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Kerala Infrastructure Investment Fund Board approves 10 more projects worth over Rs 932 crore


The Kerala Infrastructure Investment Fund Board (KIIFB) on Saturday authorised 10 extra initiatives price Rs 932.69 crore taking the totalcost of initiatives funded by the monetary establishment to Rs 64,344.64 crore. The KIIFB board, which met in the present day, sanctioned ten initiatives together with ten-bed isolation wards for hospitals in all 140 meeting constituencies within the state within the wake of rising COVID-19 instances.

An government committee assembly of KIIFB, which was held on Friday, had authorised seven initiatives price Rs 144.23 crore.

“With this, whole 17 initiatives price Rs 1,076.92 crore has been authorised within the KIIFB board assembly and the manager committee assembly,” a launch issued by the KIIFB mentioned.

The KIIFB has sanctioned the the modernisation of 26 fish markets as a part of 4 initiatives beneath the Fisheries division.

The Board has additionally sanctioned Rs 1,395.01 core for land acquisition for 3 National Highway stretches in Kerala.

Earlier, the Board had sanctioned Rs 5,374 crore for land acquisition and with the brand new allocation, the whole fund authorised for NH improvement has gone as much as 6,769.01 crore.

The Board has additionally sanctioned Rs 4 crore for 5 new faculties within the state.



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