Industries ministerP Rajeevehas said the would acquire 15 acres owned byFertilizers and Chemicals Travancore(FACT) at Eloor and hand it over to Cochin University of Science and Technology (Cusat) for setting up a Science Park. The minister along with Cusat vice-chancellor visited the site on Tuesday and held discussions withFACTofficials on acquiring thelandidentified for the purpose.
The state government has already sent a request to FACT expressing willingness to acquire the land. The FACT will convene a board meeting to discuss it. Once the approval is given at the board meeting, it will be sent for the Union governments nod.