Expats urge flexible share pattern for Kannur airport
TRIVANDRUM — Non-Resident Keralites (NRKs) in the Gulf countries have urged the Kerala government to float an infrastructure bond for the construction of the state’s fourth airport at Kannur to ensure participation of small investors in it.
The lower and middle-income group NRKs, who constitute bulk of the Malayali stock in the Gulf, have been finding it difficult to be part of the venture in their home state as the minimum amount required to buy shares of Kannur International Airport Ltd (KIAL) is Rs.200,100.00
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