Bhubaneswar, Oct 25 (Inditop.com) Work on a Rs.100 crore Konark Knowledge Park has begun in Orissa with Chief Minister Naveen Patnaik Sunday laying the foundation stone for the project, officials said.
The park will be developed under public-private partnership between the Orissa government and Hyderabad-based Bharat Biotech International at Mauja-Andharua on the outskirts of state capital Bhubaneswar.
“The project aims to boost investments in the areas of biotechnology and pharmaceuticals in the state by providing such industries high class infrastructure,” a senior official of the state’s science and technology department told Inditop.
The state government has allocated 64.86 acres of land where the park is slated to be completed in eight years. The area includes 10 acres where a Biotech Incubation Centre would also be built, the official said.
The state government will provide all external infrastructure facilities, such as four lane roads to the gate, and uninterrupted water supply and power to facilitate rapid development of internal infrastructure.
