Thiruvananthapuram, June 23 (IANS) The KSIDC, the nodal investment promotion agency of the Kerala government, has tied up with Cornell University, US, to set up a Life Sciences Park in Thiruvananthapuram.Also Read - Kerala Rains: Death Toll Rises to 23; PM Modi Discusses Situation With CM Vijayan | 10 Points

The two sides inked a Letter of Intent (LoI) for the park, said a Kerala State Industrial Development Corporation (KSIDC) release issued here on Friday. Also Read - Kerala Rain Highlights: 6 Dead, Several Missing in Floods, Landslides; Army, Navy Assisting in Rescue Ops

The agreement will allow KSIDC to source expertise from the university in agri, food, biomedical, veterinary and industrial biotechnology segments for the projects expected to come up in the Life Sciences Park. Also Read - Tamil Nadu Steps up Covid Screening of Passengers Arriving From Kerala During Festival Holidays

Cornell University is globally acclaimed for its strength in these sectors.

The top officials of the two organisations met up at the ongoing BIO 2017 convention in San Diego, US, the release said.

BIO is the largest annual global event for the biotechnology industry and attracts the biggest global biotech companies. It offers networking and partnering opportunities in the biotechnology and life sciences sectors.

KSIDC also hopes to identify resourceful investors, particularly NRIs, for taking up ventures in the life sciences sector in Kerala.

This is published unedited from the IANS feed.