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Emerging Kerala - Biennial Global Connect

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Emerging Kerala is planned as a biennial Global Connect, the first being 'Emerging Kerala 2012' scheduled to be held from 12th – 14th September 2012 at Le Meridien Convention Centre, Kochi, Kerala. The Hon'ble Prime Minister of India, Manmohan Singh would inaugurate the three-day investment summit.

The event is organised by the Kerala State Industrial Development Corporation (KSIDC) with the support of the Government of Kerala (GoK), in addition to various Trade and Industrial bodies. The Confederation of Indian Industry (CII) and National Association of Software & Services Companies (NASSCOM) are event partners.



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Kerala seeks investment from UAE
Abu Dhabi: The south Indian state of Kerala is trying to cash in on the reputation of its people, who constitute the largest Indian community in the UAE, to seek foreign investments for its ambitious megaprojects which include a 650km high-speed railway, an official of the state delegation visiting the UAE said on Sunday.
Highly educated and skilled Keralites are everywhere in the world, including the UAE, and have acquired a very good reputation, according to V. Somasundaran, Additional Chief Secretary in charge of Industries and Commerce in the Kerala state government.
A prominent Indian businessman said when India’s economy was opened to foreign investments in 1991, they were advised to take their Emirati business partners to India to look into opportunities there.
“They said it would be beneficial to both Indians and Emiratis to strengthen their existing relationships,” said Mohan Jashanmal, the chairman of Indian Business and Professional Group, Abu Dhabi.
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The group hosted an event on Sunday evening for two senior Kerala government officials who presented the projects to be unveiled in ‘Emerging Kerala’. It is a global networking programme designed to bring together people from all walks of life who are interested in investing in the state.
The tender for the proposed projects will be ready at the ‘Emerging Kerala’, said Alkesh Sharma, Managing Director of Kerala State Industrial Development Corporation. The event will be held at Kochi, the city known as the commercial and industrial hub of the state, from September 12 to 14.
The Kerala government has identified 26 thrust sectors to be presented before the investors. Of these 10 will be core sectors.
Among the 10 core projects, the high speed railway will be the first of its kind in South Asia, they said.
The corridor linking Thiruvananthapuram, the capital of the state in the southernmost part, to Kasargode, the northernmost city, will be independent of the existing 1,148km railway lines on 13 routes in the state, they said.
The first phase of the project connecting Thiruvananthapuram and Kochi, will cost Rs45 billion (Dh2.97 billion).
Kochi Metro, a world-class Light Mass Rapid Transit System in Kochi City, of Rs450 billion and monorail projects at Thiruvananthapuram (of Rs34.08 billion and Kozhikode (of Rs15 billion) are also part of the ambitious infrastructure projects.
The officials said the government has set up an online single-window clearance system which facilitates the processing of licences and approvals can be secured within 90 days for investors.
When an Abu Dhabi government official inquired whether the 90-day duration is a long time to get all clearances, Somasundaram said: “It is the maximum time. In most of the cases, the clearance will be given in a shorter time.”
He explained that some projects like that of gas infrastructure need environmental impact assessment and related approvals which require a little time.
PM to inaugurate Emerging Kerala summit 2012
Prime Minister Manmohan Singh will inaugurate 'Emerging Kerala 2012', the flagship global connect programme of the state government to be held at Kochi from Sep 12 to 14, officials Monday said. The event will be attended by many national and international luminaries.

Emerging Kerala is being organised by the Government of Kerala with Confederation of Indian Industry (CII) and NASSCOM as partners to the event.

Along with the prime minister, who will be inaugurating the event, many union ministers and international luminaries will be participating in the three-day event, the Kerala State Industrial Development Corporation (KSIDC) said.

The state-owned KSIDC is the nodal agency for the summit to be held biennially and expected to propel the state's economic development through private-public- participation in various projects that will be show-cased at the event.

KSIDC has by now held road shows and promotional events across India and overseas in the run up to the summit.

In a press release issued here Monday, KSIDC said that among those expected to attend are an array of union ministers including Culture Minister Kumari Selja, Commerce Minister Anand Sharma, Urban Development Minister Kamal Nath, Health Minister Ghulam Nabi Azad and Science and Technology Minister Vilasrao Deshmukh.

Also arriving for the programme are foreign dignitaries, including an official delegation from China's Yunnan province led by Zhu Fei, the deputy director general of the department of commerce.

Francoise Cluzeau, senior adviser at the UK-based National Institute for Health and Clinical Excellence, will deliver a keynote address on ensuring quality in healthcare services in Kerala.

Others attending include Montek Singh Ahluwalia, deputy chairman of the Planning Commission, Sam Pitroda, advisor to the prime minister and Kerala's mentor, and Prof. Gita Gopinath, professor of economics at Harvard University besides leading industrialists and top executives of some of India's top companies such as Tata, Infosys, Godrej and Mahindra and Mahindra.

The League of Arab States has resolved to take part in the event and their trade and diplomatic delegations are expected to arrive two days in advance for high-level discussions and dialogue.

Diplomatic delegations from several other countries, including the UK, US, Australia and Singapore, have already visited the state in the run-up to the event and expressed interest in inter-governmental and business partnerships.
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