Bharat Biotech of Hyderabad selected to develop the Biotech-Pharma-IT Park in Bhubaneswar under PPP
Bhubaneswar- Cuttack- Puri, BioTech, Pharma, IDCO, Investment Regions, IT, IT, Back office, BPO, Khordha, Odisha govt. action, Others, PPP October 29th. 2008, 7:57pmFollowing is from a report in livemint.
… Bharat Biotech International Ltd, a producer of vaccines and biotherapeutics announced that the Orissa government has selected the company as the developer for its ‘Biotech-Pharma-IT Park’ project under public-private-partnership (PPP) mode.
The proposed industrial park is coming up on a 54.86 acre land located at Mouza-Andharua in Bhubaneswar.BBIL will promote a Special Purpose Vehicle (SPV) to undertake the integrated industrial park. The project is estimated to cost Rs100 crore and is slated to be complete in eight years, a press release issued here stated.“Our task is to focus on rapid development of this park by developing core infrastructure and technology to enable establishment of new companies whereby new local entrepreneurs in the biotechnology field will be created,” BBIL Chairman and Managing Director Krishna Ella said in the release.
About 10 acre land, within the park, is earmarked for development of biotechnology incubation centre, which will be funded by Department of Biotechnology, Government of India, for the equipment or instrumentation.A formal lease-cum-development agreement will be signed between the SPV and Orissa Industrial Infrastructure Development Corporation (IDCO).
The Orissa government and IDCO, in principle, have agreed to provide all the external infrastructure facilities like power supply, water supply among others, the release added.
August 4th, 2009 at 10:54 am
Dear Sir/Medam,
I am a biotechnology student of orissa, now working in a vaccine formulation plant new delhi.I am very happy knowing about the pharma-biotech-it park developed by Bharat Biotech of Hyderabad Based company which is a very great biotech company in india and also world wide.it is very helpful to us in near future
and also the biotechnology students of orissa,So please do needful action to develop this project as soon as possible.
Thanking you.
With Regards.
JEETENDRA MAHAPATRA
MOBILE NO.-09350537722
NEW DELHI