Shimla: A year after it got the Centre’s approval, the work on ambitious Rs 200 crore Biotechnology Park project in Himachal Pradesh is finally going to start as the Science and Technology Department has finally given green signal to the development on the proposed 35 acres of land.

The state’s first biotechnology park aims at boosting the industrial sectors which are dependent on natural resources. The park will satisfy the demand of raw materials to these industries. Moreover, it will prove to be boon for the farmers in the state. The condition of farmers is expected to improve as the new project will provide them with ample opportunities to earn their accurate share from these raw materials.

Presently, the state is dependent on other states for meeting the demand of raw materials in the related sectors. But after the development of Biotechnology Park, the dearth of raw materials will finally end in the state. 

Speaking over the approval, Additional Chief Secretary S Roy said “After the project got approval from the Central Government, a year back, we continued with the planning process. Presently, we are preparing the financial modular for the park project.”