Smart City: Corporation to emulate Kochi’s ‘flawed’ SPV structure

Thiruvananthapuram | Sunday | 25th June, 2017

Summary:

THIRUVANANTHAPURAM: A day after the state capital topped the new list of 30 cities to be developed under the Centre's Smart City Mission, the city corporation, basking in its glory, seems to have made a wrong move. In a meeting held in March, the steering committee had directed the corporation to follow Kochi SPV structure and the latter accepted it without checking whether the model was worth emulating. "Such a model works because it ensures a steady team," officials noted. Even the selection of project management consultant turned out to be messy. "To have the chief secretary at the helm, who is bogged down by many responsibilities and retires in a year, won't work for a project that needs constant monitoring..