Kancheepuram, a neighbouring district of Chennai, will house the first medical park of Tamil Nadu, as the state government has made an announcement in this regard.
Delivering his budget address in the Assembly on Thursday, finance minister D Jayakumar said, “I am happy to inform that the government of India has approved the Medi Park Project which is to be established on a 330-acre land in Kancheepuram district,”
Giving more details, he said the facility is proposed to be set up at an estimated cost of Rs 130 crore.
Jayakumar said Rs 350 crore has been allocated for setting up the Aerospace park for manufacturing aerospace components and provide maintenance and repair services.
“An Aerospace park is being established on 268 acres of land in Vallam-Vadagal SIPCOT Industrial Estate, Kancheepuram at an estimated project cost of Rs 350 crore for setting up advanced computing and design engineering centre,” he said.