saraprobe
06-03-2008, 05:25 AM
Sri Lanka Institute of Information Technology (SLIIT), BOI together with two Indian companies Infinity Infotech Parks Ltd will PS Group Reality Limited to establish an IT Park in Malabe investing US$ 80.44 million.
http://i28.tinypic.com/71itxw.jpg
Chairman of PS Group Pradip Chopra and Executive Director of Infinity Infotech Parks Pulak Chamaria. Picture by Sumanachandra Ariyawansa
Managing Director/CEO of the SLIIT Dr Lalith Gamage said this is a public-private partnership project. SLIIT will provide the 15 acre land for the project and the two Indian companies will invest in the project.
“These two Indian companies will be responsible for marketing the IT park and attracting IT companies to the Park. Under this project 1.6 million square feet will be developed. At the initial stage 500,000 square feet will be developed and we expect to commence the project within six months with the necessary approvals,” he said.
The IT park will be equipped with all modern facilities and services for promoting IT, IT enabled services, BPOs and other knowledge based industries in the country.
The selection of the party to develop and manage the IT park was done through an open bidding process. Ernst and Young/ India carried out the bidding process.
Executive Director of Infinity Infotech Parks Pulak Chamaria said they expect to attract large-scale companies in the IT industry.
The IT park will provide around 20,000 direct and around 80,000 indirect employment opportunities.
At the initial stage developers expect to attract 10 companies for the IT park and they are also confident they could attract nearly 30 companies for the whole project. “We have experience in managing and developing IT parks in India.
It is important to have a perception change in attracting companies to IT parks,” he said. “Chairman and Managing Director of PS Group Pradip Chopra said the Indian IT industry is targeting US$ 40 billion during this year and this will be US$ 60 billion in coming years.
“Today the industry is unable to find qualified human resource for the industry in India. Indian IT companies have selected countries such as Vietnam and China for their outsourcing and expansion. Sri Lanka is an ideal destination for these IT companies to outsource and for their expansion with the easy access,” Chopra said.
“Comparing with Colombo, Kolkota was a less developed town but we were able to attract large scale IT companies to Kolkota through the IT park concept. All Sri Lanka needs is good exposure in the Indian IT industry to attract more companies, he said.
The project will be a BOI project and the letter of intent was issued by the BOI to the consortium of two Indian companies yesterday.
DN (http://www.dailynews.lk/2008/06/03/bus02.asp)
http://i28.tinypic.com/71itxw.jpg
Chairman of PS Group Pradip Chopra and Executive Director of Infinity Infotech Parks Pulak Chamaria. Picture by Sumanachandra Ariyawansa
Managing Director/CEO of the SLIIT Dr Lalith Gamage said this is a public-private partnership project. SLIIT will provide the 15 acre land for the project and the two Indian companies will invest in the project.
“These two Indian companies will be responsible for marketing the IT park and attracting IT companies to the Park. Under this project 1.6 million square feet will be developed. At the initial stage 500,000 square feet will be developed and we expect to commence the project within six months with the necessary approvals,” he said.
The IT park will be equipped with all modern facilities and services for promoting IT, IT enabled services, BPOs and other knowledge based industries in the country.
The selection of the party to develop and manage the IT park was done through an open bidding process. Ernst and Young/ India carried out the bidding process.
Executive Director of Infinity Infotech Parks Pulak Chamaria said they expect to attract large-scale companies in the IT industry.
The IT park will provide around 20,000 direct and around 80,000 indirect employment opportunities.
At the initial stage developers expect to attract 10 companies for the IT park and they are also confident they could attract nearly 30 companies for the whole project. “We have experience in managing and developing IT parks in India.
It is important to have a perception change in attracting companies to IT parks,” he said. “Chairman and Managing Director of PS Group Pradip Chopra said the Indian IT industry is targeting US$ 40 billion during this year and this will be US$ 60 billion in coming years.
“Today the industry is unable to find qualified human resource for the industry in India. Indian IT companies have selected countries such as Vietnam and China for their outsourcing and expansion. Sri Lanka is an ideal destination for these IT companies to outsource and for their expansion with the easy access,” Chopra said.
“Comparing with Colombo, Kolkota was a less developed town but we were able to attract large scale IT companies to Kolkota through the IT park concept. All Sri Lanka needs is good exposure in the Indian IT industry to attract more companies, he said.
The project will be a BOI project and the letter of intent was issued by the BOI to the consortium of two Indian companies yesterday.
DN (http://www.dailynews.lk/2008/06/03/bus02.asp)