Positive Kerala: Covid brings new opportunities; Kerala to invite more investors

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Stating that Covid pandemic opened new possibilities for Kerala, Chief Minister Pinarayi Vijayan announced a slew of initiatives to boost attract large scale investments into the state.

He said that the extraordinary way in which the Covid 19 outbreak was handled has made the State one of the safest and secured industrial investment centres in the world. “We are getting a lot of inquiries from investors and entrepreneurs from around the world. Our strength is the manpower here and we have once again proved that our human resources are comparable to any developed nation in the world,” he told the media.

The Chief Minister said that all industrial licenses and permits will be issued within one week of application.  Permission will be granted with certain conditions which the entrepreneur should complete within a year, he added.

He also announced that a multimodal logistics centres will be established in Thiruvananthapuram, Kozhikode Ernakulam and Kannur. This will connect airport, port, rail and road. He hoped that this would make Kerala a major force in international trade and commerce.

Another decision was to open set up Logistics parks in different parts of the state to take advantage of export and import opportunities. There is also a proposal to develop Azheekal Port. The port would be developed to handle large cargo, Vijayan said.

The Chief Minister said that value-added products would be promoted in the agriculture sector. Apart from this, land at Palakkad Mega Food Park will be leased out to industrialists for making value-added agro products, he added. A coconut park will be established in north Kerala with emphasis on value-added products.

With respect to investments, the Chief Minister said that star rating system will be introduced.

 

 

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