Kerala IT Policy 2017 (Draft)

Department of Electronics & Information Technology

Govt. of Kerala
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8. Development of Technology Parks

The Government shall support the expansion of the existing Technology Parks and shall look for innovative funding methods for creating a quantum leap in the IT space availability in the state.

8.1. The Technology Parks will be encouraged to leverage the asset base and generate sufficient funds to meet the future demands of the sector.

8.1.1. “Own your Park” : Scheme for park employees as a government guaranteed investment option, Government to float appropriate instrument to the employees and other beneficiaries to own a part of the work place as a stable investment.

8.2. The parks shall generate funds from development finance institutions or through development bonds, individually or combined. The funds so generated shall be deployed on productive investments so as to be able to repay the same from the returns of such investments.

8.3. Government shall continue to invest in acquisition of more land congenial to the industry in terms of cluster proximity, logistics requirements and human resource availability.



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