Brigade Enterprises on Monday announced that it has entered into a Memorandum of Understanding (MoU) with Technopark to develop a World Trade Center (WTC) and supporting infrastructure, including a business hotel at Thiruvananthapuram. The WTC will be developed in around 1.5 million sqft of area, spread across a cluster of towers and is poised to bring in IT MNCs and provide ‘Grade A’ office space to the workforce in the park. The development is expected to generate employment opportunities, both direct and indirect, for over 10,000 people, the company said.
Brigade Enterprises has already signed and initiated the expansion of WTC in Kochi Infopark with its 3rd Tower, taking its IT infrastructure to over a million sqft. Overall, Brigade plans to bring in approximately Rs 1,500 crore investment to the state in the coming years.
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A copy of the MoU executed between Hrishikesh Nair, COO, Brigade Enterprises Ltd. and Col Sanjeev Nair, CEO of Technopark, was handed over by MR Jaishankar, Executive Chairman, Brigade Enterprises Ltd, to state Chief Minister Pinarayi Vijayan, in the presence of Sarada Muraleedharan, IAS, Chief Secretary, Ratan Kelkar, IAS, IT Secretary, Vineet Verma, MD, WTC and Nirupa Shankar, Jt. MD, Brigade Enterprises Ltd.
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MR Jaishankar, Executive Chairman, Brigade Enterprises Limited, said, “Encouraged by the success of WTC Kochi, we are happy to bring Kerala’s second WTC to Thiruvananthapuram. With the overall plan to develop about 1.5 million sqft of premium office space including a business class hotel, this development is set to become an international landmark for the city of Thiruvananthapuram.”
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