Kolkata, July 16(IANS) Shristi Infrastructure Development Corporation is launching a mega integrated park in Siliguri in Darjeeling district of West Bengal.

‘Kanchan Janga Integrated Park’ by Kanchan Janga Integrated Infrastructure Development Pvt Ltd, a joint-venture company of West Bengal Industrial Infrastructure Development Corporation (WBIIDC) and Shristi Infra, would provide industrial and commercial facilities like retail and housing, the company said in a regulatory statement to the Bombay Stock Exchange Thursday.

The project would be completed in three phases within 5-7 years and the first phase is expected to be completed by October 2011.

The project will cost around Rs.500 crore to begin with, it said.