Reforms with focus on zero corruption are on the anvil to ensure ease of doing business and provide a hospitable environment for investment in the State, Governor P. Sathasivam said in his address to the fourth session of the 14 Kerala Assembly here on Thursday.
The government had devised a unique strategy to attract investment for infrastructure development through the Kerala Infrastructure Investment Board (KIIFB). The first round of campaign to attract investment from NoRKs and NRIs and foreign governments was held in the Middle East.
The Governor said the government was confident that projects worth ₹10,000 crore would be cleared by the KIIFB before March 2017. The first batch of tenders for projects was expected to go live in April. The technical and IT infrastructure needed for supporting infrastructural planning, design and execution was being put in place.
The present government could rescue several vital projects from red tapism, he said. Critical infrastructure projects like the acquisition of land and expansion of NH, GAIL pipeline, Kochi Edamon power highway, Thiruvananthapuram and Kozhikode international airport works, and Smart City had been put back for fast completion, the Governor said.
