(MENAFN- Khaleej Times) The international convention centre and hotel project proposed by UAE-based Emke Group at Bolghaty Island in the port city of Cochin has received the final approval of the Kerala government.
The state cabinet cleared the project, which is designed to facilitate events such as Saarc summits and the Oscar Awards function, at its meeting on Wednesday. Chief Minister Oommen Chandy announced the decision at his post-cabinet media briefing. Group managing director Yusufali MA had earlier offered to withdraw from the project after questions came up over the land deal with the Cochin Port Trust. The NRI businessman reconsidered the offer after he received support from major political parties.
The project, which is the biggest of its kind in the country, envisages an international convention centre with a seating capacity of 4,000 to 6,000 and a five star hotel in association with the Hyatt Group at an estimated cost of Rs6 billion.
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