KERALA TO CLEAR INFRA PROJECTS WORTH $150-B BY MARCH

Governor P Sathasivam in the Assembly on Thursday

The State Government will  clear infrastructure projects worth Rs. 10,000 crores ($ 150 B) by  the end of March. This was announced by Governor P Sathasivam while delivering his annual address to the State legislature on Thursday. 
Sathasivam said the technical and IT infrastructure necessary for supporting  such a massive scale of infrastructure planning, design and execution was being put in place.Recruitment of technically qualified and managerial professional team is underway. The first batch of tenders for the projects was expected to go live in April 2017.
Strategy to attract investments
The Government has devised a unique strategy to attract investments for infrastructure development, through Kerala Infrastructure Investment Fund Board, a statutory body empowered to channelise investments in the State. The Government has already embarked on a campaign in the Gulf countries to attract  investments from Non-resident Keralites,  NRIs and foreign governments.
Focus on ease of doing business 
The State Government is committed to ensure ease of doing business and providing a hospitable environment for investment to make Kerala the number one State for Sustainable Responsible Industries, service industries through continuous skill development and agriculture through the use of sustainable and scientific techniques. The reforms needed for this would  be taken up with a focus on zero corruption.
Leveraging International Goodwill
The Governor promised to leverage international good will by establishing a responsive system backed by professional support to constantly coordinate with various government departments. 
After assuming office, the new Left Democratic Front Government had met up with representatives of seven embassies and consulates They have expressed their interest in collaborating in selected sectors of industry, tourism, sports and value addition through agro processing. 

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