Invitation to Tender - for Reststop, Way side Amenities centre, Thalapady, Kasargod                                   Announcement of Reststop - By Hon'ble Chief Minister Shri Pinarayi Vijayan at Thalappadi, Kasaragod                                   First RestStop Centre coming up at Kasaragod                                   Government issued GO and development started at Thalappadi.                                   OKIH signs agreement with KIIFB.                                   Wayside amenities with state-of-the-art facilities for motorists.                                   First initiative of OKIH to launch soon.                                   Chief Minister launched the website of 'RestStop'.                                   

An Investment Opportunity

Introduction

Overseas Keralites Investment and Holding Ltd (“OKIH”) is a 100% Government entity with Hon’ble Chief Minister of Kerala as its Chairman and formed as per the recommendation of the Loka Kerala Sabha. Our vision is 'Global thought for local growth' by enabling every investor, primarily NRI, to contribute for our states growth by bringing best partners with cutting edge technologies. This will also open for them investment avenues with reasonable and assured returns and thereby create wealth for hardworking NRIs and others.

OKIH will focus on viable projects in strategically important verticals that can create value, impact and positive change for communities and will manage them through transparent and accountable system where governance is paramount.

The first initiative of OKIH, RestStop embodies its objectives to provide for both sides of Kerala’s- the society and investors.

Proposal

As we are aiming to make first RestStop at Thalappadi, Kasaragod District operational within next few months, we would like to invite you to benefit from this concept as a franchisee. Investors who have or can acquire suitable plots along any highway / important road in Kerala with adequate traffic can benefit from the expansion of RestStop network by developing, operating one node. Franchisee will benefit from the following, all for a nominal fee based on turnover and gross income of each center.

  • Centralised promotion activities and other support from OKIH and Government to make each center successful.
  • Existing esteemed business partners operating different units in RestStop can be roped into your center too.
  • License to use the brands of OKIH.
  • Obtaining fuel station for your center.
  • Unified design and style, that will attract frequent travellers.
  • Centralised procurement support, benefiting from economy of scale.
  • Selected agencies to support design and construction of the center on negotiated special rate.
  • Training for your staff and standard operation process and guidance from OKIH. Trained key management team members from central pool.
  • Guidance on regulatory aspects including accounting and other allied requirements.
  • Preparation of DPR and seeking support from a panel of selected financial institutions.
  • Single window clearance or fast track regulatory approvals aligned with to be launched Sherpa portal and KSIDC, Local Bodies and other authorities.
Categories of RestStop

Based on local demand and plot availability, each investors can select one of the three categories of RestStop for you.

RestStop - Category Platinum Gold Silver
Plot Size (Acres) 4 to 5 2 to 4 1 to 2
Fuel Station Plot (Sq. Feet) 43,500 30,000 20,000
Projected Fuel Sales / Month (Kilo Litre) 400 - 500 200 - 300 100 - 150
Retail Area (Sq.Ft) 50,000 20,000 10,000
Projected Foot Fall/Year (Lakhs) 7.5 5 3
Projected Investment (₹ Crores) Excluding Land Cost 30 20 15
Potential Borrowing from Financial Institutions 70% 70% 60%
Potential RoI 12-14% 12-14% 10-12%
Maximum Number of Centers planned in Kerala 30 350 100
Next Step

Potential Investors may fill an online form available in www.okih.org to express their initial interest.

If you have a suitable plot or identified one with adequate road frontage, OKIH will make an initial study through different agencies to confirm suitability, for a nominal fee and then can hand hold and take your interest forward to a great success story.

RestStop Pvt. Ltd. A Government of Kerala Enterprise, CIN: U93000KL2020PTC062474, 6th Floor, Norka Center, Thycaud, Thiruvananthapuram
Phone: 0471 2770500, Email: info.okih@kerala.gov.in