UL CyberPark's ‘Quick Space' to open this week

Our Bureau Kozhikode | Updated on November 15, 2017 Published on January 15, 2012

The ‘Quick Space' building at the upcoming UL CyberPark, being developed by Uralungul Labour Contract Cooperative Society Ltd (ULCCS), will be inaugurated on January 20.

The building, offering fully furnished plug-and-play space, will be available for start-up initiatives facilitating low initial investment cost and speedy start of operations. The modules in the building, where an entrepreneur will be able to commence operations within an hour, will be released on a first-come-first-served basis, according to Mr P. Ramesan, President, ULCCS.

The CyberPark, which has already received Special Economic Zone (SEZ) status, will come up on 25.11 acres of land at an estimated total outlay of Rs 600 crore. It is planned to be implemented in two phases with a total built-up area of 3.1 million square feet, out of which, 2.15 million sq.ft. will be for IT and ITES companies.

The foundation stone for the 14-lakh sq.ft. software development building in the first phase will also be laid on January 20. The building is slated to be completed by the end of 2010. With the completion of the second phase also, as many as 20,000 people are projected to get direct employment in the park, apart from indirect employment opportunities for another 80,000 people.

The master plan of the park has been done by Nikken Sekkei of Japan, which has been involved in over 20,000 projects in 40 countries around the world. The buildings are designed by CRN, a leading architect in India. The ‘green' IT buildings will be LEED certified for Gold Standards.

The park will feature multi-purpose meeting hall and training rooms, food court, travel and tourism counters, courier and service centres, banks, ATMs and convenience shops.

There will also be service and residential apartments, recreation facilities, including multiplexes and gaming areas, warehouse facility for hardware storage and e-waste disposal and healthcare centres.

Mr Ramesan said at press meet, where the Minister for Panchayats and Social Welfare, Dr. M.K. Muneer, who is also the Chairman of the Organising Committee, and Mr A. Pradeep Kumar, MLA, were also present, said the CyberPark would account for exports of Rs 1,500 crore through software development and outsourcing activities over a period of ten years.

Within the first three years after commencement of operations, the exports would amount to Rs 144 crore, he said quoting studies carried out by the society.

Published on January 15, 2012
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