Kochi: UAE-based LuLu Group International's LuLu Cyber Tower 2 was inaugurated by Chief Minister Pinarayi Vijayan at Infopark, Kochi on Saturday. “We have just overcome a huge calamity in the State which has caused major destruction and huge loss. Along with rebuilding all that we lost, the focus should be on giving job opportunities, only then will our dream of a ‘New Kerala’ come true. The opening up of this Cyber Tower can be seen as a beginning towards that,” the Chief Minister said at the event. LuLu Group has invested Rs.400 crore in Tower 2, the second major investment by the group in the IT sector after LuLu Cyber Tower 1. The group had acquired the L&T Park at Infopark in 2014 at a cost of Rs.150 crore. The Park was then renamed as LuLu Cyber Tower 1. “The new Cyber Tower can be called the new phase of growth for Infopark. There must be a joint effort to up the ante of our IT sector to world standards. There are a number of malayalee IT professionals holding good positions in various companies across the globe. Many of these IT professionals travel abroad because of the lack of opportunities here. Opportunities must be provided here so that they stay back, leading to the strengthening of our IT sector,” the CM pointed out. He also added that the State government encourages new concepts and start-ups. “The IT parks in Kerala currently stand at an area of 1.3 crore sq. ft. The objective is to increase it by 2.3 crore sq. ft. through which 2.5 lakh people can be employed. This goal is progressing successfully and the LuLu Cyber Towers have played a good role in it. The Infopark has played a major role in making Kerala a 100 per cent digital state. With the addition of this new Cyber Tower, Infopark stands to gain more strength.” M A Yusuff Ali, Chairman and Managing Director, LuLu Group International said in his welcome address, “We are living in a world where technology drives everything. It is not just the responsibility of the Central and the State governments to provide job opportunities in the field of IT. It is as much the duty of people in every field to play their role in providing this opportunity. The situation where people to find jobs elsewhere should come to an end and more numbers of people should come here for jobs. Outsourcing is the trend today with companies looking at places with lesser cost of living to outsource their work. The cost of living here is much less compared to the rest of world and Kerala’s, in comparison with that of Bengaluru’s, is much less. Companies across the globe are going to take this into account and look for places with top-notch IT professionals to work with, while outsourcing. In short, this is our small contribution to the sector.” The 15 lakh sq. ft. Tower 2 has 19 floors with a floor size of 85,000 sq.ft. and seating capacity of more than 1200 persons per floor. The building also has multi-level car parking for about 1500 cars. The facility is expected to provide job opportunities to for more than 11,000 IT professionals with leading IT companies. MPs K V Thomas and V Muraleedharan; MLAs P T Thomas, Ebrahim Kunju, Eldo Abraham; Thrikkakara Municipal Chairperson M T Omana and Hrishikesh Nair, CEO, IT Parks, Government of Kerala, were present.