KIIFB NEWSLETTER

Vol 2. Issue 2.2

Defining the Future

Our Chairman
Shri. Pinarayi Vijayan
Hon. Chief Minister

Our Vice Chairman

Dr. T M Thomas Isaac
Hon. Minister for Finance

Cathlab at General Hospital, Pathanamthitta

From the CEO’s desk..........
The Monetary Policy Committee of Reserve Bank • New Kuttanad Package with KIIFB investment
of India, after a marathon discussion that extended over of Rs 250 crore and a multi storied hospital in
two and a half days i.e., during February 5,6 and 7, 2019 Pulinkunnu at an estimated cost of Rs. 150 cr.
voted by a 4 to 2 majority to reduce the policy repo rate • Package for Rehabilitation and Restoration of
by 25 basis points. In a unanimous decision, the MPC
Coasts for a total KIIFB investment of Rs.900 cr.;
also shifted the monetary policy stance from calibrated
Parappanangadi, Chethi and Pozhiyoor harbours;
tightening to neutral. What seemed to have swung the
renovation of 70 fish markets, coastal roads for Rs.200
balance in favour of a rate cut is a host of very critical
consideration. Global growth has slowed down across cr., renovation of all taluk hospitals in the coastal area;
key advanced economies as well as a few major emerging renovation of all schools in the coastal area.
market economies and world trade hast lost momentum. • Energy Mission to install solar panels on the roof
International commodity prices, especially of crude, are top of government institutions like schools and
up from the December lows that were seen, and inflation hospitals; the KIIFB funded Trans Grid 2.0 with
has edged down in major many advanced economies and outlay of Rs. 6,375 cr.
emerging markets. The turbulence in global financial
• Designer Roads with modern technology and
markets has abated, equity markets are back to recovering
higher standards and the Rs.11000 crore worth of
their earlier losses and bond yields have eased on top of
road projects already approved in KIIFB
some strengthening in emerging market currencies in the
backdrop of weaker US currency. In the domestic front, • West Coast Canal stretches, Kovalam – Kollam –
India’s real GDP growth is up to 7.2 per cent in 2018-19, Kodungallur – Bekal. Rs.600 cr. allocated by KIIFB
and gross fixed capital formation has picked up. Net for land acquisition on the Mahi-Valapattanam
exports too have improved and there is a moderation in stretch.
the consumption expenditure. Headline CPI inflation • Spices Route and Heritage Projects with
has also declined to 2.2 per cent in December which is the the Thalassery and Alappuzha projects and
lowest in the last eighteen months. This cut, no doubt, will Ponnani and Thankasserry to be included this
have its impact on KIIFB’s prospects in the markets as will
year.
be evident in the weeks to come.
• Coastal Highway with cycle track with the
What will also be significant to KIIFB in the future
financial assistance of Rs.6,000 crore from
is that RBI has appointed a task force on offshore rupee
KIIFB to further help the Spices Route.
markets to assess the causes underlying the growth of
this market and recommend measures to encourage non- • Towards Educational Excellence - 45,000 class
residents to access the domestic market. rooms of 8th to 12th standard of 4,775 schools
The Finance & Administration wing in their column,
have been transformed to high-tech. 9941
in this edition has brought out the prominent place that number of primary/upper primary schools to
the Hon. Minister for Finance has attached to KIIFB high-tech to be taken up.
Projects in the budget that he presented to the Legislative The focus project selected for this edition by the
Assembly on January. A summary of the major references Project Appraisal Division, is the Alappuzha Mobility
to KIIFB is included here for the benefit of the reader: Hub. This no doubt will be a project that will change the
• Industrial Parks and Corporate Investments with face of that historic town– once known as the Venice of
an outlay of Rs.15,600 crore to acquire 6,700 acres the East, in the years to come.
of land for Industrial Parks utilizing the potential The Administrative Inspection Wing has penned in a
of Kannur Airport; 600 acres of land belonging brief note on the key inspections that they have conducted
to FACT for Petro Chemical Park; New facility in meticulously in the last fortnight.
Techno City, Thiruvananthapuram.
• Malabar Coffee and Carbon Neutral Wayanad The Technical Inspection Wing has included a
linked to KINFRA mega Food Park amounting to very informative assessment about the 3D surveying
Rs.150 crore techniques for infrastructure projects.

