The Hindu 11.12.2010
Mobility hub: preliminary parking terminal by February 22
Staff Reporter
| Parking terminal work to be inaugurated on December 16 |
GCDA to contribute Rs.20 crore for mobility hub project
Rs.2 crore handed over as first instalment
KOCHI: The preliminary parking terminal to be set up in connection with the proposed Vytilla mobility hub will be readied by February 22. Fisheries and Registration Minister S. Sarma will inaugurate the construction work of the parking terminal on December 16.
Greater Cochin Development Authority (GCDA), which is associating with the project, signed an agreement stating that it would contribute Rs.20 crore for the project. District Collector M. Beena and GCDA Secretary George Vallakalil signed the agreement at the District Collector's camp office on Friday.
GCDA Chairperson M.C. Josephine handed over a cheque for Rs.2 crore, first instalment of GCDA's share, to Dr. Beena.
Nagarjuna Constructions had been given the contract for the construction of the parking terminal on condition that the work will be completed within 75 days. The construction firm had quoted the lowest amount of Rs.15.8 crore for the parking terminal estimated to cost Rs.15 crore.
Residents' associations in the project area will carry out a cleaning drive on the project site on Saturday at 8.45 a.m. The proposed mobility hub will come up on 25 acres. The initial parking terminal will be set up on six acres.
The project to be completed in three phases is expected to cost Rs.400 crore. No separate resource mobilisation has been planned for the preliminary parking terminal since GCDA and Goshree Islands Development Authority (GIDA) have come forward to contribute Rs.20 crore each. Dr. Beena said that GIDA's contribution will be received shortly. She said that GCDA has a pivotal role in the implementation of the project. The project would not have moved forward had not the GCDA handed over alternative land to the Agriculture Department, she said.
