Pierre Fournier, Consul General of France in Pondicherry, has said that France is willing to invest in sectors such as energy, transportation, water treatment and waste management in Kerala.

He was speaking at an interactive meeting organised by the Kerala Chamber of Commerce and Industry here on Thursday.

Noting that infrastructure projects would form the basis for Kerala's development, he said that the price of land, frequent strikes, and labour issues were impediments in attracting investment. He promised to bring in a French delegation for a three-day visit in Kerala for studying the feasibility for investment.

One-third of the French investment in India was concentrated in Chennai. India and France were cooperating in various areas such as nuclear energy, defence, and fight against terrorism, he said. Importers and exporters, shipping agents, travel and tourism operators were among those who attended the function.

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