More in our next edition. Happy Reading

Chief Executive Officer, KIIFB
2 KERALA INFRASTRUCTURE INVESTMENT FUND BOARD - DEFINING THE FUTURE
Projects Approved by KIIFB
Amount Amount
Department Nos. Department Nos.
(Rs. in cr.) (Rs. in cr.)
Agriculture 1 14.28 PWD - Roads 140 5904.18

Culture 8 194.34 PWD - Bridges 50 1360.64

Devaswom 1 141.75 PWD - ROBs 22 730.26

Fisheries & Ports 2 159.16 PWD - Flyovers 9 635.51

Forest 4 441.67 PWD - Hill Highways 17 1506.25

General Education 76 2037.91 PWD - Coastal Highways 1 52.78

Health & Family Welfare 15 1614.41 PWD - Underpass 1 27.59

Higher Education 6 562.02 Tourism 3 72.47

Housing 1 45.00 Transport 3 542.05

Information Technology 3 1174.13 Water Resources 66 3252.54

Coastal Shipping & inland

Local Self Government 3 31.69 1 566.51
Navigation

Power 13 5200.00 REVENUE EARNING PROJECTS - INDUSTRIES

Industrial Infrastructural
Revenue Dept. 1 10.09 1 12710.00
- Land acquisition
Life Sciences Park Phase
Registration 6 89.88 1 301.17
II- Trivandrum
Petrochemical &
SC / ST Development 9 186.60 1 1264.00
Pharma Park

Sports & Youth Affairs 27 528.90 Total 512 41357.78

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD - DEFINING THE FUTURE 3

 Sector Wise Project Status of Alappuzha District
Work tendered
Work Started /
Approved (including work Under Appraisal
Work Awarded
started)
Department
No. of Amount in No. of Amount in No. of Amount in No. of Amount in
Projects Rs. cr. Projects Rs. cr. Projects Rs. cr. Projects Rs. cr.

Culture 1 15.03

Fisheries & Ports 1 46.94 1 99.05

General Education 6 86.00 3 40.00 3 40.00

Health 3 191.44 1 127.57

Higher Education 1 20.98

Labour & Skill 1 21.23

LSGD 1 11.44

Power 1 96.39 1 46.33

PWD - Roads 12 303.21 12 264.70 12 246.90 6 266.82

PWD - Bridges 13 508.87 2 86.32 2 59.70

PWD - ROBs 1 31.21 2 70.76

PWD - Coastal
2 69.90
Highways
Registration` 1 18.68 1 8.88 1 8.00
Sports & Youth
4 76.79 2 12.82
Affairs
Tourism 2 33.05 1 42.06

Transport 2 218.05
Water Resources
5 184.05 1 38.98 4 525.10
Department

Total 52 1809.71 22 498.03 16 294.90 22 1314.61

4 KERALA INFRASTRUCTURE INVESTMENT FUND BOARD - DEFINING THE FUTURE

Sector Wise Project Status of Malappuram District
Work tendered
Work Started /
Approved (including work Under Appraisal
Work Awarded
started)
Department
No. of Amount in No. of Amount in No. of Amount in No. of Amount in
Projects Rs. cr. Projects Rs. cr. Projects Rs. cr. Projects Rs. cr.

