Latest news with #TechnologyPark
New Straits Times
08-05-2025
- Business
- New Straits Times
Melaka partners with World Economic Council to boost investment in German Technology Park
MELAKA: The Melaka state government has entered into a collaboration with the World Economic Council (WEC) to attract more investors to the German Technology Park (GTP). Melaka Chief Minister Datuk Seri Ab Rauf Yusoh said the initiative to promote the GTP was carried out through the signing of a memorandum of understanding (MoU) between Melaka Corporation (MCorp) and WEC, aimed at strengthening economic and technological cooperation between both parties. He said the investment target includes a wide range of sectors, whether from conglomerates or small and medium enterprises. "We are confident that investors will soon establish a presence at the GTP, as they are inspired by the success stories of German companies that have already invested in Melaka, some of which have been here for up to 50 years. "The existing presence of German companies and industries in Melaka provides reassurance regarding the state government's capacity and resilience in managing long-term investments, which serves as a major factor in attracting new investors," he told reporters after the MoU exchange ceremony between MCorp and WEC here yesterday. The ceremony was also attended by WEC chairman Peter Nussbaum and MCorp chief executive officer Datuk Mohd Yusof Abu Bakar. Ab Rauf said the development of the GTP, covering 196.7ha in Ayer Panas, Bemban, will position Melaka as a leading investment destination, particularly in high technology, automation, green energy, Industry 4.0, and digitalisation. He said the state government has secured approvals for all technical requirements, including the Environmental Impact Assessment (EIA), Traffic Impact Assessment (TIA), Social Impact Assessment (SIA), building plan approval, and zoning changes. "The state government has obtained all necessary technical approvals, and investors can immediately begin development work on the GTP site. "Through this collaboration with WEC, the state government is targeting approximately 30 German companies from various sectors to invest in Melaka, which is expected to generate over 10,000 job opportunities for the local population," he said. – Bernama
The Hindu
28-04-2025
- Business
- The Hindu
Infrastructure gaps delay liquor service at Infopark Kochi despite Kerala's new permit rule
The Infopark Kochi campus is unlikely to serve liquor anytime soon, despite the Kerala government permitting it in government-controlled or owned Information Technology (IT) Parks, due to infrastructure shortcomings. Last week, the Kerala government notified the Foreign Liquor (5th Amendment) Rules, inserting a provision for the issuance of Foreign Liquor Information Technology Park Licence with an annual fee of ₹10 lakh to developers of IT parks. The beneficiaries include government-controlled/owned IT parks such as Techno Park, Info Park, Cyber Park, and parks operating on public-private partnership, such as SmartCity Kochi and Private Information Technology/Information Technology Enabled Services Parks. Only developers and not individual companies will be granted licences. Susanth Kurunthil, CEO of Infopark Kochi, told The Hindu that the campus has no land or separate building to spare to set up or operate licensed premises in either Infopark Phase I or Phase II in compliance with the licence provisions. 'We already have a long list of around 120 companies waiting for space on our campus. Our priority would be to set up IT buildings even if we were to find land,' he said. Among the 28 conditions set for the issuance of licence to developers is that 'the licensed premises should be a separate area inside the Information Technology Park premises, other than office space. The licensed room should have an independent entry and exit, other than the normal entry and exit of the connected organisation, of which the licensed premises may physically be a part.' Anish Panthalani, president of Progressive Techies, a combine of IT employees, agreed that space constraint was indeed an issue on the Infopark campus. 'Both the State government and Infopark Kochi have proposed a third phase for the IT park. The proposed licensed premises can be executed only if that materialises,' he said. Mr. Panthalani said serving liquor within the IT park premises will only 'improve' Kerala's profile as a preferred IT destination. 'Companies are facing difficulty in attracting quality hands here because of the limited avenues for leisure time activities, unlike in other IT destinations such as Bengaluru, Hyderabad or Noida. It also enables companies to host guests, including international clients, in a favourable ambience amongst like-minded social drinkers, since the facilities within the park would be inaccessible to the public,' he said. As per the notification, the licensed premises will be accessible 'only to the staff working in the Information Technology Parks and the official visitors/guests of the companies functioning in the Technology Park who shall have authorisation from the authority concerned in the Information Technology Park.'
