Investment Summit: WGH begins work on five-star hotel in Nedumbassery
World Group announces investment of Rs 500 crore in next five years
Kochi / May 26, 2025
Kochi, May 26: Hospitality major WGH Hotels and Resorts has begun construction of a five-star hotel in the vicinity of Cochin international Airport at Nedumbassery, taking forward the massive investment proposals it made at the Invest Kerala Global Summit (IKGS 2025) held here in February.
The project comes as part of the announcement of World Group Heritage (WGH) at the IKGS to implement investment projects worth Rs 500 crore in the state's hospitality sector in the next five years, WGH Managing Director Shri J Jayakrishnan informed Industries Minister Shri P Rajeev on the latter’s visit to the site today.
The Minister said a recent surge in the big construction projects reflected the faith of global hospitality brands in Kerala’s industrial environment. As Kerala tops the country’s number of five-star hotels, the state ought to enjoy its results by also generating more skilled hands in the tourism sector, he noted after assessing the progress of work at WGH Hotels & Resorts’ opulent hospitality facility.
The Nedumbassery project is expected to attract an investment of Rs 250 crore, creating 1,050 jobs. The hotel, with an area of 1.75 lakh square feet, will have 120 rooms with state-of-the-art facilities, besides six food-and-beverage outlets and conference facilities.
WGH, which has been operating in the state’s hospitality sector since 2012, has announced new international standard projects with modern facilities in Kochi, besides Varkala, Thiruvananthapuram and Ashtamudi, along with resorts operating in coastal Alappuzha as well as hilly Munnar and Thekkady.
The Nedumbassery hotel complex will be inaugurated on January 1, 2028, Shri Jayakrishnan revealed, adding that Kerala's infrastructure development and progressive tourism policies are an “inspiration” for new investments.
The World Group, which started in the construction industry and has expanded into DRI, retail, logistics, consulting and agriculture, is headquartered in Odisha. It has invested over Rs 250 crore in Kerala’s hospitality sector over the last two years. The group’s next phase plans expect an invest of Rs 400 crore to set up resorts, besides an international standard hospitality college in Kochi and a chain of vegetarian hotels across the state. The resorts in Varkala and Ashtamudi will start operations from 2027.
