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First
phase of ITPC to be ready by July
Friday,
15 April , 2005, 13:39
www.sify.com
Chennai:
First phase of the International Tech Park, a 15-acre
information technology park being set up here by Tamil
Nadu Industrial Development Corporation Ltd (TIDCO) and
Singapore-based Ascendas, will be completed in July 2005,
officials said today.
The
IT Park, Chennai (ITPC), which will have a total space
of 1.5 million sq.ft, is being constructed in three-phases.
The first phase would have 525,000 sq.ft area for occupancy.
Speaking
at the `topping-out ceremony (putting the last concrete
for the building structure), Lew Syn Pau, chairman, Ascendas
Pte Ltd, said the first phase of ITPC will comprise of
an 11-storey business space for IT and IT-enabled services
companies, call centres, data centre and R&D operations.
The
topping-out ceremony was attended by Cedric Foo, Singapores
Minister of State for Defence and National Development
and Nainar Nagenthran, Minister for Industries, Tamil
Nadu.
Ascendas
(India) Pvt Ltd, which has constructed IT Parks in Bangalore
(International Tech Park), Haryana (Gurgaon Tech Park)
and Hyderabad (Cyber Pearl and Vanenburg IT Park), will
also being establishing similar parks at Pune and Kolkata,
Pau said.
In
Chennai itself, Ascendas is setting up another IT facility
at the Mahindra City, a 1400-acre special economic zone
on the city outskirts. The Singapore company would be
setting up a 20,000-25,000 sq.ft area in Mahindra City,
he said. "We are extremely bulling on Chennai,"
Pau said.
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