By IANS,
Thiruvananthapuram : Fifteen projects in Kerala worth about Rs.100 crore across sectors including tourism, education and services would be showcased before investors from India and abroad at a two-day meet that begins here Friday.
The event, Invest Kerala Meet 2009, is being organised by NRI Welfare Foundation, a non-governmental organisation that works on issues related to non-resident Indians (NRIs).
Addressing reporters here Thursday, Sakkir Hussain of the foundation said that close to 100 investors, mostly from various Middle-East countries, will participate at the meet.
“An expert committee screened the viability of close to 100 project proposals and 15 were cleared. Promoters of the cleared projects are looking for partners who will invest on a 50:50 basis. The two-day meet will also discuss issues facing investors in the state,” said Hussain.
The projects cleared include a resort on the outskirts of the capital and an international school.
Tourism Minister Kodiyeri Balakrishnan, Industries Minister Elamaram Kareem and Leader of Opposition Oommen Chandy will also interact with the investors.