Technopark Signs MoU with Brigade Enterprises for World Trade Centre at Phase-I Campus
Technopark has signed a memorandum of understanding (MoU) with Brigade Enterprises Ltd to establish a World Trade Centre (WTC) at its Phase-I campus. The announcement was made on January 14, 2025, when the MoU was handed over to Kerala’s Chief Minister, Pinarayi Vijayan, marking a significant milestone for the state’s IT and infrastructure sectors.
The World Trade Centre Thiruvananthapuram will be developed on a non-SEZ (Special Economic Zone) land parcel within Technopark, which is already home to a thriving IT ecosystem. According to Technopark CEO Sanjeev Nair, the addition of premium office spaces by Brigade will significantly enhance the existing infrastructure. The WTC’s Grade A office spaces are expected to attract more IT/ITeS companies, which will drive investments into the region and reinforce Thiruvananthapuram’s position as a preferred IT destination.
“The premium office spaces of World Trade Centre by Brigade will be a big boost to the existing IT infrastructure of Technopark. With the supply of more Grade A office spaces in Technopark, the park will be able to attract more IT/ITeS companies and investments to consider Thiruvananthapuram as a preferred IT destination,” said Sanjeev Nair. This development builds on the success of the WTC in Kochi, Kerala’s first World Trade Centre. Brigade Enterprises Ltd, a prominent real estate developer, is bringing its expertise to Thiruvananthapuram, with plans to develop over a million square feet of premium office space. The project will also include a business-class hotel equipped with facilities for meetings, events, and conferences, making it an international landmark for the city.
“We are encouraged by the success of WTC Kochi and are delighted to bring Kerala’s second WTC to Thiruvananthapuram. With the overall plan to develop over a million sq.ft of premium office space, including a business-class hotel, this development is set to become an international landmark for the city,” said Jaishankar, Executive Chairman of Brigade Group. “At Brigade, we strive to bring world-class experiences to our clients, and WTC Thiruvananthapuram is yet another step in this direction.” This partnership highlights a forward-thinking approach to urban development in Kerala, where the government is looking to expand the state’s IT infrastructure to accommodate growing demand. Technopark Phase-I is already a hub for over 400 companies and employs more than 55,000 professionals, and the addition of WTC office spaces is expected to further strengthen this vibrant ecosystem.
The initiative aligns with Kerala’s broader ambitions to enhance its global competitiveness in the IT sector. The project also underscores the growing interest in Thiruvananthapuram, which is rapidly emerging as a key player in the Indian tech landscape. Brigade Enterprises, already involved in the development of an IT building, Brigade Square, in Technopark Phase-I, is set to take this collaboration further. The WTC will not only cater to IT companies but also serve as a platform for international businesses, fostering cross-border trade and networking opportunities. As this ambitious project progresses, Thiruvananthapuram is poised to become a significant IT and business hub, offering cutting-edge infrastructure, global business connectivity, and enhanced opportunities for both local and international investors. With this partnership, Technopark continues to evolve as a vital player in Kerala’s economic growth and transformation into a global IT destination.
