Financial Daily from THE HINDU group of publications
Friday, Jul 12, 2002
Industry & Economy
US investor offers to build heritage village in Kerala
THIRUVANANTHAPURAM, July 11
THE high-level delegation from Kerala currently touring different parts of the US, wooing investors, has received an investment proposal from a non-resident Keralite in Texas.
Mr Sasidharan G. Nair, CEO of Supreme Healthcare Inc, has offered to set up a heritage village in central Travancore to house the aged parents of non-resident Keralites (NRKs) left behind.
The multi-crore project will feature high-quality basic amenities, including nursing care for the aged people.
The village will be equipped with latest video-conferencing facilities to enable the NRKs to communicate with their parents at a particular time.
The proposal also envisages vocational training programmes for the inmates, according to a statement from Kerala State Industrial Development Corporation (KSIDC).
Mr Nair would prepare a detailed report on the project and submit it to the State Government shortly, it added.
The delegation, headed by the Industries Minister, Mr P.K. Kunhalikutty, interacted with the members of the Silicon Valley Indian Professionals Association in San Jose, California.
In his address, he highlighted the proactive policy initiatives taken by the State Government to attract investors to Kerala.
He added that the Government had been aggressively promoting information technology and business process outsourcing (BPO) activities by building on the State's highly literate human resources, the statement said.
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