MoU for cyber city in Gurgaon

By Our Staff Reporter

Gurgaon, June 11. A memorandum of understanding (MOU) was signed this weekend by Dr. Harbaksh Singh, Managing Director of Haryana State Industrial Development Corporation, and Mr. Kannan Ramaswamy, president and CEO AtIndia LLC Incorporated, Delaware, USA to facilitate setting up of India's first fully integrated cyber city in Haryana. The proposed city has been planned at Gurgaon, close to Indira Gandhi International Airport .

In a press statement the HSIDC said the MOU will expedite setting up of a world class self-contained intelligent cyber city. AtIndia Cyber City has been progressively envisaged with quality infrastructure, attractive surroundings, high-speed communication access, uninterrupted power, clean living spaces and institutional areas.

Planned within an exclusive area of 1,000 acres over the next five years, the city is being set up using international talent of futuristic concepts and designs. Full autonomy and liberal administrative guidelines are also being issued to enable setting up such fast track ventures in Haryana.

To bolster the Information Technology industry, the State Cabinet has recently announced its IT policy 2000 which seeks a deep impact initiative by the Government in encouraging replacement of traditional delivery systems of public services by IT governance.

AtIndia also envisages setting up of world class technology and internet-centric township for new creative IT concept and germination of medium and large software companies. Furthermore the cyber city provides for employment of five lakh people and boost Haryana's economy by Rs. 15,000 crore and attract competent partners and expertise.

Besides attracting M/s Hambrecht and Quist, co-founders of the company with investment of 1.5 billion U.S. dollars in the Asia Pacific region,the company will endeavor to bring about leading software companies and international experience for round the clock service.

In addition, it will work to establish the support of well established Silicon valley entrepreneurs with capability and resource to help Haryana and India take full advantage of the IT boom.

Send this article to Friends by E-Mail

Section  : Other States
Previous : Delhi Zoo faces water logging
Next     : Naveen Patnaik in safe waters, Orissa in a
           shambles