Tenders Floated For Logistics Park In Thoothukudi
WAREHOUSING & LOGISTICS

Tenders Floated For Logistics Park In Thoothukudi

Tamil Nadu is accelerating its push to emerge as a logistics gateway on the south coast with the State Industries Promotion Corporation of Tamil Nadu (Sipcot) inviting bids to appoint a consultant for a multimodal logistics park in Thoothukudi. The park will be developed on 173 acres under a public-private partnership model with a 60-year concession period aimed at attracting long-term private investment in logistics and warehousing. Sipcot has earmarked the land and will provide basic infrastructure up to the project boundary.

The basic infrastructure package will include roads, water supply, stormwater drainage, power and street lighting and is intended to lower initial capital expenditure for the concessionaire. The facility is expected to function as a regional freight aggregation hub by leveraging Thoothukudi's road and rail connectivity to enable seamless multimodal cargo movement. The master plan envisages a comprehensive logistics ecosystem comprising domestic and bonded warehousing, container and cargo yards, truck terminals and parking bays, railway siding and freight terminals, cold storage facilities, utility zones and driver amenities.

The selected bidder, either a single entity or a consortium, will form a special purpose vehicle (SPV) and enter into a long-term concession agreement with Sipcot and will be responsible for end-to-end development including design, engineering, financing, construction, operations and maintenance. The initiative forms part of a broader strategy to position Thoothukudi as a key logistics hub after Chennai and Coimbatore, anchored around the planned expansion of VOC Port. Officials expect the proposed Rs 60 billion (bn) outer harbour project to strengthen the port's prospects as a transshipment hub.

The concession structure and long tenure are intended to attract long-horizon investors and to support ancillary services with limited commercial and plug-and-play spaces proposed in the layout. The tendering for a consultant marks the next step in the implementation pathway and will inform detailed design and procurement timelines. Stakeholders view the project as likely to boost regional logistics capacity and employment while improving freight efficiency along the south coast.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Tamil Nadu is accelerating its push to emerge as a logistics gateway on the south coast with the State Industries Promotion Corporation of Tamil Nadu (Sipcot) inviting bids to appoint a consultant for a multimodal logistics park in Thoothukudi. The park will be developed on 173 acres under a public-private partnership model with a 60-year concession period aimed at attracting long-term private investment in logistics and warehousing. Sipcot has earmarked the land and will provide basic infrastructure up to the project boundary. The basic infrastructure package will include roads, water supply, stormwater drainage, power and street lighting and is intended to lower initial capital expenditure for the concessionaire. The facility is expected to function as a regional freight aggregation hub by leveraging Thoothukudi's road and rail connectivity to enable seamless multimodal cargo movement. The master plan envisages a comprehensive logistics ecosystem comprising domestic and bonded warehousing, container and cargo yards, truck terminals and parking bays, railway siding and freight terminals, cold storage facilities, utility zones and driver amenities. The selected bidder, either a single entity or a consortium, will form a special purpose vehicle (SPV) and enter into a long-term concession agreement with Sipcot and will be responsible for end-to-end development including design, engineering, financing, construction, operations and maintenance. The initiative forms part of a broader strategy to position Thoothukudi as a key logistics hub after Chennai and Coimbatore, anchored around the planned expansion of VOC Port. Officials expect the proposed Rs 60 billion (bn) outer harbour project to strengthen the port's prospects as a transshipment hub. The concession structure and long tenure are intended to attract long-horizon investors and to support ancillary services with limited commercial and plug-and-play spaces proposed in the layout. The tendering for a consultant marks the next step in the implementation pathway and will inform detailed design and procurement timelines. Stakeholders view the project as likely to boost regional logistics capacity and employment while improving freight efficiency along the south coast.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement