Foundation stone laid for Rs 20,000-mn project

Kochi: Dubai-based Smartcity has shortlisted four national and international Companies for preparing a detailed masterplan for the Rs 2,000-crore IT infrastructure project in Kochi.

The Companies have been asked to submit their proposals, SmartCity Executive Director Fareed Abdulrahman said in a statement in Kochi.

The foundation stone for the project, a joint venture between Kerala government and Dubai Smartcity, was laid by Chief Minister V S Achuthanandan last November.

The project promises to offer business support services, residential hospitality, retail and recreational facilities.