The Mayor of Menlo Park, a global technology and financial hub in the heart of the Silicon Valley, today 9th February 2015 said her city will play a lead role in bringing US companies to Kochi and developing infrastructure facilities here.
“We are really happy to be in Kochi which is emerging as a global player in IT and startup culture. We are really impressed by the kind of ecosystem being created by the government. We will help the US companies to establish their operations in the city and in turn also help the startups in Kochi to grow,” said Ms Catherine Carlton addressing a reception accorded to the US delegation led by her at Infopark here. Menlo Park in California is home to a number of technology giants including Facebook, and known as the “Capital for Venture Capital”.
Infopark Chief Executive Officer (CEO) Shri Hrishikesh Nair said that the tie-up with Menlo Park would further boost the growth of IT and startups in the state. He briefed the visitors on the infrastructure facilities at the park and the tremendous growth it has registered in the last two years. The delegation is in Kochi ahead of the signing of a historic twin city agreement between Kochi and Menlo Park establishing social, cultural and economic tie-ups.
The Memorandum of Understanding will be signed between Ms Carlton and Kochi Mayor Tony Chammany in Thiruvananthapuram onFebruary 11 in the presence of Hon’ble Chief Minister of Kerala Shri Oommen Chandy. It will be the first such agreement between an Indian city and Menlo Park.