In Kerala, no other city is as adequately connected to the outside world through sea, air and road as Cochin. For these reason alone many organizations chose Cochin as their first option to start a base in India. Institutions, both government and private, have invested and are still planning further investment in the IT/Business parks in Cochin.
With these increased presence of corporate clients in the city it is not surprising that the Cochin has evolved as a specialized real estate sector, attracting distinct corporate space users to the city.
A contract has been signed between Cochin Port and Dubai Port International (DPI) to develop an International Container Transshipment Terminal at Vallarpadam, costing Rs 20 billion approximately.
The Smart City a project of the Dubai's Internet City is expected to create more than 100,000 new jobs in the first stage and around 5 Lakhs jobs directly and indirectly in the last stage. It would provide critical infrastructure for IT services and IT-enabled service companies in Cochin and surrounding areas.
Government of Kerala is contemplating proposal for setting up a Fashion City in Cochin. With an expected turnover of multi crores, it will attract thousands of people for employment.
Employees in these projects are expected to be one of the well paid in the state. This international and national crowd requires adequate living space which is currently insufficient. The builders in Kerala are all set to provide a wide range of
Kochi flats and apartments to meet this urgent need.
Connected to the world
