Technology parks at Mysore Mangalore, Belgaum planned

18 January 2007

To meet the growing demand for building space by the information technology companies, both domestic and foreign, in Bangalore, the Karnataka Government has decided to set up three more international technology parks in the State, with the participation of the Singapore Government.
Addressing presspersons here on Wednesday, Chief Minister H.D. Kumaraswamy said the parks would be established in Mangalore, Mysore and Belgaum on the lines of International Tech Park Limited, Bangalore (ITPB). The ITPB houses over a 100 information technology (IT) and business process outsourcing (BPO) firms.
The ITPB is the icon of the country's IT success story, and continues its contribution to the development of Whitefield as a major IT hub in India's Silicon Valley. Located 18 km from the city centre, ITPB catalysed the growth of a burgeoning suburban city at Whitefield. It was developed by a three-way joint venture comprising a Singapore-based consortium, the Tata Group and the State Government.
The Chief Minister met delegations from Singapore, Kuwait and South Korea at Wednesday's Confederation of Indian Industry (CII) summit here and appealed to them to invest in infrastructure, oil exploration and fertilizer projects in the State.
Mr. Kumaraswamy said the Government had decided to promote IT in second tier cities and hence Mangalore, Mysore and Belguam had been identified for establishing the technology parks. The Government had requested the Singapore Government and business leaders there to invest in these parks. Companies at these parks would be assured of reliable solutions and services to support their operations round-the-clock, he said. The IT industry was facing space constraint as land was not available to set up companies in the city limits. Further, building rent had increased in the recent years following the real estate boom.


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