Power 1 138.44 1 131.43 1 131.43

General Education 11 202.42 5 125.83 5 125.83

PWD - Roads 6 228.12 3 94.02 3 86.61 3 102.83

PWD - Hill
3 267.98
Highways
PWD - Coastal
1 52.78
Highways

PWD - ROBs 2 61.51

PWD - Flyovers 1 11.27 1 10.26 1 13.68

PWD - Bridges 4 113.90 2 33.83 2 34.05 1 35.00

LSGD 1 10.26 1 1.96

Fisheries & Ports 2 159.16

Sports & Youth

4 79.54 3 43.67 2 21.54 2 19.51
Affairs

Registration 2 29.50

SC / ST 1 2.08

Higher Education 3 28.86

Water Resources 8 509.48 3 136.64 3 132.26 5 291.30

Total 50 1895.31 18 575.68 17 545.40 12 450.60

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD - DEFINING THE FUTURE 5

Focus Project : Alappuzha Mobility Hub
Under the Transport Sector projects, Infrastructure providing seamless connectivity between the road and
projects other than roads have been undertaken by inland water transport domains of Alappuzha District.
various departments / SPVs with funding from KIIFB. The total length of the proposed Terminal building is
This bouquet comprises projects which are supposed 180m with separate access areas provided for passengers,
to improve the associated infrastructure facilitating vehicles and feeder services. 44 nos of bus bays will be
multimodal transport. provided in the terminal. The balance area is proposed for
One of the major projects approved by KIIFB under the revenue generating components as Hotel and Multi-
Transport Sector in the non-road category is Alappuzha Level Car Parking (MLCP) .
Mobility Hub.
Alappuzha KSRTC Bus stand which currently
handles a large number of passengers operates
approximately 500 buses per day with 111 buses
plying different routes having an average of 3 trips per
day for the superfast and 8-10 trips for the ordinary
buses per day. Unplanned infrastructure and improper
maintenance has lowered the functionality of the bus
terminal , necessitating construction of a new one .
The proposed bus terminal complex, is planned
to be constructed in six floors and have two mezzanine
floors, which is a part of the main project comprising four
major components viz. Terminal building, Boat Terminal, The proposed hotel has 73 suite rooms, 2 banquet
Workshop & Dock and Bridge across Vadai Canal. The halls having capacities of 400 pax and 112 pax. The total
4.07 acres of land where the bus stand operates currently area provided for the hotel is 8588.06 sq.m. Multilevel
is reserved for the new Mobility -hub proposed to be car parking is proposed in the second, third and fourth
constructed after demolition of the existing KSRTC Floors . Provision of parking has been proposed for 456
Bus Stand. cars. The area provided for the same is 17953.92 sq.m.
The project envisages enhanced transportation Total built up area of the terminal is 40170.00 sq.m
facilities at Alappuzha with improved infrastructure and and the ground coverage will be 37.89%. Details are as
services to the local people as well as the tourists , besides follows

Floor Facilities Area (in sqm)

GF Hotel Lobby, Bus Terminal, Bus bays - 44 nos 6359.37
GF Mezzanine Passenger Waiting area, District Transport Office 2429.08
FF Hotel accommodation & KSRTC Garage 6728.89
FF Mezzanine Hotel accommodation & Facilities for Garage 3027.57
SF Hotel accommodation & Car parking-152 no. 6224.09
TF Hotel accommodation & Car parking-152 no. 6224.09
Fourth Floor Hotel accommodation & Car parking-152 no. 6224.09
Fifth Floor Hotel accommodation & Banquet hall with Kitchen 2728.06
Terrace Floor OHT- Domestic & Fire, Overhead machine room 224.79
Total 40170.03

M/s INKEL Limited has been entrusted as Special Purpose Vehicle for executing the project. KIIFB has granted
approval for the Phase-I component at a total cost of Rs.129.12 crore including land acquisition for its third Phase
(Bridge). The project is expected to be completed in 24-30 months.

