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Govt to take full control of SmartCity Kochi, says Rajeeve
The New Indian Express Kozhikode
|January 20, 2025
A MONTH after the appointment of a committee to finalise the contours of the withdrawal of Tecom Investments from the joint venture, the Kerala government is set to take over the SmartCity Kochi project in a move that enables the government access to the 246-acre IT park at Kakkanad.
Tecom, a subsidiary of Dubai Holding, held 84% stake in SmartCity Kochi while the state government held 16%.
The expert committee -- comprising Kerala State IT Mission director Sandip Kumar, Infopark CEO Susanth Kurunthil, and Overseas Keralites Investment and Holding managing director Baju George -- has met once, according to sources.
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