Tuesday, March 30, 2010

UDF walkout over 'SmartCity' stalemate

Peeved over rejection of its demand for an adjournment motion to discuss the delay in implementing the multi-crore 'SmartCity' IT project in Kochi, the opposition UDF today walked out of Kerala Assembly.

The CM finally admitted that relations with Dubai-based SmartCity Dubai, joint venture partner with the state government, has strained due to dispute over the question of freehold on 12 per cent of land with right for sale, Kerala Chief Minister V S Achuthanandan said the government had to think of an alternative to complete the project.

The GoK was adamant on the stand that the demand of SmartCity Dubai for freehold on 28 of the 256 acres land given to them with right for sale was not acceptable to the state> This is completely redicules as there is nothing called freeholold without selling rights in the framework agreement as free hold as such is a very clear word.

however lowering down his tone he said that the government had not taken a decision to sever ties with Tecom.

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