Dubai: In a move that has potential to boost the image of the state as an investment destination NRI business tycoon M. A. Yusuf Ali has drawn up plans to invest Rs 1,500 - 2,000 crores in his home state The managing director of EMKE group says he is aiming to be the number one investor in Kerala.
Work is progressing on one of India's biggest shopping mall at Edappally along with a a premium five-star hotel managed by JW Marriott. Other projects include a convention centre at Bolghatty - a joint venture with Grand Hyatt, a 20 lakh sq ft logistics centre touted as the country's largest and a flight catering centre in association with the JW Marriot group. The 15 lakh sq feet logistics centre would generate around 3000 job opportunities. EMKE group has also plans for a convention centre with a star hotel attached to it in Kozhikode.
Yusuf Ali says these ventures have the potential to create atleast 15,000 job openings. He said the group will pursue more investment opportunities in the Emerging Kerala summit to be held in September.
EMKE group is a major employer in Gulf countries with around 22,000 Malayalees working in different Lulu outlets. The group has also plans to expand their business to Vietnam and Malayasia.
Work is progressing on one of India's biggest shopping mall at Edappally along with a a premium five-star hotel managed by JW Marriott. Other projects include a convention centre at Bolghatty - a joint venture with Grand Hyatt, a 20 lakh sq ft logistics centre touted as the country's largest and a flight catering centre in association with the JW Marriot group. The 15 lakh sq feet logistics centre would generate around 3000 job opportunities. EMKE group has also plans for a convention centre with a star hotel attached to it in Kozhikode.
Yusuf Ali says these ventures have the potential to create atleast 15,000 job openings. He said the group will pursue more investment opportunities in the Emerging Kerala summit to be held in September.
EMKE group is a major employer in Gulf countries with around 22,000 Malayalees working in different Lulu outlets. The group has also plans to expand their business to Vietnam and Malayasia.
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