Lulu Group launches Rs.13,000 cr construction projects
UAE-based Lulu Group International has announced the launch of its Rs.1,800-crore Lulu Bolgatty International Convention Centre and Grand Hyatt in Kochi where both these projects are part of the group's Rs.13,000 crore expansion plan in India in the retail, hospitality, and food processing sectors, said Chairman and Managing Director of Lulu Group, MA Yusuff Ali. The proposed projects include shopping mall in Lucknow, hotel, convention centre and mall in Vishakapattanam, shopping mall in Hyderabad and food processing centres in Telangana. As a matter of fact, the project is its dream project in Kerala and the company is sure that it will go a long way in making Kochi and Kerala the tourist and MICE hub of India. With the increase in conferences and summits in Kerala, the tourism and related sectors will see tremendous growth in both revenues and economic activities which will aid in all-round growth of Kerala. Lulu Group‘s other projects in Kerala that are under construction are a shopping mall in Thiruvananthapuram, cyber tower at Infopark in Kochi, which can accommodate 10,000 people, and the expansion of its convention centre at Thrissur where 10 lakh sq ft convention centre is the largest of its kind in the country as it will house three helipads and parking capacity for more than 1,500 cars. Grand Hyatt will feature an array of suites, rooms, luxury villas and spread across on 26 acres of landscaped space on the Bolgatty Island, he added.
📅Published on:
05 May 2018
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