UAE: Kerala Seeks Direct Investment in 6 projects

Kerala Chief Minister Mr Pinarayi Vijayan with Sheikh Hamad bin Zayed Al Nahyan, Mr MK Yusuff Ali, Tom Jose and John Brittas

The chief minister’s proposals include investments in major projects including the Petro Chemical Complex Park in Kochi, Spice Park, Defence Park, Aerospace Park and a Life Science Park…reports Hafeex Mohammed for Asian Lite News

Kerala Chief Minister Mr Pinarayi Vijayan with Sheikh Hamad bin Zayed Al Nahyan, Mr MK Yusuff Ali, Tom Jose and John Brittas

Kerala Chief Minister Mr Pinarayi Vijayan submitted a proposal seeking direct investment to Abu Dhabi Investment Authority (ADIA).

The visiting Kerala leader and his high level delegation continuing their meets to rebuild the flood-hit south Indian state. He met managing director of ADIAand Chairman of the Court of Crown Prince Sheikh Hamad Bin Sayed Al Nahyan.

The chief minister’s proposals include investments in major projects including the Petro Chemical Complex Park in Kochi, Spice Park, Defence Park, Aerospace Park and a Life Science Park.

The chief minister was accompanied by Lulu Group MD Mr Yusuff Ali, State Principal Secretary Mr Tom Jose, CM’s media advisor John Brittas.

Meet with Sheikh Mansour

Kerala Chief Minister Pinarayi Vijayan with HH Sheikh Mansour bin Zayed Al Nahyan

The Kerala chief minister earlier met HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs.

During the meeting, they discussed cooperation between the UAE and Kerala in the economic, development, investment and cultural fields in the best interest of the two friendly peoples. They also reviewed a number of issues of mutual concern. Sheikh Sultan bin Hamdan Al Nahyan, Adviser to the UAE President attended the meeting.

The chief minister said Sheikh Mansour, an avid mountaineer, is keen to visit Kerala soon.

“He is welcome to Kerala,” Mr Vijayan said in his Facebook post. “We discussed developments in farming, health, tourism and energy sectors. The sheikh promised his and his family’s full support in the rebuilding and developmental initiatives of Kerala.”

Mr Vijayan will attend the two-day Loka Kerala Sabha conference at Etisalat Academy in Dubai on Friday and Saturday and attend a public meeting on Friday. He will also inaugurate the Come on Kerala Business Conclave at Sharjah Expo Centre on Thursday evening.

The chief minister in a FB post said the national oil company of the United Arab Emirates Abu Dhabi National Oil Company (ADNOC) has expressed its interest to invest in the Kochi refinery complex.

Mr Vijayan met ADNOC chairman Dr Sultan Ahmed Al Jaberi.  A high level delegation from ADNOC will visit Kerala soon to explore the opportunities. The chief minister and the ADNOC chief have decided to form a task force to co-ordinate the activities.

The chief minister said the state is creating an investment friendly system to attract investors.

LKS regional conference would turn out to be a platform for serious deliberations on the state government’s ‘Rebuild Kerala’ initiative intended to build a resilient Kerala that could withstand natural calamities in the future. The chief minister said seven sub-committees of the LKS will submit their reports and the conference will discuss on their findings.

LKS Regional summit in Dubai will provide an opportunity to the state to deliberate with representatives of Keralites and other Indian communities from other Middle East nations like Saudi Arabia, Kuwait, Bahrain and Oman.

 

 

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