{"id":12299,"date":"2013-07-16T14:54:49","date_gmt":"2013-07-16T09:24:49","guid":{"rendered":"http:\/\/news.entecity.com\/?p=12299"},"modified":"2013-07-16T14:54:49","modified_gmt":"2013-07-16T09:24:49","slug":"rs10000-crore-investment-for-trivandrum","status":"publish","type":"post","link":"https:\/\/entecity.com\/news\/rs10000-crore-investment-for-trivandrum\/","title":{"rendered":"Rs10,000 Crore Investment for Trivandrum"},"content":{"rendered":"<p>Trivandrum is a rapidly developing city in south India. Due to its strategic location the city is fast emerging as a major hub for IT, Education and Tourism. It has the largest IT Park in the country &#8211; Technopark and is home to many world-class R&amp;D institutions. Moreover, cost of living in Trivandrum is lower than Tier I cities like Bangalore.<\/p>\n<p>With the completion of 500 acres <a title=\"TechnoCity \u2013 The future belongs here?\" href=\"http:\/\/news.entecity.com\/technocity-the-future-belongs-here\/\"><strong>Technocity<\/strong><\/a> and Rs 6595 crores <strong><a title=\"Vizhinjam project takes another leap\" href=\"http:\/\/news.entecity.com\/vizhinjam-project-takes-another-leap\/\">Vizhinjam Seaport<\/a><\/strong>, Trivandrum is taking a giant leap forward. Adding various projects, a total of Rs10,000 crore investment awaits Trivandrum in the coming days.<\/p>\n<h3><strong>The concept of \u2018New Trivandrum\u2019<\/strong><\/h3>\n<p>Since Trivandrum\u2019s core area is saturated, the new development will be along the two sides of the NH Bypass that stretches from Vizhinjam to Technocity. \u00a0The new residential spaces and commercial hubs are coming up at the suburbs. Gradually the Trivandrum City as we know today which includes East Fort, Secretariat, Museum and all those nearby areas will be turned into<strong> \u2018Heritage Trivandrum\u2019<\/strong> and a <strong>\u2018New Trivandrum\u2019<\/strong> which follow the lines of Navi Mumbai will come up in the outskirts of the current city. In the near future, people coming into the City can see high rise buildings and apartments on either sides of the IT Corridor.<\/p>\n<h3><strong>Vizhinjam Port<\/strong><\/h3>\n<p>When the Vizhinjam Port Project is completed, it will become the largest port in India capable of handling the biggest 18,000 TEU Triple-E class container ships. The estimated cost for the first phase alone is Rs.3, 840 crore. Around 40% of the vessels with Indian cargo land in Colombo, Singapore and Malaysia ports and once Vizhinjam becomes operational this huge cargo can be offloaded here. At present, India&#8217;s port capacity (12 major Indian ports) is a meagre 4.61 million TEUs\/annum, but Vizhinjam Port alone will have the capacity of 4.10 million TEU\/annum. Vizhinjam Project will boost Kerala and India&#8217;s economy manifold.<\/p>\n<h3><strong>Tourism<\/strong><\/h3>\n<p>Trivandrum is also a place famous for its natural beauty. Two of the internationally famous tourist places &#8211;<strong>Kovalam<\/strong> and <strong>Varkala<\/strong> are located here and the new &#8216;<a title=\"Trivandrum Airport to implement Visa-on-arrival (VoA)\" href=\"http:\/\/news.entecity.com\/trivandrum-airport-to-implement-visa-on-arrival-voa\/\">Visa on Arrival<\/a>&#8216; (VOA) service at the Airport will ensure a significant boost in foreign tourist arrivals. The city also has global connectivity to all major domestic and international destinations.<\/p>\n<h3><strong>IT Hub<\/strong><\/h3>\n<p>With the completion of <a title=\"Technopark Phase 3 to include entertainment hub and shopping malls\" href=\"http:\/\/news.entecity.com\/technopark-phase-3-to-include-entertainment-hub-and-shopping-malls\/\">Phase 3<\/a>, Technopark will become the largest IT Park in the country with a total area of 333 acres and a total built-up area 8 million sq. ft.\u00a0 The number of persons working here has crossed 40,000. <strong>Technocity<\/strong> is being developed as the Phase IV expansion of Technopark. Technocity spreads over an area of 431 acres of land and will become a self-sustained IT Township project. It will be home to many important educational and research institutes. Already, Indian Institute of Information Technology and Management (IITM) and the <strong>Asian School of Business (ASB<\/strong>) have started functioning here. The premier software company in India Tata consultancy services(TCS)will be setting up their \u2018Global Learning Academy\u2019, World\u2019s largest training academy of its kind at an investment of Rs 3500 crore.\u00a0 When it is completed, it will create 1Lakh job opportunities across various sectors.<\/p>\n<h3><strong>R&amp;D Institutions<\/strong><\/h3>\n<p>World-Class R&amp;D Institutions like Vikram Sarabhai Space Centre (VSSC), Centre for Development of Advanced Computing (CDAC), Regional Research Laboratory (RRL), <a title=\"IIST Trivandrum \u2013 Courses Offered, Application procedure, Address details\" href=\"http:\/\/news.entecity.com\/iist-trivandrum\/\">Indian Institute of Space Science and Technology (IIST)<\/a>, Indian Institutes of Science Education and Research (IISER) etc are located here. There are also dedicated Industrial Parks for animation &amp; Gaming, Telecommunication Equipment, Apparel, Biotechnology and Health Services.<\/p>\n<p>The possibilities of Trivandrum City doesn\u2019t end here. Trivandrum will emerge as a world-class city rivalling other cities in the coming decade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trivandrum is a rapidly developing city in south India. Due to its strategic location the city is fast emerging as a major hub for IT, Education and Tourism. It has the largest IT Park in the country &#8211; Technopark and is home to many world-class R&amp;D institutions. Moreover, cost of living in Trivandrum is lower [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":12300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,4],"tags":[325,203,452,324],"class_list":["post-12299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-city-news","category-general","tag-technocity","tag-technopark","tag-trivandrum","tag-vizhinjam"],"_links":{"self":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts\/12299"}],"collection":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/comments?post=12299"}],"version-history":[{"count":0,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts\/12299\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/media\/12300"}],"wp:attachment":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/media?parent=12299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/categories?post=12299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/tags?post=12299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}