KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

Government of Kerala is poised for accelerated investment in Infrastructure for ensuring sustainable growth in the economy. To finance critical and large infrastructure projects the Government intends to mobilize funds both in the medium as well as long term. Government has approved a plan to issue General Obligation Bonds against unconditional Government guarantee and Revenue Bonds with structured payment mechanism for medium term requirement and has initiated steps to raise funds to meet long term requirements through Alternative Investment Funds (AIF), Infrastructure Investment Trust (InVIT), Infrastructure Debt Fund (IDF) and build the institutional framework needed for this. In this new scenario KIIFB has been restructured to act as the key Special Purpose Vehicle (SPV) for mobilising and channelling the funds to the various infrastructure SPVS. KIIFB through its well organised and professional approach will act as the key arm of Government to facilitate planned, hassle-free and sustained development of both physical and social infrastructure ensuring all round well being and prosperity in the State.

LATEST NEWS

IInd - Board Meeting :
Last date of submission of DPRs with Cost Benefit Analysis of the projects for the next meeting of KIIFB is 16.12.2016.

Proceedings of the projects approved by General Body held on 07.11.2016.

IInd - Board Meeting:
Last date of submission of DPRs with Cost Benefit Analysis of the projects for the next meeting of KIIFB is 16.12.2016.

Proceedings of the projects approved by General Body held on 07.11.2016.

OBJECTIVES & FUNCTIONS

The Fund was established with the main objective of providing investment for projects in the State of Kerala in sectors like Transport, Water Sanitation, Energy, Social & Commercial Infrastructure, IT and Telecommunication etc. KIIFB will assist the Government and its agencies in the various aspects pertaining to Infrastructure Development and will act as the nodal agency for scrutinizing, approving and funding major infrastructure projects including PPP projects. With the restructured and rejuvenated KIIFB the future looks bright for the development of key infrastructure in Kerala.

Transport

Large and sustainable transport sector is an economic growth driver and core to the development of the state.

Energy

With diverse resource based options for power generation, Kerala has the potential to meet the increasing demand for commercial and industrial energy needs.

Social and Commercial Infrastructure

To fully realize the enormous development possibilities, the Government have designed several social and commercial projects that will significantly enhance the standard of living in the State.

IT & Telecommunication

The State has all the inherent advantages that can foster the growth of IT for socio-economic development, including, advanced levels of literacy, education and healthcare, an excellent telecommunications network reaching all towns and villages.

Water Sanitation

Access to clean drinking water and proper sanitation is essential in achieving better standard of health for the state.

MAJOR INFRASTRUCTURE PROJECTS

KIIFB is constituted under Finance Department of Kerala for raising funds both in the medium as well as long term to finance critical and large infrastructure projects in the state like Vizhinjam International Container Transhipment Terminal,Kochi Metro Project, Kochi Metro Extension, Thiruvananthapuram and Kozhikode Light Metro, Rapid Rail Transit System (RRTS), Thiruvananthapuram-Chengannur-First Phase, Kannur Intematinal Airport,Sustainable and Planned Effort to Ensure Infrastructure Development (SPEEID) Kerala Project-Road, Vytilla Mobility Hub Second Phase, etc.

Vizhinjam International Seaport

World class transhipment hub primarily for Indian Sub Continent cargo (ISC) servicing entire India.

Kochi Metro

Building a world class, state-of-the-art Metro rail system for the city of Kochi.

Light Metro Rail

Mass Rapid Transit Systems (MRTS) in the cities of Thiruvananthapuram and Kozhikode.

Suburban Rail Project

Rapid Rail Transit System (RRTS) - Thiruvananthapuram to Chengannur.

Kannur International Airport

The 4th International Airport for development and growth of economy of North Malabar Region.

Vyttila Mobility Hub

Integration of various transportation, such as Road, Metro Rail and Water transport, to decongest Kochi city from traffic snarls.

About Us

Kerala Infrastructure Investment Fund Board (KIIFB) came into existence on 11.11.1999 under the Kerala Infrastructure Investment Fund Act 1999 (Act 4 of 2000) to manage the Kerala Infrastructure Investment Fund. The main intention of the Fund was to provide investment for critical and large infrastructure projects in the State of Kerala. Comprehensive modification of the Act and Scheme has been made through an amendment Ordinance in August 2016. With new strategy and structure, KIIFB aims to dynamically mobilise funds for the infrastructure development of Kerala. This also includes major land acquisition needs of the State. KIIFB have recourse to the advanced financial instruments approved by SEBI and RBI and is expecting an upspring of sustainable infrastructure development of the State.

