New Delhi, Jan 25, : Space World, an entertainment centre and stat-of-the-art space-theme park, will be developed in the Sahyadri mountains of Pune by the end of 2010.

Space World will be Asia's first hi-tech centre for space education and entertainment.

The park is being developed by the Lavasa Corporation in collaboration with Dubai-based Space Investment Company (SIC) at a cost of Rs 400 crore.

Space World will offer courses regarding new technologies and space browsing and programmes, which will help to create understanding of aerospace science.

It will also have an entertainment area for live communication with International Space Station, lectures by astronauts and simulations of various missions.

Chairman of Lavasa Corporation, Ajit Gulabchand, said that this would be the first hill station in post-independence India, which is being built by infrastructure major Hindustan Construction Company.

We will invest 19 percent of the cost for the centre, while the SIC will spend the rest, Gulabchand added.

The SIC is a partner and licensee of United State space and rocket centre that operates SpaceWorld Arabia in the UAE. (ANI)