Thursday, July 12, 2007

Kerala, UAE Set Up Joint Working Group

Thiruvananthapuram: Kerala and the United Arab Emirates (UAE) have formed a joint working group to discover industrial and commercial projects in the State to which investments from the UAE can be attracted. The idea of a joint working group emerged during the visit of the Industries Minister, Mr Elamaram Kareem, to the UAE from April 27 to May 9 this year. The UAE has expressed interest in infusing in petrochemical complex, power projects and infrastructure development projects in the State. The UAE-based Emirates Investment Group, a major financial and investment institution there, has also shown interest in making investments in Kerala. The Principal Secretary, Industries, Mr T. Balakrishnan, Secretary, Industries, Mr P.H. Kurien, Managing Director of Infrastructures Kerala Ltd (InKEL), Mr John Mathai, the Principal Secretary, Finance, Mr Jose Cyriac, and the Managing Director of Kerala Industrial Infrastructure Development Corporation (Kinfra), Mr A.S. Suresh Babu, will represent the State in the joint working group.

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