6 KERALA INFRASTRUCTURE INVESTMENT FUND BOARD - DEFINING THE FUTURE

3D Surveying Techniques for Infrastructure Projects
In traditional surveying and mapping practices “picture”, and grammetry - meaning “measurement”.
such as tape measurements, Dumpy level, theodolite Measurements such as length, height, area, volume
and total station, surveyors need to devote enormous etc can be extracted from two overlapping images.
time in the field. Such practices were labour intensive, Study area will be surveyed using overlapping
prone to human errors and many times collecting images and are imported into state-of-the-art
missing or additional features need further field drone processing software. Images will go through
visits. During the last couple of decades, Computer a series of processing steps such as image feature
matching, Triangulation and Bundle Adjustment
and finally leading to a set of deliverables such
as Dense Point Cloud, Digital Surface Model and
Orthophoto.
Point Cloud is the collection of points or
coordinates on an object’s surface. Dense Point
Cloud generated from drone images contains
Science and Information Technology has grown
tremendously and started influencing all sectors of
Science and Technology. Surveying and Mapping
industry, now a days called as geospatial industry,
also got influenced by these advancements and
developments and is slowly transforming from a field
intensive process to more of office (computer) based
enterprise. Latest surveying techniques need minimal
technical skill to conduct the field survey and can be
conducted much faster than the traditional methods.
However, to generate meaningful and insightful
results, you need expertise in using computer and the
necessary software to do the processing of the data
generated by these new breed of surveying devices.
hundreds of points per square meter and user can
This article introduces you to some of the advanced
extract colour information of every point in the
3D surveying techniques such as drone mapping
point cloud. This is well suited for identifying and
and mobile laser scanning which are transforming
extracting all key ground features in 3Dimension
the traditional surveying practices.
(x, y, z). This collection of points can be used to
Drone Mapping create a 3D model of an area. Above image is
nothing but point cloud generated from drone
The concept of working on drone-based
survey and you will be able to appreciate the level
surveying has recently made waves in the geospatial
of details available along the highway.
sector. Professionals have realized the reliability
and cost-effectiveness of data collected using a Digital Surface Model is an image with each
drone platform. A major factor for real usage of pixel having elevation values derived from images
drone is its ease of use and the processing efficiency. and is suitable for many raster-based analyses in
Gathering data using drone might be an easier task GIS or image processing software.
compared to processing it and making it actionable Orthophoto is an image corrected for
is yet another story. topographic relief, camera tilt, and distortions
Drone data is processed using the technique in camera optic so that the scale of the image
called Digital Photogrammetry. The word is uniform throughout which are good for
photogrammetry is derived from: photo - meaning planimetric feature extraction (2D drawings).

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD - DEFINING THE FUTURE 7

Mobile Lidar • Contour Maps
Mobile terrestrial laser scanning/Mobile Lidar • Planimetric feature extraction (road edges,
is an emerging technology that combines the use of heights, signs, building footprints, etc)
a laser scanner, a global navigation satellite system, • Volumetric computation
and an inertial measurement unit (adjusts input • Profiles and Cross section drawings
• As-Built Drawings
• Earth work estimation
As the processed point cloud, orthophoto is
available in the digital format, additional outputs or
missing features can be generated or identified in
the future. These digital data can be used at various
stages of construction for progress monitoring too.

Applications of latest surveying

data for vehicle movements and motion) on a mobile techniques
platform to produce accurate and precise geospatial
As the deliverables obtained from latest surveying
data. Because mobile laser scanning eliminated the
techniques has got a detailed insight into the
need for lane closures and the need for field crews to
surveyed area, this can be used for generating plenty
collect the site terrestrial topography on the ground,
of actionable reports for variety of applications.
the risk to the field crew, as well as the travelling
Some of the applications are listed below:
public, will be reduced. Mobile laser scanning
collects thousands to millions of field scan points • Flood Mapping & Monitoring
per second while travelling at traffic speeds. Once • Smart City Planning
these laser scans combined with GPS and INS data • Infrastructure Corridor Mapping
through pre and post processing, dense point cloud • Technical Inspection of Structures
is generated. These point cloud outputs are similar • Quarrying and Mining - Surveying &
to drone mapping point cloud. Mobile lidar has Monitoring
an advantage over drone mapping outputs where • Forest Planning & Management
vegetation cover prevents 3D reconstruction of • Coastline Management
ground surface from images. Mobile lidar is an ideal
• Archaeological Studies
choice for surveying various types of infrastructure
• Accident Reconstruction
corridors including road, rail, pipelines and power
lines. Above is an image from a mobile lidar data for • Cellular Tower Location Identification
a highway corridor. • Automated Vehicle Navigation
To leapfrog our infrastructure development, we
Derived outputs need to embrace these new emerging technologies.
Using the point clouds, Orthophoto generated Our dedicated Technical Resource team can assist
from the above two (drone mapping, mobile lidar) the state Government departments, SPVs and the
techniques, based on the application, variety of stakeholders to get an insight into these technologies
outputs can be generated. Some of the most common and execute our infrastructure projects using the
derivable outputs are: latest state of the art technologies.

