The Road Infrastructure Company Kerala Ltd. (RICK Ltd.) is a Special Purpose Vehicle formed by Government of Kerala to implement State Road Improvement Project (SRIP), with the objective to develop an excellent State of the art road network by improving the existing State Highways (SH) and important Major District Roads (MDRs) the state. In this project it is proposed to improve 1100 Kms of State Highways and Major District Roads to IRC Standards. 469 Kms of roads are proposed under Rehabilitation Package without Land Acquisition and 621 Kms of roads are proposed under Upgradation Package with marginal Land Acquisition.

Accordingly, a special purpose vehicle namely Road Infrastructure Company Kerala Limited has been incorporated on 19th March 2012 with a paid up capital of Rs.5,00,000/- with contribution by State Government (51%) and the Kerala Road Fund Board (49%) with appropriate provision in the State Budget.