Explanation:

Capt Amarinder Led Punjab Govt Signs Mou With Quarkcity (Punjab’s first operational special economic zone for IT and IT-enabled services (ITES) ) For 2nd Phase Of Project Over 5000 Acres.The Punjab government led by Captain Amarinder Singh signed a Memorandum of Understanding (MoU) with M/s QuarkCity India Private Limited to create state-of-the-art industrial parks, industrial model towns and integrated townships in the second phase of the project, to be spread over 5000 acres across the state.
The MoU was signed by the Department of Information Technology in the presence of Chief Minister Captain Amarinder Singh and several cabinet ministers.
The 2nd phase of Quarkcity project would be meticulously designed to distribute the covered area for industrial, residential and commercial use, including public utilities, amenities and common infrastructure.
Government of Punjab has signed a revised agreement with M/s Quarkcity India Private Limited in 2017 in pursuance of a previous agreement signed in year 2003 that was quashed by Punjab & Haryana High Court in 2010 on the grounds of violation of Punjab Land Reforms Act, 1972.
The promoter has Planned to develop and establish a Mixed-use Industrial Park over an area of 51.3 acres at Industrial Area Phase 8 Extension, Mohali already allotted by the government.