Customer Registration
is now open in all GCC
Countries

8 KERALA INFRASTRUCTURE INVESTMENT FUND BOARD - DEFINING THE FUTURE

Administrative Inspection Wing notes...
Last fortnight, the Administrative Inspection tender opened on 08.08.2017 but was cancelled as the
Wing (AIW) inspected the administrative 3 bidders out of 4 had not qualified in the technical
procedures and progress of implementation of the evaluation. Therefore, the work was retendered on
Projectby KWA viz. “Strengthening of Distribution 22.09.2017. The Technical Committee met on 7.11.17
System in Varappuzha Panchayat, Ernakulam” has decided to pre-qualify 2 bidders viz. M/s. Naveen
and also enquired in to the allegations of delay in Constructions and M/s. TBML Tomco Engineers.
processing contractor’s bills by Kerala Medical The L1 bidder M/s TBML Tomco Engineers which
Service Corporation Ltd. (KMSCL). The details of had quoted Rs. 14,94,00,000/- (above 5.93% of
inspections are briefed below: TPAC) was selected. The Managing Director in
his letter dated 22.12.2017 to the Superintending
1. “Strengthening of Distribution System in
Engineer pointed out that some of the items which
Varappuzha Panchayat, Ernakulam”(WRD003-08).
are estimated and part of tendered PAC are either not
The tender and work awarding process of the mentioned or not qualified in the schedule/detailed
project were inspected with the files and documents scope of work of NIT. Subsequently an undertaking
in the o/o the Superintending Engineer, KWA Circle, from the contractor was obtained agreeing to execute
Ernakulam, who is the tendering authority. The all components of works specified as per the estimate.
Administrative Sanction, Technical Sanction and The KWA Board resolved to award the work to L1
KIIFB approval for the project were for Rs. 16.50 Cr. bidder and issued sanction order on 06.03.2018.
The components and estimate of the works are The Superintending Engineer granted extension for
given below: agreement up to 18.05.2018 after ordered to impose
a fine of Rs. 15,000/- and the agreement signed on
Estimate
Components 18.05.18.The Performance guarantee was collected
(in Rs)
in the prescribed form. As per the progress report,
Part I Renovation of the laying of various type of pipes is going on and 13%
existing old Water of work completed as on 31.12.18.
28450683.00
Treatment Plant at
Muppathadam On inspection the following lapses are observed:
Part II Strengthening • The remittance details of fine imposed for the
of Distribution delayed agreement is not produced.
System in • The Design of plant and other components
Varappuzha (laying submitted by the contractor has been
of various types of forwarded to WASCOM on 20.06.2018 for
pipes) approval, but the same is not seen returned
after approval. The contractor in his letter
Zone 1 42148702.00
dated 27.08.2018 reported that they have lost
Zone 2 57650830.00 25% of the completion time because of the
delay in communicating the approval of design
Zone 3 35992153.00 by KWA.
Unforseen Items if • The selection notice/work order to the
757632.00
any contractor issued on 30.04.2018 with
TOTAL 165000000.00 completion period as 12 months and agreement
signed on 18.05.2018. Though 8 months have
The tender notice was issued for the project at elapsed after selection notice, 13% of work
an Estimated PAC of Rs. 14,10,40,177/- excluding alone completed.
road restoration charge and published through • The WBS is not seen revised according to the
advertisement in national and local dailies. The revision/delay in execution.
KERALA INFRASTRUCTURE INVESTMENT FUND BOARD - DEFINING THE FUTURE 9
 The KWA was asked to report/explain the reasons for the above discrepancies.
2. Inspection on the allegation of delay in bill processing for the Project “Setting up of Dialysis Centres”.
A complaint petition has been received in KIIFB from a contractor alleging delay, in processing the work
bills, on the part of KMSCL and KHRWS. The allegation has been enquired into. It was found that there is
substance in the allegation as delay has occurred on the part of KMSCL as well as KHRWS in processing the
work bills and delayed submission of bills to KIIFB has affected the timely release of payments to contractors.
Lack of adequate manpower is the reason cited by the SPV for the same.
During inspection in KMSCL the following discrepancies were also noted:
• After the finalisation of Site Plan for the Dialysis Units, modifications suggested by hospital officials
once the work started causes considerable delay in completion of works in some locations.
• Agreement Register is not maintained, and serial number is not assigned to the Agreement document.
• Agreement executed between KHRWS and Contractor does not mention the amount of contract,
tenure of contract etc.
• The KHRWS is outsourcing supervisors as the agency has no sufficient human resources for overseeing
the works.
The above pointed out discrepancies and lapses were brought to the notice of the Administrative
Department for rectification.

