Last Date:18 Sep,2019
Kerala Infrastructure Investment Fund Board (KIIFB)
Kerala
Kerala Infrastructure Investment Fund Board (KIIFB) is inviting eligible candidates to apply online for 10 contractual posts of Assistant Project Manager and Project Engineer.Interested and Eligible Candidates may apply online by 18-09-2019 , after making sure that they meet the concerned eligibility criteria. All personal and educational details must be mentioned properly.
Employment Notification 10 Assistant Project Manager and Project Engineer Vacancy – KIIFB,Kerala
JOB DETAILS:
Name of the post – Assistant Project Manager and Project Engineer
No of post – 10
Pay Scale – Rs 80000,Rs 40000
Education Qualification:
Graduate in Civil Engineering and min 8 yrs experience.
Apply to 10 Assistant Project Manager and Project Engineer Vacancy – KIIFB,Kerala
General Instruction:
- Applications are invited On-line through Centre for Management Development (CMD) website www.cmdkerala.net from eligible candidates for filling up of the posts Assistant Project Manager & Project Engineer on contract basis in Kerala Infrastructure Investment Fund Board (KIIFB).
- The applicants are required to go through the detailed notification carefully and decide themselves about their eligibility for this recruitment before applying and enter the particulars completely Online.
- CMD is not responsible for any discrepancy in submitting the application through Online.
- Applicants must compulsorily fill-up all relevant fields of applications and submit application through Online.
- Incomplete/incorrect application form will be summarily rejected. CMD under any circumstances will not entertain the information, if any, furnished by the candidate subsequently. Applicants should be careful in filling-up the application form at the time of Submission. If any lapse is detected during the scrutiny, the candidature will be rejected even though he/she comes through the final stage of
recruitment process or even at a later stage. - The applicant should not furnish any false, tampered, fabricated information or supress any material information while filling up the application form. If the particulars furnished in the Online application form do no tally with the Original documents produced by the Candidates his/her candidature will be rejected.
- KIIFB/CMD reserves the right to fill or not fill the post advertised.
- Only Post-Qualification experience of applicants/candidates will be considered.
- Applicants should have a valid personal email ID and mobile no., which should be kept active till the completion of this Recruitment Process. CMD may send intimation to download call letters for Written test/Group discussion/Interview through the registered e-mail ID. In case a candidate does not have a valid personal e-mail ID, he/she should create his/her new e-mail ID and mobile no. before applying on-line and must maintain that email account and mobile number.
- The copy of the Appointment letters, Salary Certificates, pay slip etc. will not be accepted in lieu of work experience certificate.
About Us:
Vacancy Notice 10 Assistant Project Manager and Project Engineer Vacancy – KIIFB,Kerala
- Government of Kerala is poised for accelerated investment in Infrastructure for ensuring sustainable growth in the economy. To finance critical and large infrastructure projects the Government intends to mobilize funds both in the medium as well as long term. Government has approved a plan to issue General Obligation Bonds against unconditional Government guarantee and Revenue Bonds with structured payment mechanism for medium term requirement and has initiated steps to raise funds to meet long term requirements through Alternative Investment Funds (AIF), Infrastructure Investment Trust (InVIT), Infrastructure Debt Fund (IDF) and build the institutional framework needed for this. In this new scenario KIIFB has been restructured to act as the key Special Purpose Vehicle (SPV) for mobilising and channelling the funds to the various infrastructure SPVS. KIIFB through its well organised and professional approach will act as the key arm of Government to facilitate planned, hassle-free and sustained development of both physical and social infrastructure ensuring all round well being and prosperity in the State.
- Kerala Infrastructure Investment Fund Board (KIIFB) came into existence on 11.11.1999 under the Kerala Infrastructure Investment Fund Act 1999 (Act 4 of 2000) to manage the Kerala Infrastructure Investment Fund. The main intention of the Fund was to provide investment for critical and large infrastructure projects in the State of Kerala. Comprehensive modification of the Act and Scheme has been made through an amendment Ordinance in August 2016. With new strategy and structure, KIIFB aims to dynamically mobilise funds for the infrastructure development of Kerala. This also includes major land acquisition needs of the State. KIIFB have recourse to the advanced financial instruments approved by SEBI and RBI and is expecting an upspring of sustainable infrastructure development of the State.
- Kerala Infrastructure Investment Fund Board (KIIFB) came into existence on 11.11.1999 under the Kerala Infrastructure Investment Fund Act 1999 (Act 4 of 2000) to manage the Kerala Infrastructure Investment Fund. The main objective of the Fund was to provide investment for projects in the State of Kerala in the sectors of Irrigation, Roads, Power, Water Supply, Inland Navigation, Ports, Solid Waste Management and Drainage. The management of the Fund is detailed in the Scheme notified by Government in S.R.O No.920/99 published in the Extraordinary Gazette No.2073 dated 11.11.1999
- The Board has previously mobilized funds to the tune of Rs.1023.71 crore through three series of Redeemable and Non-Convertible Non-Statutory Lending Rate (Non SLR) bonds by private placement fully backed by State Government Guarantee.
- The fund deposited in the Government Treasury in accordance with the KIIF Act & Scheme and has been utilised by government for funding infrastructure projects through its Plan Schemes.
- Government of Kerala is now poised for accelerated investment in Infrastructure for ensuring sustainable growth in the economy. To finance critical and large infrastructure projects the Government intends to mobilize funds both in the medium as well as long term. It has approved a plan to issue General Obligation Bonds against unconditional Government guarantee and Revenue Bonds with structured payment mechanism for medium term requirement and has initiated steps to raise funds to meet long term requirements through Alternative Investment Funds (AIF), Infrastructure Investment Trust (InVIT), Infrastructure Debt Fund (IDF) and build the institutional framework needed for this. In this new scenario KIIFB has been restructured to act as the key Special Purpose Vehicle (SPV) for mobilising and channelling the funds to the various infrastructure SPVS. With the restructured and rejuvenated KIIFB the future looks bright for the development of key infrastructure in Kerala.
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