The highlights -
- The Odyssey Science City would come up on 65,000 acres of land Anantapur, about 400 km from Hyderabad-and interestingly-just 200 km away from Bangalore!
-The consortium will invest about $3 billion in the next three years to build the ultra-modern integrated township on 10,000 acres. The project envisages a self-contained, hi-tech complex with its own comprehensive infrastructure, including power, expressways, telecom networks, desalination plants, biotech parks, special economic zones, IT/biotech parks, industrial parks, hospitals, educational institutions, hotels and amusement parks.
-It will become a national centre for IT and supercomputing, biotechnology, artificial intelligence, robotics, high-tech manufacturing industries, export oriented centres, media and telecommunications, tourism and entertainment, medical and health and finance and banking. .
- the project would provide direct employment to 1.5 million people and indirect employment to another million.
It is a tall order-considering there arent many industries in the area-and it would have to entirely depend on the willingness and motivation for top notch professionals to relocate away from metros to a tierIII town!
However, the fact that Andhra and Karnatake states have together a very significant portion of engineering colleges in the region-could be boon for building the talent pool in the coming decade.
Politically too..it is a welcome move for those in the Rayalseema region of the state..which was hitherto playing second fiddle to the rich 'coastal Andhra' and 'controversial Telengana regions ' in the state that has been hogging the limelight in the recent past!!