ITIR meet could push land acquisition

First Phase Of 25-Year Programme Will Be Developed On 3,000 Acres In 5 Years

The high-powered committee meeting headed by cabinet secretary Ajit Kumar Seth to decide on Karnatakas proposal for an Information Technology Investment Region (ITIR) in Bangalore would speed up land acquisition.

The meeting on Wednesday is likely to consider granting in-principle approval to the project,which has been cleared by the department of electronics and IT.Besides it,16 other departments in the Union government have reportedly cleared the project.

The state government has proposed setting up of an ITIR over 10,000 acres on 42.51 sqkm with an estimated investment of Rs 90,000 crore in two phases.While 65% of the area will have processing facility,the rest is expected to have basic infrastructure like schools,hospitals and malls, Harikumar Jha,managing director,Karnataka State Electronics Development Corporation (Keonics),the nodal agency on ITIR,

 

 

In the 25-year programme,the first phase is expected to be developed in five years on 3,000 acres.After both Houses of the legislature passed the bill,the Karnataka Information Technology Investment Region Act,2010 was enacted in July 2010.The state-owned Karnataka Industrial Areas Development Board (KIADB) issued a preliminary notification for acquisition of 2,072 acres for Phase I.

For project implementation,two committees have been formed -- the state-level empowered committee headed by the chief minister and the management board headed by minister in-charge of IT & BT.

The region will have investment in IT parks,R&D centres,integrated townships,electronic hardware manufacturing unit and facilities along with associated services and infrastructure.The region will also have SEZs,industrial parks,free trade and warehousing zones and export-oriented units among others, Jha said.