THIRUVANANTHAPURAM: Technopark is actively seeking infrastructure developers and co-developers to partner in the construction of premium IT and ITeS infrastructure at Technopark Phase IV, also referred to as Technocity. This initiative is part of the efforts to draw private investment into the rapidly growing technology sector of the capital.
The proposal includes long-term leases for government-owned, encumbrance-free land parcels designated for IT buildings and integrated technology spaces. A total of 11 plots have been earmarked for this purpose, ranging in size from 69 cents to 4 acres, with some parcels already reserved.
This initiative responds to the increasing demand for office spaces from IT and ITeS companies, as well as Global Capability Centres looking to expand their operations in Kerala.
Technopark Phase IV represents the largest expansion project of the park, spanning hundreds of acres near Pallippuram. The vision is to create an integrated IT township with modern infrastructure, residential amenities, commercial spaces, and social facilities.
“We are observing substantial interest from both national and international technology companies in scalable and future-ready workspaces. Through this initiative, we are committed to accelerating infrastructure development to meet this growing demand,” stated a senior official at Technopark.
Officials highlight Technopark’s robust ecosystem, the availability of skilled talent, excellent connectivity, and lower operational costs compared to other metropolitan areas as significant benefits for investors. The forthcoming Vizhinjam International Seaport and enhanced national highway connectivity are expected to further bolster the region’s attractiveness.
Established in 1990, Technopark currently accommodates over 500 companies, providing employment to more than 75,000 professionals across its campuses in Thiruvananthapuram. The state government has been actively promoting Kerala as a prime destination for Global Capability Centres and knowledge-based industries.
Industry experts argue that involving private developers in the infrastructure expansion will significantly accelerate the growth of Phase IV and solidify Thiruvananthapuram’s status as one of India’s leading technology hubs.
