Partner Kerala Meet gets 100 EoIs.

The two-day Partner Kerala Meet organised by the Department of Urban Affairs has turned out to be a huge success with 100 expressions of interest (EoIs) signed for developing 64 projects at a total cost of Rs. 4291.89 crore.

Addressing a press conference recently, the Minister for Urban Affairs Manjalamkuzhi Ali said that the meet was a big hit among investors as the government managed to attract investors for two-third of the projects showcased at the meet aimed at helping the cash-strapped local bodies to find partners to develop various infrastructure.

The local bodies and development authorities had showcased 84 projects worth Rs. 6,500 crore at the meet. 'We are promoting a new investment culture. It’s a new beginning in the State as the local investors who used to shy away from making investments in the state have come forward to partner, ' he said.

HBL