The Kerala government is gearing up to present Phase III of Infopark at the upcoming Invest Kerala Global Summit in Kochi this February. The state’s ambitious IT park project, spanning 300 acres, aims to attract global investors and establish Kerala as a prominent hub for IT development.
The Greater Cochin Development Authority (GCDA) has identified three potential land parcels, each covering 300 acres, in the Kizhakkambalam and Kunnathunadu areas for this prestigious project. Currently, the government is finalizing the concept designs and components for the multi-crore township, which will feature state-of-the-art IT infrastructure along with residential and commercial developments. Once the designs are completed, one of these land parcels will be selected for development. The project will be executed using a land pooling method, offering landowners 60% of the original land after implementation. The move is expected to significantly increase property values in the area, with projections indicating a rise of three to four times.
The proposed Infopark Phase III campus will be a blend of cutting-edge IT infrastructure and modern social amenities. Unlike traditional IT parks, this township will include a mix of 200 acres dedicated to residential and commercial development, while the remaining 100 acres will be allocated for IT infrastructure. The non-SEZ area will feature essential social infrastructure, such as schools, retail facilities, and recreational spaces, ensuring a self-sustained ecosystem. The campus will also be well-connected, with direct road access to Kochi’s airport and national highways, along with self-sufficient transport systems to make commuting easier for residents and workers. “We are in talks with major investors for different components of the project. By showcasing the detailed plan at the Invest Kerala Global Summit, we hope to attract global IT companies and investors,” said a senior Infopark official. The demand for a third Infopark campus has been steadily increasing. Both the Phase I and Phase II campuses are fully occupied, with no space available for new businesses. The success of Infopark’s earlier phases has set high expectations for the third phase, and the government is optimistic about securing significant global investments to fuel Kerala’s IT growth.
