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Friday, April 15, 2005 

Ascendas to wrap up IT Park construction

CHENNAI: Asia's leading business space provider, Ascendas today announced the near-completion of the first phase of its land mark International Tech Park-Chennai (ITPC), setting a new benchmark for information technology parks in the country.

Mr Cedric Foo, Singapore Minister for State for Defence and National Development and the Tamil Nadu Industries Minister, Mr Nainar Nagendran at Taramani, graced the Phase-I topping-out ceremony near here.

Phase-I, being developed by a consortium of Singapore-based companies, leveraging on the island-nation's design and construction expertise, would make available 5.25 lakh sq ft of quality space for IT companies.

Beyond physical space, Ascendas has introduced 'work-play in motion' with extensive landscaping and stylish artworks.

Value added features such as a large food court, al fresco dining, retail outlets and a fully equipped fitness centre would bring city conveniences to the tenants of the Park.

Located on the IT corridor, with close proximity to TIDEL Park, the city's landmark space for IT companies, the ITPC would receive customers from May this year.

After the completion of second and third phases, the state-of-the-art Park would have 1.5 million sq ft.

The first phase would comprise large floor plates on about 65,000 sq ft and the facility would enjoy 100 per cent power backup, 24/7 broadband connectivity, centralised air-conditioning, advanced fire protection, security system and ample parking space. - UNI

http://www.thehindubusinessline.com/blnus/14151506.htm

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