Kochi: Infopark Phase 4’s development to be divvied up among 3 developers

KOCHI: Amid concerns of a slowdown in the IT industry in the state, the government is moving ahead with development of 33.5 acres of land it had acquired from Traco Cable Co Ltd in Irumpanam. According to a top official in the IT department, the land parcel, which has been renamed Infopark Phase 4, has been divided into three holdings to be developed separately by three major property development players. Traco Cable is a sick state public sector unit (PSU).