The SEZ status assigned to the Crystal IT Park had made it mandatory that the companies start exporting their products from here before June 21 failing which the status would have been withdrawn by Central government. To avoid that, Audyogik Kendra Vikas Nigam (AKVN) Indore allotted space to these companies in a hurry. ” A total of 1.40 lakh sq ft space has been given to three IT companies and for the time being, they have been allotted space on the first floor. They would expand operations as soon as remaining two floors are completed,” AKVN Indore MD Sanjay Dubey told.
Dubey added that these units were expected to be operational by June 10 so that the SEZ status of the park would remain intact.
The development of the park has proved to be a tough task for the state government in the last ten years. Some years back, a private firm Nagarjun Constructions had undertaken the task of developing the IT park and completed work to the tune of Rs 30 crore. But, the company later backed out from the project owing to dispute over payment. From 2006, state industries department made persistent bids to find a private partner but somehow failed in its search.
Mumbai-based Zoom Developers was the one of the prospective partner for the department. It qualified for the bid as co-developer in 2008 but later preferred to move out due to some problems.
The tender for completing the long-pending job of the IT Park building was finally given to a New Delhi-based company Som Project Pvt Ltd last year by MP Road Development Corporation, which was handed the task by AKVN Indore.
The tender for completing the long-pending job of the IT Park building was finally given to a New Delhi-based company Som Project Pvt Ltd last year by MP Road Development Corporation, which was handed the task by AKVN Indore.
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