Vizhinjam project will attract 60,000 crore investment: Fin min

Finance minister K N Balagopal said that Kerala will become a manufacturing hub if Vizhinjam port becomes a reality.
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Finance minister K N Balagopal said that Kerala will become a manufacturing hub if Vizhinjam port becomes a reality. He was speaking after the inauguration of the first edition of Made in Kerala award ceremony of the state council of the Federation of Indian Chambers of Commerce and Industry (FICCI) held Saturday. It is expected that an investment of Rs 60,000 crore will come to the state with the creation of a new development zone in the area from Vizhinjam to Paripally, the minister said. He said that the government’s policy is to promote value-added products as much as possible.

Justice N Nagaresh,who was delivered the keynote address, said that Kerala is also developing along with India and Malayalis should become job providers rather than job seekers. Industries minister P Rajeeve pointed out that FICCI should encourage organizations that exhibit exceptional operational excellence and to inspire others to achieve greater heights.

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