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Home Gadgets Karnataka govt greenlights tech park in Mangaluru on PPP basis - The...

Karnataka govt greenlights tech park in Mangaluru on PPP basis – The Economic Times

The state Cabinet on Thursday determined to construct an IT park at Blueberry Hills in Mangaluru on a personal public partnership (PPP) foundation.

The IT-BT (biotechnology) division, mentioned in a put up on X that the federal government would develop 3.28 acres of prime land on a finances of Rs 135 crore. The undertaking can be awarded on a design, construct, finance, function, and switch (DBFOT) foundation.

The undertaking is predicted so as to add about 11,000 direct and oblique jobs.

The park will appeal to IT, fintech, and marinetech companies, as additionally GCC investments, the put up added.

IT-BT minister Priyank Kharge, talking at an occasion in Mangaluru not too long ago, had mentioned that the park will remodel Mangaluru right into a thriving know-how hub.


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