Ashwathnarayan, who is also the minister for IT/BT & Science and Technology, said, “Setting up of the Bengaluru Life Sciences Park was envisioned 20 years ago when the Karnataka Vision Group on Biotechnology was set up. The first phase of the project will be completed by December 2022. Ashwathnarayan, who addressed a press conference on Tuesday, said the project is being set up under a public-private partnership with the government of Karnataka and private entity Labzone Corp. Yediyurappa will lay the foundation stone for this project at Electronics City on Wednesday.ĭeputy Chief Minister C.N. The city will have a dedicated infrastructure facility to promote the growth of life sciences, innovation and research activities.Ī nine million square feet Bengaluru Life Sciences Park will come up on over 52.27 acres at a cost of ₹5,000 crore.
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