A Dubai-based company KEF in Kochi-India News and Travel Times Provides India-centric and other News and Features

Dubai-based KEF Company plans to invest $ 288 million in three new projects in Kerala. The projects include a luxury hotel and three factories and a 500-bed hospital, said KEF Chairman Fazal Kottikollon, adding that the projects will create up to 10,000 jobs. He also said that the three factories will be integrated manufacturing facilities specialising in pre-cast concrete technology for making kitchens, toilets, doors and windows. Taking construction technology to the highest level possible, from design, production, technical and management, Mike Down, VP Infrastructure, observed, “Our studies showed that pre-cast technology provides significant benefits in early completion of the project, with time savings of up to 40 percent over conventional methods of construction.” The hospital at Kozhikode, scheduled for opening by the end of next year, is being built through a joint venture with the Peekay Group. The hospital will primarily focus on Cardiac Sciences, Neurosciences and Orthopedics, along with a world-class rehabilitation program. “Our aim is to create a research-based center of excellence, while establishing it as a novel center of medical tourism in the region,” said Mr. Kottikollon. The project of a hotel cum resort will be spread over 30 acres at Chelembra in Kozhikode, and will feature a convention centre to accommodate over 3,500 people and a shopping complex. With plans for building a modern convention centre in South India, their new hospitality project in Kozhikode will also be a destination hotel resort and wellness spa. The unique concept will soon be seen across other idyllic and pristine of locations, with Mangalore being next in line. The company was in news last year, when U.S. based flow control giant Tyco International acquired a 75 percent stake in their UAE-based valve manufacturing entity.

Dubai-based company to invest $ 288 m in Kerala projects