Kerala gets PM to attract investors

A three-day meet to woo global investments in Kerala opened on Wednesday, with Prime Minister Manmohan Singh calling for a need to build an enabling environment and committing to build an improved industrial infrastructure in the state.

Addressing the ‘Emerging Kerala Global Connect’ meet, he also announced that the demand for establishing an IIT (Indian Institute of Technology) is under Centre’s consideration.

‘We need to build an enabling environment to facilitate investment in every possible way and I am very pleased to hear the state chief minister promise that that is precisely what he is determined to do.

‘Our Government is committed to helping and adding to the initiatives of the state government for building an improved industrial infrastructure in the State,’ he said, inaugurating the meet. ‘Our government has approved the project at a cost of over Rs 5,100 crore. When this project is completed, it would transform the face of the commercial capital of the State by easing the burden of 

traffic congestion,’ he said.

Various central ministers, Chief Minister Oommen Chandy and other state ministers attended the meet.