Multimodal logistics park projects to come under separate company
WAREHOUSING & LOGISTICS

Multimodal logistics park projects to come under separate company

The National Highways Authority of India (NHAI) will spin off a new company called Multi-Modal Logistics Parks (MMLPs) exclusively to develop multi-modal logistics parks at various locations under its Logistics Efficiency Enhancement Programme (LEEP). Currently, the NHAI develops such parks. A senior government official said that the independent entity will look after the multi-modal logistics parks and port connectivity projects under its supervision. The officials said that the new company will specifically look after the new projects and will build 1,100 kilometres of port roads and multi-modal logistic parks. NHAI is currently looking for a CEO for the new company.

An existing enterprise called Cochin Port Road Company Limited will now be called National Highways Logistics Management Company Limited. Additionally, this company will be the independent body looking over MMLPs projects. Further, the Minister for Road Transport and Highways Nitin Gadkari addressed the 'foundation stone laying ceremony' for India's first multi-modal logistics park last month, virtually, at Jogighopa in Bongaigaon district of Assam. Through video conferencing, he announced that Rs 280 crore worth of work now has been awarded already to the state, including Rs 23 crore for rail lines, Rs 87 crore for erecting the structure, and Rs 171 crore for road construction, and that the work would begin in November. Gadkari said he hoped the MMLP project would employ nearly 20 lakh youth in the state. Assam’s Chief Minister Sarbananda Sonowal directed the virtual event, and many others attended it.

The park worth Rs 693.97 crore is expected to provide direct connectivity to the people through road, air, rail and waterways. The MMLPs would be equipped with boarding lodging, warehouse, railway siding, water treatment plant, cold storage, yard facility, custom clearance house, workshops, petrol pumps, truck parking. These facilities open up employment opportunities for locals.

Although the prime focus of the MMLP project was the improvement of connectivity in the North-East States initially, Chennai, Surat, and Nagpur are those states where MMLPs are in the advanced stages today. Further, as per reports and official statements, an MMLP is to be built in Bengaluru as the state government of Karnataka has agreed to provide land for it.

Besides, because of the sheer magnitude of the scheme, it is divided into seven phases. The first phase is under construction now. Additionally, Gadkari has said that the first phase of MMLP construction, which is the development of 24,800 kilometres, is scheduled to be finished by 2023.

With the National Highways Logistics Management Company solely focusing on the smooth working of Bharatmala projects, the timely completion of the Multi-modal logistics parks is expected.

The National Highways Authority of India (NHAI) will spin off a new company called Multi-Modal Logistics Parks (MMLPs) exclusively to develop multi-modal logistics parks at various locations under its Logistics Efficiency Enhancement Programme (LEEP). Currently, the NHAI develops such parks. A senior government official said that the independent entity will look after the multi-modal logistics parks and port connectivity projects under its supervision. The officials said that the new company will specifically look after the new projects and will build 1,100 kilometres of port roads and multi-modal logistic parks. NHAI is currently looking for a CEO for the new company. An existing enterprise called Cochin Port Road Company Limited will now be called National Highways Logistics Management Company Limited. Additionally, this company will be the independent body looking over MMLPs projects. Further, the Minister for Road Transport and Highways Nitin Gadkari addressed the 'foundation stone laying ceremony' for India's first multi-modal logistics park last month, virtually, at Jogighopa in Bongaigaon district of Assam. Through video conferencing, he announced that Rs 280 crore worth of work now has been awarded already to the state, including Rs 23 crore for rail lines, Rs 87 crore for erecting the structure, and Rs 171 crore for road construction, and that the work would begin in November. Gadkari said he hoped the MMLP project would employ nearly 20 lakh youth in the state. Assam’s Chief Minister Sarbananda Sonowal directed the virtual event, and many others attended it. The park worth Rs 693.97 crore is expected to provide direct connectivity to the people through road, air, rail and waterways. The MMLPs would be equipped with boarding lodging, warehouse, railway siding, water treatment plant, cold storage, yard facility, custom clearance house, workshops, petrol pumps, truck parking. These facilities open up employment opportunities for locals. Although the prime focus of the MMLP project was the improvement of connectivity in the North-East States initially, Chennai, Surat, and Nagpur are those states where MMLPs are in the advanced stages today. Further, as per reports and official statements, an MMLP is to be built in Bengaluru as the state government of Karnataka has agreed to provide land for it. Besides, because of the sheer magnitude of the scheme, it is divided into seven phases. The first phase is under construction now. Additionally, Gadkari has said that the first phase of MMLP construction, which is the development of 24,800 kilometres, is scheduled to be finished by 2023. With the National Highways Logistics Management Company solely focusing on the smooth working of Bharatmala projects, the timely completion of the Multi-modal logistics parks is expected.

Next Story
Technology

HCL-Foxconn to invest Rs 37 billion in chip plant near Jewar airport

The Union Cabinet has approved the establishment of a new semiconductor unit near Jewar airport in Uttar Pradesh under the India Semiconductor Mission. This sixth plant, a joint venture between HCL and Foxconn, marks further progress in India’s semiconductor journey. The project will see an investment of Rs 37 billion.The facility will produce display driver chips for mobile phones, laptops, automobiles, PCs, and other digital devices. It is designed for a monthly capacity of 20,000 wafers and an output of 36 million units.Five semiconductor units are already in advanced stages of constructi..

Next Story
Real Estate

Brigade acquires Velachery land for Rs 16-billion project

Brigade Enterprises has acquired a 5.41-acre land parcel on Velachery Road, Chennai, through an outright purchase for Rs 4.417 billion. Located next to Phoenix Market City, the site will be developed into a premium residential project with a gross development value of approximately Rs 16 billion and a development potential of 0.8 million square feet.The project offers strategic access to both the OMR IT Corridor and Chennai’s Central Business District, promising strong connectivity and premium lifestyle offerings. Brigade plans to create signature residences focused on aesthetics, functional..

Next Story
Equipment

Liebherr marks 10,000th XPower wheel loader milestone

Liebherr-Werk Bischofshofen has rolled out its 10,000th XPower wheel loader, marking a major production milestone. The anniversary L 580 XPower model, featuring a power-split travel drive developed with ZF Friedrichshafen AG, was handed over to the BERGER Group in Passau.“The transmission from our partner ZF is a key component of the drivetrain in our XPower wheel loaders,” said Gerhard Pirnbacher, Head of Quality Management at Liebherr. “With an impressive total of around 64 million operating hours already clocked up by XPower models, this transmission has proven its exceptional robustn..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?