Bangalore, Oct 4 (UNI) Karnataka IT and BT Secretary M N Vidyashankar today said the State Government would soon finalise the 'Knowledge City' project awarded to private sector DLF soon.
The mega project which was expected to have an investment of nearly Rs 60,000 crore will come up on the 10,000 acre area near Bidadi about 35 km from the city.
Mr Vidyashankar said ''The knowledge city will have 14 SEZs of different types of Industries in IT, Semi-conductor, ITeS and BT sector. It will be connected directly to Devanahalli International airport coming up in the north of Bangalore. DLF, the promoters of the project will be investing Rs 3600 crore for the land itself''.
The State Cabinet had decided to award the project to develop 'Bidadi Knowledge City' to DLF on October one.
Speaking about the Government initiatives for technology knowledge sectors in infrastructure and R and D during a Conference on Embedded System, he said the Government was also going ahead in setting up of the country's first Nano technology park that would come up between Nagawara and Whitefield on the outskirts of the city. It would have an investment of Rs 500 crore, he added.