The host city figures prominently in the Emerging Kerala meet scheduled here from September 12 to 14 with 24 projects set to be paraded before prospective investors for attracting investments worth more than Rs.1,100 crore.
This is in addition to various mega projects running into thousands of crores, which have already been proposed in the city.
Out of the 11 mega projects to be showcased at the investors’ meet, six are from Kochi. This includes the Petroleum, Chemical and Petrochemical Investment Region, Kochi-Palakkad National Investment and Manufacturing Zone, Electronic Hub and Oceanarium, besides the High Speed Rail Corridor and seaplane operations connecting the city.
The proposed 24 projects in the city will be showcased under eight different sectors. Most number of projects has been proposed in the tourism sector.
The sector accounts for five projects amounting to a total investment of Rs.115 crore.
Of these, the biggest project is the inland luxury cruise proposed along the Kollam-Kottappuram route on National Waterway 3 with a fleet of four ships. This entails investment worth Rs.40 crore.
Four projects each have been proposed under the manufacturing sector, including engineering and automotive and urban infrastructure development sector.
The latter throws open investment possibilities worth about Rs.219.45 crore compared to Rs.23.14 crore for the former.
The tissue paper manufacturing plant at an investment of Rs.12 crore is the biggest proposal in the city under the manufacturing sector while a parking plaza-cum-commercial complex proposed by the Greater Cochin Development Authority at a cost of Rs.156 crore is the biggest proposal in the urban infrastructure development sector.
Food and Agro Processing and Value Addition, Micro Small and Medium Enterprises (MSME), and IT and ITES sectors account for three projects each.
While the proposals in the Food and Agro Processing and Value Addition account for investment opportunities worth Rs.133 crore, those in the IT and ITES sector woo investments of about Rs.2,000.39 crore whereas proposals in the MSME are worth Rs.4.69 crore.
A mega food park proposed at Puthenvelikkara village on 100 acres is the biggest proposal in the Food and Agro Processing and Value Addition sector.
The project supported by the Union Ministry of Food Processing Industries entails investment of Rs.120 crore.
The third IT building proposed as part of the second phase expansion of Infopark Kochi at a cost of Rs.91.98 crore is the most attractive investment opportunity in the IT sector.
Commercial power laundry service proposed at a cost of Rs.2.30 crore is the biggest one in the MSME sector.
One project each has been proposed in the Logistics and Infrastructure Development sectors.
The integrated solid waste management plant with power generation proposed at Brahmapuram at a cost of Rs.350 crore in the infrastructure development sector is the biggest among the proposals in the eight sectors in terms of the scale of investments.
A logistics park on 10 acres has been proposed near the Vallarpadam International Container Transshipment Terminal at an estimated cost of Rs.60 crore.
