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Stalin launches fintech city, to create 80K jobs

The Morning Standard

|

June 18, 2023

Aimed to attract global financial services and firms, the project is expected to bring investments of ₹12,000 crore

Stalin launches fintech city, to create 80K jobs

CHIEF Minister MK Stalin on Saturday laid the foundation for fintech city at an estimated cost of ₹116 core and fintech tower, a shared office space at Nandambakkam in Chennai, at a cost of ₹254 crore.

The government said the 54-acre fintech city project will attract an investment of ₹12,000 crore and has employment potential of 80,000.

According to a release, the fintech city will have office buildings, common amenities like roads and sewage system, residential quarters, shopping complex, star-rated hotels, restaurants and parks among other things, and is aimed at attracting global financial services and fintech firms.

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