A high-level team from America-based Elixsys and recognized companies in cancer care will be in the city As soon as possible to open up a world-class cancer research park in Visakhapatnam Named VCR (Vyas Cancer Park), it is planned at making the park a great hub for cancer research…
The project was become clear by the Empowered Committee of Secretaries, which GO Ms. No. 148 dated October 31, 2016, had suggested the (AP Industrial Infrastructure Corporation) APIIC to improve a joint venture model for the project and place it before the Cabinet, if needed, for confirmation.
The target of the project is to develop a comprehensive life science ecosystem that practices in bringing along with different stakeholders from everywhere in the world to undertake research in the VCR Park.
The project with a capital of RS 3,035 crore and GO says the park is proposed in 350 acres. The supporters promise for direct jobs in overall 12,000 and indirect employment for 17,500.
On February 17th and 18th conducting a conference about cancer research and progress with regard to establishing the park, the promoters of the project and all the officials are attending to this conference.
One of the directors told to press that they would focus on analyzing advances in cancer research, offering good value amount of the paid healthcare and making job openings for many more.
“The primary importance of the conference is to develop alignment between the leadership in industry, clinical care, academia, start-ups and government and design creative initiatives to develop clinical issues for cancer patients. The forum will arrange a great chance for all the officials to showcase their capability in creative problem solving,” he expressed.
The investors, as per the GO, have needed 100% reimbursement of stamp duty for purchase of land for industrial use, undisturbed power supply at concessional tariff, modification charges of land to be reimbursed to the extent of 100%, tax holiday for 10 years, and road network combining highway with industrial sites.
The project also considered at the meeting of the State Investment Promotion Board, which had contracted to extend incentives as per the Biotechnology Policy for 2015-20.