The proposed Information and Communications Technology (ICT) Parks will be developed with state-of-the-art infrastructure, aiming to bring together world-class technology in a multi-purpose environment.
The parks will promote academia/industry collaboration to mitigate gaps between academia and IT industry, boost IT exports and provision of cloud-based ICT infrastructure and shared services and to create a `springtime' environment and culture conducive to vibrant and dynamic innovation.
The ministry, in its list of new initiatives, has said that in addition to IT companies, enterprises from a wide spectrum of sectors will be encouraged to locate to the ICT parks. This will help encourage establishment of RandD centres to facilitate the IT, telecom, pharmaceutical, medical devices, biotechnology and nano-technology, banking and space sector, promotion of renewable energy.
It said the concept of ICT Parks had been approved by the
Most Popular Stories
- PBS Series Examines America's Demographic Shift
- Americans Bet Big on Gambling Industry
- Petri Likely Broke House Ethics Rules
- Exxon Gives Nod to Fracking Risks
- California's Ban on Plastic Bags: What Now?
- Morgan: 'Can't Believe' Wal-Mart Blaming Him
- Wealth Gap Widens as Rich Spend More on Kids' Education
- Lack of Sea Ice Brings 35,000 Walruses Ashore
- Can You Be Fired for Using Medical Marijuana?
- Texas Sees Gains in Hispanic College Enrollment