KIIFB cracks six lanes flyover project

flyover project
The Kerala Infrastructure Investment Fund Board (KIIFB) recently cleared funds to the tune of Rs.86.34 crore for construction of a six-lane flyover at Vyttila area of the state. In this connection, the government will file an affidavit with the state High Court against a petition explaining the details of the project, including the time frame for sanctioning of the funds. The state had informed the court that the government had declared in the Budget, henceforth, the construction of all flyovers will be taken up under the new mechanism - KIIFB. The National Highways Authority of India (NHAI) had earlier submitted that it will have no issues in constructing new flyovers provided it was allowed to recover the cost by collecting toll from the users. The petitioner had sought directive from NHAI to start and complete the construction of the flyover as per its original proposal.
📅 Published on: 27 July 2017
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