Ganga and Yamuna, the twin towers that are part of Technopark's phase-III development, will be officially inaugurated by chief minister Oommen Chandy at 4pm on Wednesday via video conference. As Chandy has just been discharged from the hospital, he will not physically attend any event on Wednesday, the CM's office has informed. The twin towers will elevate Technopark to the status of India's largest IT park with a built-up area of 7.2 million sq.ft. The new twin-tower campus, developed in 92 acres of land has been named Ganga and Yamuna. Technopark Phase III has the Smart Business Centres set up to attract youngsters for their entrepreneurial ventures. Space has already been allotted to 30 companies who will be setting up their operations shortly, said Technopark senior business development manager M. Vasudevan. "We are already having discussions with various developers to set up commercial complexes, hotel facilities, convention centre and a multiplex here. This phase has been developed as both Special Economic Zone as well as Non Special Economic Zone, This is a work of two years and amounted to a budget of about 300 crores. This will stand apart with its own car parking facility for 800 cars, a most modern food court and many other facilities. We are also considering space for recreational activities but it will take three or four months to materialize.After the completion of phase 3, Technopark will stand tall enough to challenge any IT Park from across the globe." said Vasudevan. The twin towers are the first LEED Gold Rated IT Space of the government. "In the next couple of years we hope to generate more than 40,000 direct and over 1.6 lakh indirect employment opportunities that will spur the next growth wave for Kerala as well as the IT industry," said Technopark CEO K.G. Girish Babu.