In addition to this, it has a General Body and a Board of Governors, both of which include top officials of the government.Cyberpark, Kozhikode has been envisioned and conceptualized as a major IT hub catering to the northern part of Kerala for the development of IT/ITeS sector in the state.
The ultimate objective was to facilitate state of the art infrastructure space with supporting facilities with an IT ecosystem which would enhance the development of information & communication technology, create direct and indirect job opportunities and parallelly contribute to the economic development of the state.
Cyberpark aims at providing all supporting facilities and amenities endowed with a self-sustainable IT Eco-system with an edge on the cost competitiveness in a highly secured Eco-friendly environment for IT/ITeS companies to establish their base.
Cyberpark will cater to the entire northern part of Kerala and will serve as a major IT hub ensuring the brand equity and a status of recognition for the SME segments.
The proposal to set up an IT park in Kozhikode came in the announcement of the State Government's IT policy made by Chief Minister V.S.
An appeal was also made to the Calicut Corporation to include the IT Park in the master plan that was being prepared for the city.
By March 2008, official sources pointed out that already over 10 companies have shown interest in starting their organizations in this IT Park.
On the same day, three new companies have also logged into the Smart Business Centre at Sahya – Zinfog Codelabs Pvt.
[citation needed][7] Total investment by the government will exceed 2.50 billion INR over the next two years.