The full form of KIIFB is Kerala Infrastructure Investment Fund Board. It’s used on Governmental ,Departments & Agencies in India

Kerala Infrastructure Investment Fund Board (KIIFB) was formed 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 is to provide investment for critical and large infrastructure projects in the State of Kerala in sectors like Transport, Water Sanitation, Energy, Social & Commercial Infrastructure, Information Technology (IT) and Telecommunication etc.

Infrastructure is the backbone of development in any sector. It decides the status of each nation on the economic map and the quality of life its people has vis-à-vis other nations in the world. While the infrastructure needs have kept on emerging and evolving with the times, Government of Kerala has addressed it effectively through sound policies and initiatives.

In this perspective, the following decisions taken by the State Government have been crucial:

1. To review the infrastructure requirements of vital sectors and identifying the critical gaps.

2. To constitute A Body Corporate titled KIIFB under KIIF Act.

3. To join hands with State/Central Public Sector Agencies to have them onboard as Special Purpose Vehicles to support the Administrative Departments in developing infrastructure.

Accordingly, Kerala Infrastructure Investment Fund Board (KIIFB) was established as the principal funding arm of Government of Kerala on 11.11.1999 by the Kerala Infrastructure Investment Fund Act 1999 (Act 4 of 2000). The objective of KIIFB is to channelize fund for critical and large public infrastructure projects in Kerala. Comprehensive modifications to the Act have been enacted through Kerala Infrastructure Investment (Amendment) Act, 2016. With the expanded scope and structure provided under the amended Act, KIIFB is now mobilising and channelling funds for facilitating planned, hassle-free and sustainable development of both physical and social infrastructure including major land acquisition needs that are integral to development ensuring all round wellbeing and prosperity , using financial instruments approved by Stock Exchange Bureau of India (SEBI) and Reserve Bank of India (RBI).

The sharp spike in pace, coverage, competency and quality witnessed by the public infrastructure development ecosystem in the state within a short while with the interventions of restructured KIIFB would remain as the all-time testimony for the highest degrees of commitment being showcased by it in harnessing innovative technologies and widely recognized standards of quality control in infrastructure project management. This fact is always recognized by national and international financial institutions and external rating agencies. With the strong and stable backup of all the above, so far, KIIFB has approved funding for projects worth INR 60, 102 Crores, covering all vital sectors like Healthcare, Education, Transportation, Water supply and Power supply.

KIIFB was constituted by Government as a Body Corporate having perpetual succession consisting of the following members.