Kerala Infrastructure investment Fund Board (KIIFB) is a Special Purpose Vehicle (SPV) created under the Finance Department, Government of Kerala to mobilize financial resources for investment in major infrastructure projects in the State with minimum project size over Rs.100 crore. Both social and physical infrastructure projects are included with a view to setting a parallel pace of rapid social and economic development in Kerala. KIIFB intends to harness its resources through multiple investment avenues which include modern investment structures such as Infrastructure Investment Trust (InVIT), Infrastructure Debt Fund (IDF), Alternate Investment Fund (AIF); financial instruments such as General Obligation Bonds, Land Bonds, Infra Bonds, etc.; grants, annuities and other guaranteed payments from Government; returns from investments, loans from domestic/bilateral/multilateral financial institutions, etc.
Opportunity for direct investment in infrastructure will be abundant through the various projects envisaged, viz. Agro Parks, Industrial Parks, Information Technology Parks, Cultural Complexes, Sports Facilities, Film City, Film Festival Complex, Major Roads, Bridges, High Speed Rail Corridor, Ports, Airport, etc.
With the wide range of investment and employment opportunity envisaged KIIFB will spearhead an unprecedented fast-paced all-round development in the State. The KIIF Board is chaired by the Hon Chief Minister of the State. The Hon Minister for Finance is the Vice-Chairperson, The Chief Secretary to Government of Kerala, The Secretary (Law), The Secretary (Finance), the Secretary (Finance-Resources) are also Members of the Board. In addition to the above, seven independent Members who are experts, who have worked in an institution of national repute in one or more of the areas of Finance, Banking, Economics are Members of the Board. The Chief Executive Officer, KIIFB is the Member Secretary of the Board.
The Revised Budget Speech of the State Government for the Financial Year 2016-17 has suggested an overall investment target of Rs.1,00,000 crore for the next five years to tide over the investment gap. KIIF Board has already initiated the investment process by approving the first tranche of 48 projects worth over Rs.4022 crore. These projects are ready for implementation and off-take of funds is expected shortly. The second tranche of projects worth over Rs.8040 crore have also been recently approved by the Board for funding. Among the various fund mobilisation options, the Board has proposed to issue General Obligation Bonds to meet the imminent requirement of funds.


Project Assistant :: PAD06 :: Final Rank list Published. | Extended List. | Eligible List. | Read Instructions.
Written Test conducted on 20.08.2017 | Answer Key.
Section Post Name and Code No. of Posts
Project Appraisal Division Executive Director :: PAD01 1
Chief General Manager :: PAD02 1
General Manager (Appraisal):: PAD03 1
Project Manager :: PAD04 1
Assistant Project Manager :: PAD05 1
Project Assistant :: PAD06 6
Inspection Authority Chief Project Examiner :: IA01 1
Executive Engineer :: IA02 2
Assistant Engineer :: IA03 2