Preparing to stun the world and planning enormous activities is just the same old thing new to Andhra Pradesh Chief Minister, N Chandrababu Naidu. From the proposed world class capital city of Amaravati to the greatest Solar Park in Kurnool, ventures are taking shape in the bifurcated State.
One more mega venture imagined is a BioCity with an expected investment of $500 million in Srikakulam locale of north coastal area of AP. Spread more than 5,000 acres of land, it will have centralised offices to support life sciences and biotech projects. Plans are to make 6 to 8 groups with space to advance 400-500 units in an open private partnership model. Frost & Sullivan, the worldwide specialists has been roped in as strategic partner, as indicated by M Shankar Prasad, individual from the State's Biotech Task Force.
It will attract investments of $ 6-8 billion and produce employment to the tune of 50,000. The proposed International Airport at Bhogapuram, which is 60 km away will give a fillip to the undertaking, he told BusinessLine. The WHO/UNICEF have displayed enthusiasm for lodging vaccine storerooms. Likewise, Ministry of Ayush and biotech industry are very keen to participate in the project.
The centralised offices incorporate organic desalination plant, warehouses, temperature controlled systems, zero discharge units, manufacturing and consultancy in promoting and licensing, administrative methodology and so forth.
With the preparatory practicality report done and 1,500-2,000 acres of land acquired, the venture to be named Dolphin BioCity is relied upon to start in November-December.
The biotech team is occupied with contemplating and advancing the qualities and strengths of AP in the division and allied fields.
It is focussing on Marine Biotech for which the State has huge potential given its long coastline and rivers. It has as of now kick-started the sea weed cultivation including fisherfolks.