kerala-news

Kerala infrastructure meet expects Rs.2,000 crore investments

Kochi, Nov 26 : Kerala's urban affairs department is expecting to rake in investments worth about Rs.2,000 crore for over 100 key projects through its "Partner Kerala Meet" to be held here next month, a minister said Tuesday.


The two-day event, slated to begin Dec 19, is meant to seek funds for projects for developing basic infrastructure in major cities through public-private partnership.

Urban Affairs Minister Manjalamkuzhi Ali told reporters here that hundreds of potential investors from in and out of the country are expected to take part in the meet which will showcase investment opportunities across a number of areas.

"It includes projects such as waste management, sewerage, flyovers, bridges, parking lots, bus terminals, comfort stations, markets, amenities like shopping complexes and multiplex cinema halls," he said.

Investors can log on to www.partnerkerala.com for free online registration for the event.

"The biggest challenge facing local bodies today is the lack of funds to upgrade and modernise infrastructure. Nearly half of them depend on state funding to pay salaries and pensions to employees, which means they struggle to invest in infrastructure and other development activities," said Ali.

--IANS (Posted on 26-11-2013)

kerala-news headlines

Supreme Court entrusts Padmanabhaswamy temple to five-member committee

Reopening of 418 bars causes new tangle in Kerala

Dasan favours inclusion of health, sports in school curriculum

School drop manufactures light aircraft

KPCC Secy replies to show cause notice

MRVC submits report on Rapid Rail Transit System to Kerala Govt

Tourist vehicle operators to go on fast

Sreedharan Pillai, N Ashokan chosen for award

Kerala Govt. refuses to renew licenses of over 400 bars

Kerala government to clear pending files

3 held for sword attack in Kerala

'Kerala to launch massive anti-liquor campaign'

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014

Comments

Your e-mail:


Your Full Name:


Type verification image:
verification image, type it in the box

Message:

Back to Top