Kerala

Muzhapilangad-Dharmadam beach development will be beneficial to tourism sector, says Kerala CM

Muzhappilangad drive-in beach. File.

Muzhappilangad drive-in beach. File. | Photo Credit: Special Arrangement

Chief Minister Pinarayi Vijayan has said the Muzhapilangad-Dharmadam beach development project will be beneficial to the tourism sector. He was speaking at the foundation stone laying ceremony for the project here on Wednesday.

He said ₹50 crore had been earmarked for the development of local tourism centres, and ₹20 crore was set aside to provide interest relief to entrepreneurs. He added that 25 tourism hubs would be set up in the State, and that a ₹1,000-crore loan had been obtained for the development of the sector.

KIIFB’s role

Mr. Vijayan said the Kerala Infrastructure Investment Fund Board (KIIFB) had played a pivotal role in ushering in development and implementing projects worth ₹62,000 crore by the end of 2016-21.


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Printable version | Sep 8, 2022 11:45:32 pm | https://www.thehindu.com/news/national/kerala/muzhapilangad-dharmadam-beach-development-will-be-beneficial-to-tourism-sector-says-cm/article65690764.ece