KEF Infra has announced its plans to set up “Construction Building Manufacturing Park” in Telangana. KEF Infra is a division of KEF Holdings, a multinational diversified Group with operations in strategic investments, infrastructure manufacturing, and healthcare development, across India, UAE and Singapore. The Manufacturing Park will be established in association with the Telangana government with an investment of Rs 650 crore.
About 200-250 acres of land is required for the park. Four places have been identified in Ranga Reddy district and other places but they are yet to be finalized. As part of the partnership the Telangana State Industrial & Infrastructure Corporation (TSIIC) will provide all the basic infrastructure including roads, electricity, water to the park and also promote the Park by providing skill development training to the employees who will join in it. KEF Infra is going to set up their Industry in 50 acres of land and other ancillary units will come up in the remaining area. KEF Infra technology would be utilized in the construction of double-bedroom houses, sewerage, second phase of T-Hub and among other areas.
The park will provide very sophisticated building manufacturing materials. The Park will provide 10,000 direct employment and many fold in indirect employment. It is expected that in the next few years, the park would attract Rs 5,000 to Rs 6,000 crore investments.
KEF which was founded in 1995 by setting up Al Ahamadi General Trading in Ajman has today the world’s largest automatic moulding line, steel refining furnace, machine shop and research and development lab, rated amongst the top 3 technologically advanced foundries in the world.