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Integrated Township in Kozhikode by Kerala and Malaysian govts.

Kerala and Malaysian Governments together, will establish a satellite township at Kinalur near Kozhikode. The agreement has been signed between the Kerala State Industrial Development Corporation and the Construction Industry Development Board, Malaysia.

Apnaloan.com Research Bureau

11 Sep 2007

Kerala and Malaysian Governments together, will establish a satellite township at Kinalur near Kozhikode.

Kerala State Industrial Development Corporation and the Construction Industry Development Board, Malaysia today signed an agreement towards this.

The project, Integrated Industrial Township, will be spread over 275 acres and will feature knowledge-based industries, medical city, condominiums, entertainment centres and other related infrastructure.

The estimated investment in this project will be to the tune of Rs 500 crore by CIDB for development of infrastructure in the project area.

The Malaysian board will bring in industrial investments of Rs 2,000 crore.