Established on November 11, 1999, Kerala Infrastructure Investment Fund Board (KIIFB) serves as the principal funding arm of the Government of Kerala, created under the Kerala Infrastructure Investment Fund Act 1999 (Act 4 of 2000). KIIFB focuses on channeling funds for critical public infrastructure projects across Kerala, having approved funding for projects totaling INR 60,102 crores. These projects span essential sectors such as healthcare, education, transportation, water supply, and power supply.