The Hindu Business Line : Decision on Kochi Smart City imminent

Advertisement

Thiruvananthapuram Feb. 26 The Chief Minister, Mr V.S. Achuthanandan, has said that a decision on the Rs 1,600-crore Smart City project at Kochi would be taken "in a day or two".

Mr Achuthanandan said this while speaking to newspersons after emerging from a second round of talks with visiting officials of the Dubai Technology and Media Free Zone Authority (Tecom), the would-be promoters of the project.

Perceived differences on most issues have been sorted out, according to officials who represented the State Government in the talks. Expectations of reaching an agreement ahead of the Budget session of the Assembly scheduled to begin in March are running high.

CM DROPS HINTS

The Chief Minister gave out sufficient hints of this happening, while reiterating that a consensus had been reached on most of the outstanding issues. On its part, the Tecom delegation led by Mr Farid Abdul Rahman too was optimistic about hammering out a deal this time round.

The revised terms of the agreement for setting up the Smart City are reported to be radically different from those framed by the former UDF Government, which Mr Achuthanandan termed as amounting to pawning of the State's vital interests.

More Stories on : Infrastructure | Policy | Kerala

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Matrix makes roaming abroad light on the purse

Decision on Kochi Smart City imminent

Prithvi Info allots $50 m FCCBs to Lehman Brothers

TVS Electronics to sell Tumkur unit to Finland co

HOV Services to buy US BPO unit for Rs 600 cr

Zensar offshore centres near Pune

Mercator to open centre in Bangalore

Design-to-delivery is NXP blueprint

Crashing prices fuel demand for laptops

Intel S. Asia Sales director