KIIFB GETS CONSIDERABLE MENTION

IN STATE BUDGET 2019-20
The Hon’ble Finance Minister, Dr.Thomas Isaac backlog receipts of previous years since the onset of the GST
presented the State Budget for 2019-20 on 31st January regime expected to be realised during 2019-20 justifies the
2019.The total outlay of this Budget is Rs. 1.42 lakh crore. expectation.
Even in the background the financial crisis resulting from
In the Budget Speech, the Hon’ble Minster presented a
the ravaging floods and low returns from GST, the expected
plan outlay for 2019-20 is raised to Rs.39,807 crore from masterplan of 25 ambitious programmes meant to spur the
Rs.32,564 crore in the previous year. There are altogether overall development of the state and the economy. This will
1,200 Schemes in the Plan itself. The budget marks a return ensure not only the development of infrastructure facilities
to the fiscal consolidation path, with an expected GST but also supplement the social security in the state.
revenue of 30% and fiscal deficit of 3% of GSDP which is Since its restructuring in 2016, KIIFB has been receiving
within the limit prescribed under the fiscal responsibility increasing mention in the successive State Budget Speeches.
rules. The fiscal consolidation is envisaged despite stepped In the 2019-20 Budget Speech KIIFB has received mention
up government expenditure for the rebuilding of the in a total of 50 places. Of the 25 ambitious programmes
state ravaged by massive floods in August 2018. The total that are purported to have the potential to deeply influence
expenditure of the government is increased to 13.88% in the State’s future, KIIFB has considerable role in 10 of them,
relation to 2018-19 revised estimate. The vision behind the besides implementing various projects announced for 9
decision to up the ante is that the government expenditure other sectors. The projects involving KIIFB mentioned in
needs to be increased to prevent the economy from falling the Budget Speech as part of the 25 programmes are:-
into recession in the background of the diminishing inflow
from the Gulf Countries. Not only for averting the financial 1. Industrial Parks and Corporate
crisis but also for the success of loans through KIIFB and
others, the budget should be better balanced. Revenue Investments
deficit should be brought down from the last five years Rs.15,600 crore has already been sanctioned from
average of 2.21% to below 1% and fiscal deficit should be KIIFB for acquiring 6,700 acres of land for Industrial Parks
brought down from the last five years average of 3.61% to utilizing the potential of Kannur Airport, a massive chain
3%. To achieve this, GST revenue should grow by 30% in of Industrial Complex will be created at the outskirts of
2019-2020. Prima-facie this quantum jump of 30% from Kannur Airport. In connection with Cochin Refineries, 600
the current 10% would be thought as impractical but the acres of land belonging to FACT for Petro Chemical Park

