Emerging Kerala: Only projects worth Rs. 20,000 confirmed


THIRUVANANTHAPURAM: Contrary to the announcement by Chief Minister Oommen Chandy that projects worth Rs. 40,000 crore were confirmed at the three-day Emerging Kerala conclave which foresaw overall development of Kerala, sources say only projects worth Rs. 20,000 crore were ensured at meet.

The major projects include private townships, shopping malls, hospital-hotel constructions which are funded by NRKs. Volkswagen has disclaimed its plan of installing engine assembly unit worth Rs.2,000 crore which was declared by the Chief Minister on Friday.

The Rs 20,000 crore worth expansion plan of the Bharat petroleum Corporation Limited (BPCL) Kochi Refinery does not come under the Emerging Kerala.

The delegates only eyed Kochi for accomplishing their dreams. But their dreams were shattered when they came to know that they won’t get thousands of acres of land at Kochi.

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