Smart City @ Kochi: 100,000 jobs likely

Kerala has edged out hot infotech destinations like Bangalore, Hyderabad and Chennai to bag a prestigious foreign investment project.

The Dubai Internet City has picked up Kochi to set up a Smart City project.

The initial investment for the Smart City, being executed by the DIC management will be over $400 million. The Smart City would come up in a vast, 1,000 acres of land on the outskirts of Kochi, where the state government has set up the Infopark.

The proposed Smart City is likely to generate direct employment for 80,000 people and provide indirect employment to another 20,000 people.