Video Intro

Profile

KIIFB was constituted by Government as a Body Corporate having perpetual succession consisting of the following members.

  • Hon'ble Chief Minister- Chairman
  • Hon'ble Minister for Finance-
    Vice- Chairman
  • Chief Secretary to Government- Member
  • Additional Chief Secretary (Finance) - CEO & Member Secretary
  • Vice-chairman State Planning Board - Member
  • Secretary (Law)- Member
  • Secretary (Finance)- Member
  • Secretary (Finance Resources)- Member
  • Seven independent members who are experts, who have worked in an institution of national repute in one or more of the areas of Finance, Banking, Economics
Read More

Meet The Team

Sri.Pinarayi Vijayan

Hon'ble Chief Minister

CHAIRMAN, KIIFB

Dr.T.M.Thomas Isaac

Hon'ble Minister for Finance

VICE-CHAIRMAN, KIIFB

Shri. S. M. Vijayanand, IAS

Chief Secretary, Govt. of Kerala


Member, KIIFB

Dr. K.M.Abraham, CFA, IAS

Additional Chief Secretary (Finance)


CEO & Member Secretary, KIIFB

Organisation Structure

Resources

Documents and Archives

Proceedings of the projects approved by General Body held on 07.11.2016 :: Proceedings of the Fund Manager KIIFB - Approval of first tranche of infrastructure projects for KIIFB funding- Orders issued.

G.O. (Rt) No. 5553/2016/GAD-Dated-25/08/2016  :: Appointment of Chief Executive Officer, Kerala Infrastructure Investment Fund Board

G.O.(Ms) No. 315/2016/Fin. Dated 08-08-2016 :: Implementation Procedure for carrying out Infrastructure plans.

G.O.(P) No. 583/2014/Fin. Dated 29-12-2014 :: Measures for accessing financial markets for raising funds.

G.O.(P) No. 401/2014/Fin. Dated 19-09-2014 :: Constitution of a committee to suggest measures to access financial markets for raising funds

KIIF Act 2016 :: The Kerala Infrastructure Investment Fund (Amendment) Act - 2016.

KIIF-Amendment-Bill-2002 :: The Kerala Infrastructure Investment Fund (Amendment) Bill - 2002.

KIIF-ACT-1999 :: The Kerala Infrastructure Investment Fund Act 1999 (Act 4 of 2000)

Cost Benefit Analysis Sheet - Ver 3.0 :: Analysis of Cost Benefits - Updated Version 3.0

Tender Notification :: Request For Proposal-General Consultant-Final Draft

BudgetSpeech-2016-17 :: Budget speech 2016-17 presented by Dr. T. M. Thomas Isaac, Finance Minister (8th July 2016)

BudgetSpeech-2015-16 :: Budget Speech 2015-16 Presented By K.M.Mani,Finance Minister (13th March 2015)

Cost Benefit Analysis Sheet - Ver 2.0 :: Analysis of Cost Benefits - Updated Version.

Ammendment-Ordinance-2016 :: The Kerala Infrastructure Investment Fund (Amendment) Ordinance, 2016

KIIFB - MajorInfrastructureProjects :: Vizhinjam International Seaport Limited,Kannur International Airport,KOCHI METRO,Light Metro Rail Projects at Thiruvananthapuram and Kozhikode,Suburban Rail Project,..

GALLERY

Vizhinjam International Seaport

Proposed plan

Vizhinjam International Seaport

Dredging in Progress

Kannur International Airport

Airport Apron 1

Kannur International Airport

Airport Apron 2

Kannur International Airport

Airport Apron 3

Kannur International Airport

Runway

Kannur International Airport

Airport Terminal work in progress

Kannur International Airport

Airport Terminal work in progress

Kannur International Airport

Airport Terminal work in progress

Kannur International Airport

Runway

Kochi Metro

Coach-TestRun

Kochi Metro

Coach-Interior

Kochi Metro

Coach-TestRun

Kochi Metro

Coach-TestRun

Smart City- Kochi

1st Building

Smart City- Kochi

1st Building

Smart City- Kochi

1st Building

Kundaman kadavu Bridge

Aanayara Bridge

Thakaraparambu Bridge

Get in Touch

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Contact InfoX

KIIFB.
4th Floor, India Heights,
Govt. Women's College Road,
Vazhuthacaud , Thycaud P.O - 695014
Thiruvananthapuram, Kerala, India.
@: kiifboard@gmail.com
P: +91 (0471) 2780902-905
M: +91 9446898136-140