10 KERALA INFRASTRUCTURE INVESTMENT FUND BOARD - DEFINING THE FUTURE

will be acquired in 2019-20. An attractive land acquisition from centres producing at lowest cost. The transmission
package will be formulated, avoiding eviction, giving grids for the smooth transmission of electricity are becoming
emphasis to fallow land and decadent plantations, based on important. This is the importance of the KIIFB funded Trans
the willingness of the land owners. In addition to KIIFB Grid 2.0 amounting to Rs. 6,375 crore. Along with this it
funding, innovative devices like land bonds, land pooling is decided to actively intervene in demand-management
etc. will be utilized. Mention was also made about the office sector. 50 crore unit of electricity can be saved, if whole of
space being constructed with KIIFB assistance in Techno the CFL lamps and filament bulbs in the state are replaced
City, Thiruvananthapuram. by LED bulbs. The mercury pollution can also be avoided.
KIIFB funding will be ensured to Electricity Board for the
2. Malabar Coffee and Carbon bulk purchase of LED bulbs.
Neutral Wayanad 6. Designer Roads
KINFRA mega Food Park amounting to Rs.150 crore
It is intended to use modern technology for construction
with KIIFB funding announced in the first budget will be
of roads with the requirements such as transportation,
established in 2019-20. Common processing facilities for
safety, amenities for pedestrians, drainage and long-term
coffee will be established here.
maintenance, strictly adhering to the standards of Indian
3. New Kuttanad Package Road Congress. The speciality of these designer roads will
be modern technologies like full depth reclamation and cold
Kuttanadu Drinking Water Scheme with KIIFB aid of recycling. Use of geo textiles and geo cells will be increased.
Rs 250 crore will become a reality in 2019-20. The multi Technologies such as micro surfacing will be widely
storied hospital being constructed in Pulinkunnu with utilised. Even though, the initial cost of these roads will
KIIFB assistance will have facility for landing of helicopters. be substantially higher, in long term, the maintenance cost
The estimated cost of this is Rs. 150 crore. will be lower and it will have longer life as well. The roads,
bridges and buildings which were given administrative
4. Rehabilitation and Restoration of sanction based on the previous years’ budgets, worth Rs.
Coasts 10,000 crore, are in different stages of construction. Apart
Sanction has already been given for works amounting from this, the public works worth Rs. 11,000 crore approved
to Rs. 227 crore for the prevention of sea erosion by and funded by KIIFB are in various stages of tendering and
traditional means like sea wall, pulimuts etc. Experiment construction.
for constructing Off Shore Break Water on the sea bed at
a distance of 400-500 feet from the shore is going on in 7. West Coast Canal
Poonthura. If found successful, this scheme will be further 2020 will be the year of completion of 585 kilometerof
expanded. Fund for this will be made available from KIIFB. Bekal – Kovalam waterway. The construction of Kovalam –
Sanction has been given for Parappanangadi harbour from Kollam, Kodungallur – Bekal stretch has been rejuvenated
KIIFB. Chethiharbor which has been given administrative when it has been undertaken by Kerala Waterways and
sanction will also be undertaken by KIIFB. A new harbour Infrastructure in collaboration with CIAL. An amount
will be constructed at Pozhiyoor. Steps are being taken of Rs.600 crore has been allocated by KIIFB for land
with the support of KIIFB to renovate 70 fish markets and acquisition in connection with the 26 kilometer long canal
to set up cold chain network. An amount of Rs. 200 crore from Mahi to Valapattanam. The completion of West Coast
is earmarked for coastal roads. All the schools in coastal Canal will largely rewrite the state transportation structure.
area having the strength of more than 500 students have Water transport was the most important mode of freight
already been taken up by KIIFB. The renovation of the movement before independence. Today, the role of water
remaining 71 schools will start this year. The renovation transport is marginal. A change in the scenario is essential
of all the Taluk hospitals in the coastal area will begin this considering the environment, cost effectiveness of freight
year. Total investment in the coastal area through KIIFB is movement. It will be a great boost to backwater tourism and
Rs. 900 crore. Malabar River Cruise Project being formulated.

