Infopark is all set to start a new Technology Business Centre (TBC), after the successive takeover of the ITES Habitat from Kerala State IT Mission at kaloor. The physical infrastructure will include ready to use plug and play facilities enabling lower operational set-up time and cost. Though an initial approval was sought some time back, due to the non concurrence over the FIN accounts between GCDA and KSITM the matter was kept in abeyance since then. After the park’s strenuous involvement in the last few months in settling the matter with the higher authorities, an agreement was reached and the new contract was signed between GCDA and Infopark in the 2nd week of Jan 2014. As a proactive measure, Infopark has already released tenders for Interior fit outs and other related works for the additional IT space at this facility, which should be finished in the next couple of months. TBC at Kaloor will serve as a prelude to a full fledged Technology Business Incubation Center in the Phase II expansion at Kochi.