Not enough smart

The Government should, hereinafter, not run after M/s Teecom, for establishing the Smart City at Kochi. M/s Tecom may be not financially smart enough to undertake the project as there is sufficient reason to believe that the present 28000 crore Dubai crisis has affected them too. Even if Tecom chooses to stick to Government stipulations, it is the better for the state to hand over the project to some other agency who is capable to undertake the project, other than Tecom. There are several other companies, in and around the state, interested in the Smart City project.
The endorsement of Kerala Chief Minister about the financial condition of Tecom seems relevant and there is no need for the CM to visit Dubai to see the financial might of Tecom in the wake of Dubai crisis. The Tecom demand for the portion of the land outside the area which is to be defined as special economic zone (SEZ) is unfair.

K A Solaman
The New Indian Express Dated 1 Dec 2009