Gulf based NRI to invest Rs.800 crore in Kerala

INVESktmrrJeddah based Shifa Al Jazeera Medical Group, headed by a Keralite is planning to set up shopping malls in Kerala with an investment of Rs.800 crore.

The company Chairman and Managing Director K T Mohammed Rabeeh Rabiulla said his company will first start four shopping malls in Malappuram district and later one each in Ernakulam and Kozhikodi districts. His company is also planning to start hospital chains in Kerala.

Mr Rabiulla who won the Pravasi Bharatiya Award in 2013, said once his business expansion plans were complete in the Middle East he will start his projects in Kerala.