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The Chinese Premier, Mr. Li Peng visited the International Tech Park, Whitefield this morning as part of his official three day tour of the Karnataka capital. Arriving at 9:45 am, Mr. Li Peng and his wife, accompanied by the Chinese Protocol team and a business delegation, were welcomed at the Innovator lobby by a team of ITPL officials led by Mr. Amulya Charan, Director - Finance and Mr. Danny Sim, General Manager - Marketing. They were then escorted to the Business Center where a brief presentation was given on the Park and its plans for the future.
During the presentation, Mr. Li Peng commented that "The Park is a wonderful place for companies to grow and prosper in. I am very happy by the progress made by the Park. I wish all time success for the future growth of ITPL." He also inquired after the financial performance of the Park as well as the collective turnover of the tenants and was impressed when told that the latter totaled nearly US $ 350 million.
Following the presentation, Mr. Li Peng proceeded to visit companies situated at the Park, namely Huawei Technologies, Sanyo LSI, Lucent Technologies and Tata Consultancy Services. Mr. Li Peng departed the Park at 11:30 am after having spent nearly an hour and a half, visiting these companies.
Commenting on the visit, Mr. Amulya Charan, Director - Finance, Information Technology Park Limited said " We are very happy that the Chinese leader chose to visit the International Tech Park during his short visit to Bangalore. I am confident that this will translate into better trade ties between India and China and we hope that more Chinese companies will consider ITPL as a preferred destination to set up their offices in." The International Tech Park, Bangalore offers a complete "work, live and play" environment for technology-savvy companies, many of them in Information Technology and Research & Development. The Park fully integrates office, production and retail space. It also has executive residential apartments and its Retail Mall has services such as Banks and ATM's, Laundromat, Food Court and Health Club/Fitness Center.
The Park is a joint-venture between the Tata Industries (the investment arm of the Tata Group); a Singapore consortium led by JTC International, which is the international arm of Singapore's largest industrial developer, JTC Corporation; and the Karnataka State Government through Karnataka Industrial Areas Development Board.
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