Trivandrum, 15 January 2012: The biggest shopping complex in Trivandrum will be set up by Kerala State Industrial Enterprises Limited (KSIE) at Thampanoor soon.
The mall will have eleven storeys and parking space of two lakh square feet which will accomodate 175 cars in the first two floors. The second and third floors will offer shopping space, fourth floor with dining and entertainment facilities, fifth to eleventh floor will be for premium office spaces. Separate entry will be given for both shopping space and office spaces.
The mall will come up in the 1.27 acre land at the SS Kovil Road, Thampanoor and is expected to be
completed within two years.
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| image: oberon mall , ernakulam |
Kerala State Industrial Enterprises Limited (KSIE) was set up in 1973 as a Holding Company of the Government of Kerala under the Industries Department. KSIE was formed to revive and nurse the sick units under the Industries Department. KSIE was appointed as the custodian of the Air Cargo Complex at Thiruvananthapuram Airport in 1979 by Govt. of India.It manages Kochi and Kozhikode Airports too. KSIE is successful in establishing, managing and efficiently operating the Three Sales Emporia located at Thiruvananthapuram, Kochi and Kozhikode. It markets the product Kerala Soaps, website keralaarcade.com etc also
KSIE is one of the State PSUs, running on profit and paying dividend to the Government consecutively for the last 10 years. During the financial year 2009-10, the Company has registered a net profit of 410.36 lakhs and paid a dividend of Rs.42 lakhs to the State Government.
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