The project is a Joint Venture of Dubai Holding and the state government. Besides Chandy, Union Minister for Skill Development, Rajiv Pratap Rudy, UAE Minister of Cabinet Affairs Mohammad Al Gergawi, Minister for Industries and IT and Chairman, SmartCity Kochi, P K Kunhalikutty, Gulf-based Kerala business tycoon M A Yusuf Ali and top officials of SmartCity jointly inaugurated the first phase of SmartCity, which will provide 5,500 knowledge-based jobs.
The launch of the 4.7 million sq ft Phase II was also performed simultaneously. It will be completed in 36 months and provide 60,000 jobs.
Proponents of the project, which is inspired by the great knowledge-cluster success stories, claim it brings the expertise of Dubai to develop self-sustained clusters for knowledge based enterprises that aim to serve the Indian subcontinent and beyond.
State opposition leader V S Achuthanandan boycotted the function, alleging that inauguration of the project was done at speed to reap political benefits for the Congress-led UDF government in the coming assembly polls.


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