Thiruvananthapuram, July 4 -- As many as 86 projects, with a total outlay of Rs 31,429.15 crore, for which EOIs were received at the Invest Kerala Global Summit (IKGS) held at Kochi this February, have commenced in Kerala so far, Minister for Industries, Law and Coir P Rajeeve said today.
"As many as 424 investment projects worth Rs 1,77,731.66 crore were received at IKGS and after the summit. Of these, 20.28 percent projects have already started construction," Rajeeve told a press conference here.
According to the Minister, once these 86 projects are completed, around 40,439 jobs are expected to be created. Of the total number of 424 projects yielded by IKGS, 156 need to get land while 268 of them have already got land.
"In July, projec...