5. Energy Mission 8. Spices Route and Heritage Projects

Funds will be provided from KIIFB to install solar panels The latest and most extensive project in tourism sector
on the roof top of government institutions like schools and is ‘Spices Route’. The intention of this travel project is to
hospitals. The amount saved from electricity charges is connect the ports of Kerala, emerged from very ancient
sufficient to complete the repayment in five years.The power times as part of international spice trade but declined
generated from the alternate sources will be insufficient for later, are to be connected with the ports of West Asia and
our increasing requirement. Kerala’s dependence on outside Europe. It is similar to the Spices Route in China. This
electricity will increase. It is profitable to purchase electricity concept has originated from Muziris Heritage Project. Now
KERALA INFRASTRUCTURE INVESTMENT FUND BOARD - DEFINING THE FUTURE 11
activities have been started by including Thalassery and of the general public was the expansion of amenities in
Alappuzha in the project. The detailed plan of Thalassery general education sector. An amount of Rs. 2,037.91 crore
Heritage Project has already been prepared. Ponnani and has been sanctioned for this from KIIFB. 45,000 class
Thankassery will be included in the project in 2019-20. rooms of 8th to 12th standard of 4,775 schools have been
The construction of Coastal Highway, having cycle track, transformed to high-tech. An amount of Rs. 292 crore has
connecting all the port cities in Kerala with the financial already been sanctioned by KIIFB for converting 9941
assistance of Rs.6,000 crore from KIIFB will be a big boost number of primary/upper primary schools to high-tech.
for Spices Route. Alappuzha will be a model to know how Besides the above mentions, paras 113-116 of the
the spices route project will transform our old port cities. Budget Speech have been exclusively dedicated to illustrate
The first phase consisting of a dozen heritage museums, the achievements of KIIFB. KIIFB has also received
canal renovation and restoration, modernisation of factory mention regarding other sectors. The Tourism projects at
and port buildings will be completed in 2019-20. It will Muzhuppilangad and Akkulam, implementing projects
take one more year for the renovation of roads and bridges, worth Rs.141.75 crore for providing modern facilities at
construction of transport hub and completion of remaining Sabarimala, base camps at Nilakkal, Pamba and important
museums. The Alappuzha canal region will be transformed interim shelters as part of the Sabarimala Master Plan.
into a showcasing zone of not only ancient buildings but In the Health sector the hospitals that have commenced
also the distinct cultural heritage. It is expected that at least construction are saidto require at least Rs.1,000 crore from
half of five lakh travellers visiting Kuttanad back waters KIIFB. In the back drop of the recent floods, it is found
could be enticed to Alappuzha. It will help the rejuvenation that the land allotted for Medical College at Wayanad is
of the city and also create employment on a large scale. unsuitable. To purchase suitable land and to commence the
initial work of the building, money will be made available
9. Non-Resident Keralite Investment from KIIFB. The total outlay for education sector including
and Protection Central share comes to Rs.3,154 crore. In addition to this,
NORKA Welfare Board has formulated a Deposit an expenditure of at least Rs.1,000 crore is expected from
Dividend Scheme in the face of the criticism that the KIIFBthe Education sector. Thus, as in the Health sector,
monthly pension of Rs. 2,000/- given to Non-Resident the Education sector is also expected to put an all-time
Keralite is inadequate. As per this Scheme, if Rs. 5 lakh record to the tune of Rs.4,000 crore during the next year.
or its multiples are invested, after five years, non-residents In the Higher Education sector Rs.300.74 crore renovation
or their heirs will get a fixed amount as monthly income project for college buildings with the financial assistance
based on the investment. Interest obtained by investing of KIIFB will be started during 2019-20. In the Culture
the deposit amount in institutions like KIIFB will be given sector many of the District Cultural Centres which were to
as dividend. Providing financial assistance, by merging be established through KIIFB, as proposed in the previous
Welfare Pension with this scheme is also considered. budget, will move towards construction stage in 2019-20.
Akin to Deposit Dividend Scheme, KSFE has started Kerala is a prominent state in the sports field. KIIFB has
Pravasi Chitty to utilise the savings of the Non-residents already given approval for 27 projects worth Rs.528.90
for the development of the State. The amount being crore so far for the sports sector. The KIIFB projects
obtained from Pravasi Chitty by way of security, floating that will bring about major improvements to our sports
money and deposit of bidders is being deposited in KIIFB infrastructure facilities, will move towards construction in
bonds. Chittals will have the right to suggest, for which 2019-20. In the Forest sector besides funding ambitious
KIIFB Construction Projects, their investments have to be projects for prevention of man-animal conflict, KIIFB has
utilised. PravasiChitties will have a decisive role towards sanctioned an amount of Rs.269.75 crore for Puthoor
the fund mobilization of KIIFB in 2019-20. Presently the Zoological Park Project through which a dream that has
chitty has been started only in the U.A.E. The activities been on wait for two decades is going to be realised. The
will be extended to other Gulf countries by the month of modernization of buildings of the Registration Department
February. After a few months, it will be possible to join the will be continued with the financial assistance of KIIFB.
chit from any country in the world. On a closing note on the Fiscal Analysis, the Hon’ble
Minister has observed that if the investments through
10. Towards Educational Excellence KIIFB alone are analysed, one can get a glimpse of the big
In the last two years 2.5 lakh students got additionally transformation envisaged in the economy for the coming
enrolled in general educational institutions. Of these, 94 years. This is a testimony to the decisive role played
% were students who had obtained T.C from other schools. by KIIFB in spearheading the state’s development and
One important aspect that heightened the expectation economic prosperity.

Printed and Published on 15/2/2019, by the Chief Executive Officer for KIIFB, Felicity Square, 2nd Floor, Opp. AG’s Office,
12 KERALA INFRASTRUCTURE INVESTMENT FUND BOARD - DEFINING THE FUTURE
M G Road, Thiruvananthapuram 695 001 Tel: +91 471 278 0900 [email protected], www.kiifb.org