Kerala: World Bank Pledges Substantial Investment In Basic Infrastructure Sectors In The State

Kerala Chief Minister Pinarayi Vijayan received a reassuring update from World Bank officials on Tuesday (13 June). During their meeting, the officials confirmed their readiness to invest in the state's basic infrastructure sectors.

This news highlights the growing efforts to build and develop the region's structural foundations for the future.

The World Bank's Managing Director (operations), Anna Bjerde, delivered the assurance to Vijayan personally during their meeting in Washington DC. The statement provided by Vijayan's office confirmed the positive interaction and the continued support by the international financial institution.

As part of their discussion, the World Bank and Chief Minister Vijayan addressed the progress of various projects in the state. The statement revealed that the Rebuild Kerala initiative, which is being carried out in collaboration with the World Bank, took centre stage.

Participants discussed ongoing efforts to increase resilience and improve livelihoods, among other topics.

Prior to the meeting, the World Bank had sent a team to Kerala to review the various development and policy programmes being implemented through the Rebuild Kerala initiative. As part of this process, the team also held discussions with Chief Minister Vijayan to better understand the current environment and pressing needs.

The recent meeting that took place in Washington DC was a continuation of a previous meeting. The other notable participants in the meeting included Kerala's Chief Minister, Finance Minister, Chief Secretary, and Planning Board Vice Chairman.