Industry

KEF Holdings to invest Rs.1,100 cr in infra projects

Singapore-based offsite construction technology company KEF Holdings has launched two major projects in the infrastructure and health care sectors in India.

The company will invest Rs.300 crore in its KEF Industrial Park at Krishnagiri in Tamil Nadu, and Rs.550 crore in PMPH (Premium Medical Healthcare Providers) Hospital in Calicut in Kerala. Besides, it will take up organic farming in Karnataka next year by investing Rs.250 crore. The industrial park is scheduled for completion by April next, and the hospital by the first quarter of 2016.

Talking to The Hindu , KEF Holdings Manager (Business Development) Sreekanth Sreenivasan said: “We are creating an integrated facility for off-site manufacturing for the construction sector. Spread over 42 acres, it is designed as a fully integrated one-stop ‘offsite construction’ destination with four dedicated units: pre-cast, pre-fabricated bathrooms, joinery and aluminium glazing.”

According to Mr. Sreekanth, the park will house facilities for manufacturing building components at one place and in a controlled setting. Thus, it will help reduce project-build time by as much as 50 per cent and shrink project costs by as much as 30 per cent. The pre-fabricated bathroom unit, largely driven by robotics, would have the capacity to manufacture 30,000 units a year, he said.

KEF Holdings founder Chairman Faizal E. Kottikollon said: “KEF Infra will prove to be a game-changer in the construction industry and cater to India’s education, healthcare, commercial and residential sectors through offering design, engineering, manufacturing, assembly and project management all under one banner.” ‘PMHP Hospital’ is a 500-bed facility tertiary care being built in two phases for cardiology, orthopaedics and neurosciences.


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Printable version | Oct 4, 2022 1:17:24 pm | https://www.thehindu.com/business/Industry/kef-holdings-to-invest-rs1100-cr-in-infra-projects/article6643969.ece