DUBAI: Lulu Group Chairman M A Yusuf Ali said the Kerala Investment Summit will be a good platform to present the potential and opportunities of Kerala to investors. We should be able to promote Kerala in a good way. There is no politics here. Opposition cooperating in this meet is a good decision. If they had opposed it, it will make investors suspicious, he added.
We think that our projects will not be implemented when the government changes. If everyone stands and works together for Kerala, the investors will gain more confidence, clarified Yusuf Ali. He informed that Lulu will set up two more IT parks in Kerala. The construction of a food processing plant is progressing. Lulu has invested in a good way in Kerala. The cooperation will continue, he said.
Meantime, KPCC President K Sudhakaran said Pinarayi government's investment meet is a belated wisdom. The Kerala Investment Summit was started by the A K Antony government in 2003. When the Oommen Chandy government organized the investment meet in 2012, the CPM boycotted it, observed a hartal and chased away the investors.
The fact that the CPM is organizing an investment summit after 13 years is the sweet revenge of time. Sudhakaran also said that he welcomes their decision. The CPM campaign in 2012 was that Kerala is being sold. Kochi, where the investment conference was held, became a sea of protests. Investors including Volkswagen fled for their lives. K Sudhakaran said 2500 delegates from 42 countries witnessed Kerala's infamous hartal and protest patterns.