
Final notification to be issued very soon
Government to appoint project developers