UAE's Alfa to invest 200 cr in Kerala

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Kannur, Aug 14: Alfa One, an UAE-based company, will invest Rs 200 crore this year in the construction sector in Kannur and Mahe. Company CMD P K Luthufudhin told that they would construct 140 apartments in Kannur with all modern facilities and also offer houses in the range of Rs 10 to Rs 15 lakh for middle income group.

During the 16th anniversary, the company would give scholarship to ten poor students of professional colleges and marriage assistance to five poor girls from Kannur.

UNI

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