The central Industrial ministry has granted SEZ status for the 33 acres of the Ambalapuzha It park. The Ambalapuzha IT park which is in the path of reality will come as a subsidiary of the infopark cochin. The exact location of this project is at puracad village which is around 22 km from Alleppey. The IT park will be constructed in 100 acres. The 33 acres which has got the SEZ status will be utilized for the IT purpose and the rest 67 acres for other service and facility for the production area.

The IT park of Ambalapuzha will be constructed in a water theme model. This will be an innovative venture and first of the kind in India. The construction work has started on last April and the construction of basic facilities will get completed by this June. In this first phase of construction water and electricity related works, osmosis plant, boat landing ,roads and other basic facilities will take place. There will be an investment of around 150 crores in next 3 years on IT park. The park will be partially opened by 2011 April. It can initially provid around 1,000 jobs