eGov-Dec-2011-[32-35]-A Gift to the Nation

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spotlight

A GIFT to the Nation GIFT, a Public Private Partnership between GUDCL and IL&FS, is currently giving shape to a new dream, one that is marked by audacity, and is focussed on making Gujarat one of world’s most hospitable places for living and conducting business By R K Jha, Director, GIFTCL & Prakash Gaur, Vice President, GIFTCL

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he Government of Gujarat is developing a globally benchmarked hi-tech International Financial Services Centre in Ahmedabad-Gandhinagar region through a joint venture between Gujarat Urban Development Company Limited and Infrastructure Leasing & Financial Services Limited (IL&FS). The venture known as GIFTCL(Gujarat International Finance Tec-City Company Limited) is empowered to undertake the development and implementation of Gujarat International Finance Tec-City (GIFT) Project. GIFT will sprawl across an area of about 886 acres and its total built-up area will be about 92 million square feet. It will have a high-quality city environment and world-class infrastructure. The project has been globally benchmarked with International Financial Centres and is expected to become a hub for IT/ ITeS for Financial Services and other multi-service sectors. It has the potential for generating around 0.5 million direct jobs and an equal number of indirect jobs. Considering the global status and recognition to be achieved by GIFT, the project would inherit some unique identities by way of its planning and scalability factors. The preliminary design envisages development along the Sabarmati River. There will be green belts interspersed with the concrete structures. With lot of green areas, the city will be bewitching to the beholder. A common theme will run along the entire landscape, while maintaining the individual character of different zones. Mostly it will be the Movement Axis and a Recreational Axis that will define the city’s structure. The Movement Axis will divide the city into SEZ and non-SEZ regions and Recreational Axis will demarcate the areas between SEZ Processing and SEZ Non-Processing areas.

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egov / www.egovonline.net / December 2011

GIFT Infrastructure Development To maintain the quality of life and facilitate the functioning of the myriad businesses, GIFT will have access to high quality infrastructure and services. It will be equipped with amenities like: • Multi-modal transport with modern design • 24x7 power supply with a host of power backup arrangements • District cooling system for supplying chilled water for cooling the buildings • State-of-the-art water supply system, • An advanced sewerage treatment plant that will ensure maximum water conservation • A city-wide rain harvesting system • An automated solid waste management system that will entail minimal human intervention • Piped gas to keep all the buildings supplied


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