State to launch Rs 40,000 crore knowledge health city today
Chief Minister Siddaramaiah is slated to give the green signal for the works in the first phase of the project at a ceremony in 'Vidhana Soudha', official sources said
PTI
Bengaluru,
25 Sept
State
government's ambitious "Knowledge Health Innovation Research-City"
(KHIR-City) project, touted as the first of its kind in the country, is set to
be launched on 26 September.
Chief
Minister Siddaramaiah is slated to give the green signal for the works in the
first phase of the project at a ceremony in 'Vidhana Soudha', official sources
said.
The sources
said the project would be established on 2,000 acres, with the first phase
being developed on 500 acres. "The project with an estimated investment of
over Rs 40,000 crore is expected to generate around one lakh jobs— both direct
and indirect," an official said.
KHIR-City
draws inspiration from global innovation hubs such as Singapore's Biopolis, and
Research Triangle Park in the US, the sources said.
Elements
from Bengaluru's Electronics City will also be incorporated into the project,
located between Doddaballapura and Dobaspet, about 50km from Kempegowda
International Airport.
The
KHIR-City is expected to make a significant contribution to the state's economy
and boost exports, the official said, adding, it will be home to world-class
universities, hospitals, innovative industries, and research institutions. -PTI
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