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Govt to invite global players for developing life sciences park at Mohali

The state-of-the-art park will be spread over 80 acres of land

Published on: Nov 28, 2019 11:36 PM IST
Hnidustan Times, Chandigarh | By , Chandigarh
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The Punjab government has decided to invite global key players for developing a ‘Life Sciences Park’ at Mohali for which the department of science, technology and environment has kickstarted the process.

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HT Image

The state-of-the-art park for which consultations are being held with the government departments, biotechnology industry, universities and research institutions will be spread over 80 acres of land. “The park will be strategically co-located in Knowledge City, Mohali, which houses first-of-its kind agri-food biotechnology cluster in the country, including National Agri-Food Biotechnology Institute (NABI), Centre of Innovative & Applied Bio processing (CIAB), Punjab Biotechnology Incubator and other reputed institutions,” principal secretary, science and technology, RK Verma said after presiding over a high level meeting of the prominent universities and institutes here.

Verma said Punjab State Biotech Corporation, the nodal agency for the development of the biotechnology sector, had engaged Ernst and Young, India’s leading consulting firm as project management consultant, to assist the state in development of the project. “The park will cater to diverse sectors of biotechnology, including bio-agri, bio-pharma, bio-industry, bio-energy and bio-services. It will also accelerate the development of biotechnology sector in the state attracting investment, creating jobs and positioning the state as biotechnology hub,” he said.

 
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