Saturday 11 January 2014

Gate Complex To Mark Entrance To The Ambitious PPP Project in Angamaly

Thiruvananthapuram: Terming it as a unique attempt through public private partnership,Infrastructure Kerala Limited (Inkel) plans to launch a small and medium enterprises (SME) park at Angamaly this month.A gate complex will be constructed soon to mark the entry point of the park to the national highway.
This first of its kind gate complex to the SME park will be 750 metres away from the national highway.It will have a 15-metre-wide road with two ways,each 7.5- metre-broad,ensuring sufficient space for container transportation.
Work for the setting up of SME park at Angamaly has already begun.A multistoried building has already been constructed.Now,contractors have been called to build a gate complex which would cost less than Rs 1 crore, Inkel managing director T Balakrishnan said.
The first phase of SME park project with all infrastructure facilities on lease for non-polluting industrial units has been completed,Inkel executive director Sasidharan Nair said.The fivestoried building constructed has a built-up space of 2 lakh sqft at the rate of 40,000 sqft in each storey,he said,adding that the park is a unique attempt through public private partnership.
At present,80,000 sqft built-up area covering the ground floor and first floor of the building has been allotted,while the remaining 1.2 lakh sqft is available on lease for potential clients.It is for setting up non-polluting industrial units such as electronics,IT/ITES,food processing and biotech firms,Inkels technology head Muralidharan Pillai said.
Quality space and infrastructure,including power and water facility,has been ensured.The first phase of the SME park project that incurred about Rs 30 crore was completed in 17 months,he said.The second phase of the project is expected to incur another Rs 30 crore and will begin soon with the construction of another multistoried building in 2 lakh sqft area by 2015.
The launch of the SME park this month will begin with the functioning of a biotech industrial unit called CML Biotech,an official said.

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