Ascendas,
promoters of the International Tech Park-Bangalore, has expressed interest in
building an ‘IT/ITES township' in Bangalore. Addressing reporters to announce
the Global Investors Meet (GIM) in Bangalore, Karnataka's Minister for Large
and Medium Industries, Mr Murgesh R. Nirani said: “During the investment road
show in Singapore, Ascendas expressed keen interest in setting up a dedicated
‘IT/ITES township' near the international airport at Devanahalli.” “The company
has plans to provide social infrastructure and work/play concept all in one
place. Based on our experience with Ascendas over the last few years, we are
confident of their investment coming through,” he added. Ascendas, a leading
business space provider, has been operating IT parks in Bangalore, Chennai and
Hyderabad. The company has been actively involved in ITPB along with the
Karnataka Industrial Areas Development Board (KIADB), the other shareholder.
The State delegation in Singapore also showcased its investment potential in
infrastructure, port development and more IT parks in tier II and III cities.
Mr Nirani said the delegation met Ascendas India Trust, Bank of Singapore,
Keppel Integrated Engineering, Phoenix solar, Walton International group,
Hyflux, Pacific Power Tech among others.
Reclamation
plant
Mr Nirani said
the delegation visited Changi water reclamation plant run by Sembcorp Private
Ltd. The water reclamation plant has a capacity of 880 million litres a
day. The plant is run on a BOT basis. The plant treats used water
generated by homes, local shops and industries.
Cluster approach
The delegation
also visited BioPolis and Fusionpolis in Singapore. This is a project which has
industrial, residential and social infrastructure, all in one building. This is
to ensure that the live, work, play concept is utilised. “The two components
have seen Government investment at the beginning and then private players have
started creating the infrastructure. These two industrial parks highlight the
cluster approach to investment which is possible in different sectors,” said Mr
Nirani.
Source:
The Hindu Business Line
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