Thiruvananthapuram, Oct 27 (PTI) State Finance Minister K N Balagopal on Monday said that 1,190 projects worth Rs 90,562 crore have been approved under the KIIFB since 2016-17.

He was speaking at a press conference here to announce the 25th anniversary celebrations of Kerala Infrastructure Investment Fund Board, which will be held on November 4.

Although KIIFB was established on November 11, 1999, it became fully functional only after the amendment made in 2016, the minister said.

He recalled that the 2016-17 Budget had announced a comprehensive infrastructure development initiative worth Rs 50,000 crore through KIIFB.

"However, KIIFB has gone far beyond that and has played a crucial role in developing the state's basic infrastructure. It has completed several construction works, inclu

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