Trichy Tidel Park launches rs 315.2 crore in tender for new IT Park

Tidel Park Limited, a joint venture between Tamil Nadu Industrial Development Corporation (TIDCO) and Electronics Corporation of Tamil Nadu (ELCOT) has floated a ?315.2 crore tender to begin construction of a new Tidel Park in Trichy. This project will add 5.5 lakh square feet of IT and ITES office space, tripling the city's existing infrastructure. Private developers are also planning to contribute another 6 lakh square feet of office space in response to growing demand from investors drawn to Trichy's low operational costs and access to the talent pool. Tidel Park will be located next to the upcoming Integrated Bus Terminus (IBT) in Panjapur on the Trichy-Madurai National Highway. Trichy's IT/ITES infrastructure includes two government-owned facilities at the Trichy ELCOT IT Park in Navalpattu, totalling 1.8 lakh square feet. With the new Tidel Park, the city's government office space will expand to 7.3 lakh square feet within two years. We are planning a fair to promote office and commercial space, as the focus has been mainly on residential projects so far. Need for malls, luxury hotels, and other entertainment will be analysed," said Chella Ramaswamy, chairman of CII Trichy.
 

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