Calcutta, March 27: Reliance Infocomm has acquired land in the port town of Haldia to set up a broadband IT infrastructure park.

The Haldia Development Authority (HDA) has allotted 4.45 acres within the 20.4-acre Haldia IT Park complex to Reliance for which it has already paid 50 per cent of the cost.

Reliance has submitted a project proposal to HDA and is expected to make an initial investment of Rs 15 crore for developing the land. The company has conducted a soil test recently.

Company officials confirmed that Reliance has been allotted land in Haldia for a communication project.

However, they refused to divulge further details.

According to the proposal, Reliance will set up a broadband high-speed communication centre, which will serve as a hub for internet and videoconference. It will also provide high-speed banking services and software training and development.