Minister of Public works for Tamilnadu E. V. Velu has announced that the construction of Tidal Park in Coimbatore, estimated to cost Rs. 114.6 crore, will be completed by April 30th.
Minister E. V. Velu has stated that upon completion of the construction, 26 companies will be allotted space, providing jobs for 14,000 people. Construction of a new area of 294,000 square feet for IT companies is currently underway at the Beelamedu Tidal Park complex in Coimbatore.
This new building is being constructed with six floors at an estimated cost of Rs. 114 crores. It is being built with all necessary facilities, such as fire-fighting and lift facilities, as well as parking. The campus can accommodate up to 26 institutions, and it is expected to provide employment for 14,000 people.