Hotel Cum Convention CenterKozhikode city, the third largest urban centre in Kerala, presents immense investment opportunities in sectors such as tourism and hospitality, IT, health, education, trade, etc. The city with population of over 6.5 lacs pursuant to the merger of three important panchyats and is likely to be one of the JNNURM city (phase II). The City being strategically located, is the gateway to in Malabar region and Wayanad International Airport Unique Competitive Advantages Connectivity: Kozhikode is perhaps the only city of its size to have an international airport, three National highways, major railway and port connectivity. It is well connected to Bangalore, Mysore, Chennai, Coimbatore, Delhi, Mumbai , Goa- major economic destinations of the country. IIM Presence of national level educational institutions IIM and NIT and health institutions such as government medical college and Malabar Institute of Medical Sciences (MIMS), further enhances the status of the city. High purchasing power: City is one of the major affluent centres of Kerala with large remittances from the NRI contingent. New Flyover Mavoor Road Kozhikode city has the potential to emerge as one of the leading destination in India.
Project introduction.
Infrastructures Kerala Ltd (INKEL), established by the Government of Kerala proposes to develop a Hotel Cum Convention Centre in Kozhikode city through investments from private sector. The proposed plot admeasuring 2.43 Acres, is located very close to the beach and near the heart of Kozhikode city, Kerala. The proposed project envisages an investment of Rs. 170 Cr (appx.) and INKEL is interested to participate in the development to some extend.
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