The Tamil Nadu government’s proposed Financial City is expected to come up on 180 acres of land at Sholinganallur and Perumbakkam, near Chennai.
Deputy chief minister M K Stalin, after inspecting the site on Saturday, said the city would offer “world-class infrastructure”. The Government was studying other financial cities, including the one in Singapore, he added.
The land for the proposed city was identified by the state-run Tamilnadu Industrial Development Corporation.
The project would also house IT product and solution vendor teams and include IT infrastructure management and customer servicing for the financial institutions. It would also have training centres, staff training colleges and relevant educational institutions.
The government has appointed KPMG as the consultant and set up a core advisory team to prepare the blueprint for the project, an official release said.
