Kerala Tourism eyes Middle East investors

Kerala Tourism eyes Middle East investors
Port Muziris Kerala
Published: 14 July 2019 - 10 a.m.
By: Evan Real

Kerala Tourism plans to hold an investors meet in the Middle East and other select overseas markets to attract investments to fund tourism-related infrastructure projects, a top executive of the department said.


In an exclusive interview with sister publication Arabian Business, Rani George, secretary, Tourism, Government of Kerala said, “We are planning to hold investors meet, including foreign investors meet in some of the overseas markets to attract investments. The plan is currently in completion.”


Kerala Tourism, the body spearheading the entire tourism promotion activities in the Indian state of Kerala, has identified a slew of infrastructure projects, particularly in the northern part of the state, to develop more tourist centres and further augment infrastructure facilities across the state.


“We propose to implement these projects on a sort of public-private partnership model and the proposed meets will be for attracting investments for these projects,” George said.


Earlier last month, Abu Dhabi-based Twenty14 Holdings also announced its first hotel project in India, Port Muziris in Kerala. The Kochi hotel also marks Marriott International's first Tribute Portfolio branded property to open in South Asia.


Hotel Muziris is one among five hotel projects that Twenty 14 Holdings will launch in India and the company will invest $290 million in the five hospitality projects, Adeeb Ahamed, managing director of Twenty14 Holdings told Arabian Business.


Click here to add your comment

Please add your comment below
Name
Country
Email
Your email address will not be published
Captcha