New Delhi: For those who feel Delhi lags behind in science and technology, here is good news. The national capital would soon get a world-class sci-tech park, with focus on IT, nano-technology and bio-technology, on its southwest fringes.

Delhi Chief Minister Sheila Dikshit on Thursday announced that the park would come up in Dwarka, on a 30-acre land belonging to the Netaji Subhash Institute of Technology (NSIT), and with the help of NASSCOM, an IT industry lobby, on an initial investment of Rs.200 million.

Speaking at a workshop on 'Strengthening Technical Education through Institute-Industry Partnership' at the Delhi secretariat, Dikshit said: "The proposed Science and Technology Park would focus not only on IT but also on other sectors such as nano-technology, bio-technology among others."

NASSCOM (National Association of Software and Service Companies) will assist in drawing up a detailed project report. It would take help of Price Waterhouse Coopers, a leading professional services firm, in the IT and infrastructure development of the park.

According to experts, a science and technology park would foster industry-institutional partnerships in the area of advanced scientific research and also help NSIT gain industry expertise to support advance research. It would also help to position Delhi as an important destination for advanced research in science, technology and IT.

Assistant Vice President NASSCOM, Girish Srivastav, said the Detailed Project Report for the park would be completed within 12 weeks.

Besides the park, the Delhi government is to set up two new engineering colleges in this year. One would be situated at Jaffrabad in northeast Delhi and focus on civil engineering, while the other would come up at Okhla in south Delhi to focus on manufacturing.

NSIT, a premier institute under the Delhi government, has graduate and post graduate engineering courses. (IANS)