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Current Affairs

Mahatma Gandhi IT & Biotechnology Park inaugurated in Cote d’Ivoire

Date: 01 July 2019 Tags: India & World

Mahatma Gandhi Information Technology & Biotech Park (MGIT-BP) was recently inaugurated in Grand-Bassam, Cote d’Ivoire (Ivory Coast). It was jointly inaugurated by Ambassador of India and Vice President of Cote d’Ivoire.

Mahatma Gandhi Information Technology & Biotech Park (MGIT-BP)

It is a dedicated Free Trade Zone (FTZ) for IT & Biotechnology. It is being built with India’s assistance through EXIM Bank Lines of Credit of US$ 20 million.

It consists of two parts: (i) Architectural concept and design for buildings of FTZ and construction of main building to host IT enterprises. It was implemented by Indian Conglomerate construction company Shapoorji Pallonji. (2) Supply and commissioning of equipment which includes, computer assembly plant, human DNA lab, networking lab, data storage area network, VSAT (very small aperture terminal) with satellite earth station,  audio-visual lab, and power generator. It was implemented by United Telecom Limited (UTL), an Indian company specializing in telecom networks.

MGIT-BP Project

It symbolizes growing cooperation between India and Ivory Coast, energized by high level of political commitment from both the countries. It is expected to bring direct benefit to lives of people in Cote d’Ivoire. It is expected to further consolidate India’s cooperation & bilateral relations especially in context of transfer of technology and sharing of development experience to build capacities of partner countries in Africa.