Abdullatif Almulla appointed Vice Chairman of SmartCity
Abdullatif Almulla, CEO of TECOM Investments, has been
appointed as Chairman of SmartCity Kochi, a self sustained
knowledge-based industry township being developed in
Cochin, the commercial capital of Kerala. The project,
which is jointly promoted by TECOM Investments and the
government of Kerala, was recently inaugurated by Chief
Minister VS Achuthanandan.
The announcement of Almulla's appointment came at SmartCity
Kochi's first board meeting, which took place in Cochin
and was attended by representatives of the Kerala Government;
Minister for Fisheries S. Sharma, who is also the Chairman
of SmartCity Kochi; Fareed Abdulrahman, Executive Director
of SmartCity; Deepak S. Padmanabhan and Jamal Abdulsalam,
Executive Director of Dubai Internet City.
The pilot meeting focused on the future course of action
in the implementation of SmartCity Kochi, the budget
and marketing plans for 2008, and the synergy between
the government of Kerala and TECOM in promoting Kerala
and SmartCity Kochi as an IT destination. A team to
handle initial on ground operations was also approved
by the Board members.
Fareed Abdulrahman, Executive Director - SmartCity,
said: "We are happy to convene our first Board
of Directors meeting. The decisions taken by the Board
have set the path for the project to be rolled out in
the required direction. We are fully confident about
the success of SmartCity Kochi and delighted to play
a part in opening up new avenues of growth in the Indian
state, specifically in the IT and IT-enabled services
(ITES) sectors."
SmartCity Kochi will be one of India's largest business
parks with an employment generation potential of over
90,000 jobs. Apart from drawing strong foreign direct
investment (FDI) inflows, the project's multiplier effects
are expected to bring several other benefits to the
economy.
SmartCity Kochi will include a state of the art business-community
infrastructure, and a dynamic range of retail, hospitality,
residential and recreational facilities that drive productive
business as well as a quality lifestyle.
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