Kozhikode UL Cyber Park to Start From March

Published on: 14 Jan, 2014
Published under: Kerala Real Estate Updates

14 January 2013

UL Cyber Park located in Kozhikode hope to commission the project in March says P. Gopinath, CEO of the Cyber Park. This Rs 210 Crore aims to let out a half of the five million square feet space to big companies.

The park, promoted by the Uralunkal Labour Contract Cooperative Society, is positioning itself as a back office, West Asia banking and financial sector destination.Gopinath said work on the second phase of the project might begin next year. The second phase aims to build residential buildings and hotels catering to the IT and ITES professionals and business people.

Paleri Ramesh, Chairman and Managing Director of the company, said that since the Cyber Park, promoted by a cooperative labour contract society, is the first of its kind, the management would like the Prime Minister to commission it.

“However, if the Lok Sabha elections are announced and the model code of conduct comes into force, we will delay the formal commissioning by a couple of months. But the park will start functioning as soon as MoUs are signed with the IT companies,” he said.

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