A Kerala government-led body Inekl is in the process of roping in investors, developers, companies and individuals for setting up a tower on 2.45 acre of land at Angamaly.
The proposed tower is very close to Cochin International Airport and 35-km from the seaport at Vallarpdam. A dedicated 750-metre approach road is being laid to the site from NH 47. Angamaly Railway station is only 700-metre from the site.
Inkel is a public-private partnership (PPP) initiative, which brings together government agencies, and global investors and NRI industrialists and businessmen in the area of infrastructure development.
The proposed tower, which is the second phase of industrial space at Angamaly, will have all modern facilities that will enable the prospective clients or tenants to start their business without further investment in infrastructure like water, power, road and rail access.
Inkel and the Kerala State Industrial Development Corporation (KSIDC) have around 50 acre of land adjacent to Telk Angamaly and Champannoor Industrial Area.
Inkel proposes to commission the second phase in 24 months. It commissioned the first phase in an area of 3 acre in September last year.