Thiruvananthapuram, Nov. 5 -- Kerala's journey to become a global innovation hub took a major leap forward with the signing of a Letter of Intent (LoI) for the Meridian Tech Park, a new vertical innovation complex in Technopark Phase III.

Chief Minister Pinarayi Vijayan announced the development on X, saying the project, powered by Al Marzooqi Holdings FZC, marks a significant Rs 850 crore FDI investment in the state's IT sector.

"Kerala's journey to become a global innovation hub takes a bold leap forward. A Letter of Intent was signed today for Meridian Tech Park, powered by Al Marzooqi Holdings FZC, marking an Rs 850 crore FDI investment in Technopark Phase III," the Chief Minister said on X.

"Designed for sustainability and collabo...