February 10, 2022
3 mins read

‘Kerala offers huge investment avenues in tourism’

Kerala’s Tourism Minister Mohamed Riyas said the State is keen to partner with UAE-based investors and Non-Resident Keralites (NRKs) in scripting a new story of growth and development in key sectors, especially tourism, reports Asian Lite News

As tourism in Kerala is set to bounce back from the COVID-19-induced crisis, the State offers high investment opportunities in travel and hospitality sector with the government unveiling several ambitious projects to tap its potential as an extended tourist haven, P. A. Mohamed Riyas, Tourism Minister of Kerala, said.

Addressing a press conference in Dubai, Riyas said the State is keen to partner with UAE-based investors and Non-Resident Keralites (NRKs) in scripting a new story of growth and development in key sectors, especially tourism.

‘Kerala offers huge investment avenues in tourism’

Major initiatives promising attractive investment opportunities include ‘Exploring the Unexplored’ destinations, opening up the untapped Malabar region, Caravan Tourism, safe and regulated adventure tourism, experiential tourism, workcations and active holidays, the Minister said.

While the recently launched Caravan Tourism is sure to provide a riveting experience to visitors, houseboats will continue to be one of the top holiday experiences in Kerala. Caravanning will help Kerala tourism to expand beyond established destinations, he said.

Riyas, who is leading a delegation from Kerala to Expo 2020 Dubai to showcase the state’s strengths, said the new projects have opened up investment possibilities in MICE facilities, resorts and hotels, caravans and caravan parks, farmstays, adventure holidays and travel and tour operations.

‘Kerala offers huge investment avenues in tourism’

The delegation included Dr. Venu V, Additional Chief Secretary (Tourism) and VR Krishna Teja, Director, Tourism.

Kerala has an investor-friendly institutional mechanism to provide quick approvals and mandatory clearances for investment proposals, the Minister said.

Emphasising on the strong government-to-government relations with UAE and people-to-people social and cultural ties, Riyas said he is confident that tourism will be a key driver in this relationship with more and more Keralites travelling to UAE, and vice-versa, in the future.

Kerala Week

The India Pavilion at Expo 2020 Dubai has achieved yet another milestone by registering nine lakh visitors since its inauguration on October 1, 2021. The Pavilion was inaugurated by Shri Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, and Leader of the House in Rajya Sabha and has so far clocked 9,05,021visitors as on 4th February 2022.

Indian Pavilion at Expo 2020 Dubai

In his tweet message, Shri Goyal said, “New India’s new milestone @Expo2020Dubai. Over 9 Lakh people have already visited the spellbinding India Pavilion. #IndiaAtDubaiExpo continues to capture the world’s imagination with its insight, innovation & opportunities.”

At present, the India Pavilion is hosting the Kerala Week, which was inaugurated by Shri Pinarayi Vijayan, Chief Minister of Kerala and H.E. Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Tolerance and Coexistence, and Commissioner General of Expo 2020 Dubai.

The state is showcasing its business potentials for investment in various key sectors along with its culture and tradition through a series of events. Kerala week is witnessing important government engagements with industry leaders, business organizations and one-to-one meetings with an intent to bring more investment to the state in key growth sectors.

ALSO READ: Slovenia celebrates National Day at Expo 2020

In the coming weeks, the India Pavilion will witness participation from states such as Tamil Nadu, Chattisgarh, Jharkhand, Andhra Pradesh and West Bengal. Sectors such as Information and Broadcasting, Energy Conservation, Environment & Sustainability, Tribal Affairs will also display their potential and collaboration opportunities to the world at India Pavilion.

At this stupendous speed, India Pavilion will soon be celebrating the milestone of 1000K footfall.

Previous Story

Mahatma Gandhi statue vandalised in US, Probe launched

Next Story

‘Al Qaeda, Daesh reconstituting in Afghanistan’

Latest from -Top News

Trump Targets BRICS Allies with New Tariff

This move coincides with the ongoing BRICS summit being held in Rio de Janeiro, Brazil…reports Asian Lite News US President Donald Trump has announced that an additional 10 per cent tariff will

BRICS Endorses India’s Stand on Terror

The treaty proposed by India within the UN framework aims to provide a comprehensive legal basis for combating terrorism….reports Asian Lite News The leaders’ joint statement, issued after the 17th BRICS summit

BRICS Slams US Tariff Hikes

The leaders criticised developed nations for using environmental issues to justify trade restrictions on developing countries….reports Asian Lite News Rio de Janeiro, July 7 (IANS) Embroiled in a trade war launched by

US Tariffs Pushed to August Amid Talks

In April, Trump announced a base tariff of 10 per cent on most of America’s trading partners and thereafter additional duties ranging up to 50 per cent….reports Asian Lite News US President

Indonesia Joins BRICS Bloc

This year’s BRICS Summit saw an expanded format, reflecting the grouping’s growing relevance in international affairs….reports Asian Lite News Prime Minister Narendra Modi formally welcomed Indonesian President Prabowo Subianto into the BRICS
Go toTop

Don't Miss

Jaishankar cements India-UAE ties

Jaishankar arrived in Abu Dhabi for a three-day visit to

Former Kerala CM Oommen Chandy passes away

Chandy will go down in the history of Kerala Assembly