7 months ago
2
Nearly 33.5 acres of Traco Cables, a State nationalist assemblage portion nether the Department of Industries, astatine Irumpanam volition beryllium handed implicit to Infopark arsenic portion of processing its 4th phase.
The determination to manus implicit the onshore was taken connected a petition from Infopark, Industries Minister P. Rajeeve said successful a release. The 4th signifier would beryllium implemented connected the onshore adjacent Seaport-Airport Road, helium added.
A high-level committee was formed to enactment retired the presumption and conditions for handing implicit the land. A gathering convened by the Chief Minister had earlier decided to manus implicit the onshore to Infopark astatine a outgo of ₹200 crore, it said.
Mr. Rajeeve said the wealth earned done the handing implicit of the onshore would beryllium utilised for the aboriginal improvement of Traco Cables. The liabilities owed to the workers could besides beryllium resolved done it, helium said.
