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Tamil Nadu, India Signs Memorandum of Understanding for Multimodal Logistics Park

The Tamil Nadu Government of India recently signed a Memorandum of Understanding (MoU) to develop a Multimodal Logistics Park (MMLP) in the village of Mappedu in the Tiruvallur district with an investment of 1,200 chlores. The project, which covers 158 acres, is the first in the state to create about 10,000 jobs, said MK Stalin, who signed the memorandum.

Stalin said MMLP will be established with public and private participation in collaboration with Tamil Nadu Investment Development Corporation, National Logistics Management Limited and Chennai Port Trust to significantly reduce freight transport costs.

Nitin Disappointment, Central Minister of Road Transport and Highways, Salvananda Sonoir, Central Minister of Ports, Shipping and Waterways, and VK Singh, State Minister of Road Transport and Highways, effectively participated in the event.

Tamil Nadu, India, recently signed a Memorandum of Understanding (MoU) to invest Rs 120 billion in the village of Mappedu in the Tiruvallur district to develop a multimodal logistics park. Covering 158 acres, it was the first such project in the state, with a memorandum-signed presence, Prime Minister MK Stalin, said it would create 10,000 jobs.

“It will be the first such park in Tamil Nadu and will be located in an important location close to Slipelumbudur, Pillaipakkam and Oragadam, where several industries are located,” Stalin said in a media report from the state. I was told.

Close to the Chennai Ring Road, Chennai Airport and Seaport, there are facilities such as a freight terminal connecting railroads and roads, and storage and machinery for handling freight.

The state prime minister said his government was in the process of developing state policy on freight transport.

Fiber2Fashion News Desk (DS)



Tamil Nadu, India Signs Memorandum of Understanding for Multimodal Logistics Park

Source link Tamil Nadu, India Signs Memorandum of Understanding for Multimodal Logistics Park

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