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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (5641)	8/18/1999 1:23:00 PM
From: Mohan Marette	Read Replies (1) of 12475

Italian consortium to set up India's biggest business center in Kerala Italian consortium to set up India's biggest business centre in Communist-led Kerala George Iype in Kochi The Kerala Communists' aversion to foreign investment in business and infrastructure projects has become a thing of the past. The Left Democratic Front government has awarded the country's biggest business centre and tower project to Feder Italia Export-Import, an Italian business consortium. To be built in 300 acres of land in Kochi, the Rs 12 billion Indo-Italian tower project will be Italy's largest investment in India. The World Italian Towers Network Association, an FIEI affiliate in charge of the mega project in Kerala, has already signed up reputed architect Micheal A Lack for designing the Kochi business centre. Soon after the Kochi project completes, the FIEI and WITNA will consider building similar projects in Bombay and New Delhi. WITNA officials said Kochi tower and business centre will be the headquarters of Italy's trade and business operations in South Asia. The tower project to be constructed in an area of 120,000 square metres will consist of an export-import business school of international standards, an industrial park, a helipad with tie-ups with nearest airports and different centres for business, telecommunications and cultural activities. There will be a number of leisure centres including theatres, pizza joints and health clubs offering Kerala's specialities......... 216.32.165.70

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