KOCHI: Prestige Group, with numerous projects in the residential, commercial, leisure and hospitality sectors, will construct an IT tower at SmartCity Kochi.
The agreement for the construction of the 2.61 lakh sq ft tower to be developed as part of the 246 acre-SmartCity project was signed between SmartCity and Prestige Group at the SmartCity Kochi Office.
Prestige Group has two IT complexes in Bengaluru in Sarjapur-Marathahalli Outer Ring Road housing many big corporates like JP Morgan Chase, Oracle, Nokia, Airtel and Altair Engineering.
Mr. Jaber Bin Hafez, Vice-Chairman, SmartCity Kochi and CEO of SmartCity Dubai said that in spite of the initial obstacles, the SmartCity Kochi project would be completed as per the plan.
“We are very particular about completing the whole project as per its vision. We have specifically assigned Dr. Baju George, Managing Director SmartCity to manage the progress on a day to day basis. He will be stationed in Kochi for this,” Jaber Bin Hafez said in a statement.
“At the time when the first phase would be opened, we will have enough surprises for Kerala with regards to the new companies that would be associating with us in the SmartCity. Talks are on at different stages with many major stakeholders for setting up facilities here”, he said.
“As per the plan, the entire project will be commissioned by 2019, offering about 90,000 direct jobs”, he added.
On signing the agreement, Prestige Group SmartCity Kochi MD Dr. Baju George said it was a happy moment as some of the big companies were coming forward to be co-developers of the SmartCity project.
