Inkel Limited, a Kerala government initiative to develop infrastructure facilities, on Thursday said the Standard Design Modules project at Angamaly here would be commissioned in September.
The five-storey building with 220,000- sft is available on a long-term lease of 30 years or for monthly rentals, in modules of 5,000 sft. The total investment for the project is Rs 20 crore.
Addressing the media here, T Balakrishnan, managing director, said the modules were ready for allotment. Already four companies, including a Chinese, had booked 60,000 sft space here. The Chinese company would assemble electric scooters for marketing in India, he said.
In the next phase, Inkel will add 225,000 sft modules in a separate building. The company has 30 acres of land in the area.
It will also set up an Edu Health city at Panakkad in Malappuram district. The city will have institutions like medical and engineering colleges and B-Schools in one campus. It has allotted 100 acres here to English and Foreign Languages University (EFLU), Hyderabad for starting its campus. Inkel will invest Rs 175 crore for the completion of its ongoing projects and would also modernise 80 treasuries across the state of which 30 will be greenfield projects.
He also said the phase 1 of the container freight station at Vallarpadam would be commissioned in this December.
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