Kochi: Kerala sees fresh investment of Rs 1 lakh-crores going by entrepreneur feedback at ASCEND 2020 Global Investors Meet, Chief Minister Pinarayi Vijayan revealed on Friday at the conclusion of the event held with the aim of lending pace to ''Ease of Doing Business'' in the state. Of the amount, Rs 98,708 crores comes in as direct promise during the two days of ASCEND, while there are "a couple of entrepreneurs whom we happened to miss" at the event but have expressed their willingness to invest, the Chief Minister said amid cheers at the Lulu Bolgatty International Convention Centre.
Overall, the just-concluded event received 164 investment proposals. Across the sessions at ASCEND 2020 came in such promises worth Rs 32,008 crores and, towards the end, the Kerala Infrastructure Management Ltd vowed Rs 8,110 crores, while the Abu Dhabi Investment Authority promised investments of Rs 66,900 crores. The government plans to meet the prospective investors individually. A team led by Principal Secretary (Industries) Dr K Ellangovan has been entrusted with this task, the CM said.
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