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

The Kerala Infrastructure Funding Fund Board (KIIFB) on Saturday authorized 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 circumstances.

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

“With this, complete 17 initiatives price Rs 1,076.92 crore has been authorized within the KIIFB board assembly and the chief committee assembly,” a launch issued by the KIIFB stated.

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

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

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

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