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Sankar Radhakrishnan

Thiruvananthapuram, Nov. 3

THE State Government has decided to merge Bekal Resorts Development Corporation (BRDC) and Tourist Resorts Kerala Ltd (TRKL).

Confirming the merger, Mr T. Balakrishnan, Secretary-Tourism, pointed out that the move made sense given the high level of synergy between the two organisations.

"Both companies work in the area of resort development and hence it seemed appropriate to merge them," he told Business Line. BRDC has built up an excellent resource base and has a number of skilled personnel on its staff, while TRKL has entered into "excellent" partnerships with the Taj and Oberoi hotel groups. The merged entity will make it possible for Kerala Tourism to leverage the joint expertise of the two companies, he added.

While the Government has approved the proposal to merge the two companies, the details of the merger are still being worked out. For instance, it has not yet been decided whether the new entity will be a subsidiary of the Kerala State Tourism Development Corporation (KTDC) or will exist separately, Mr Balakrishnan said. The merger process will be completed in a few months, he added.

It may be recalled that TRKL was formed as a fully-owned subsidiary of KTDC and was charged with the responsibility of promoting private sector investment in Kerala's tourism sector. The BRDC on the other hand was established with the specific objective of developing an international tourist resort at Bekal in North Kerala.

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