Center invites tender for Multimodal Crore Logistic Park in Nagpur valued at 352.97 Crore

The center invites tender for the development of Multimodal Logistics Park (MMLP) in Nagpur in Maharashtra. The estimated cost is Rs. 352.97 crore.

As part of an effort to reduce the country’s high logistics costs, the MMLP is being developed through a public-private partnership based on design, build, finance, operate and transfer (DBFOT). The selected concessionaire will operate and maintain the logistics park for a period of 45 years, including two years for construction.

The MMLP Nagpur site will be located in Sindi Village of Wardha District, 4.1 km from NH-361 and 2.7 km from Samruddhi Mahamarg. Napur’s central location and its well-established road and rail links to India’s economic hubs provide a locational advantage for the location of industries, warehouses and associated port connectivity facilities.

The site is adjacent to the NH-353I, which connects to the NH-361 (Nagpur-Wardha Highway) to the north and the NH44 (Nagpur-Hyderabad Highway) to the south.

The total area of ​​land for the development of MMLP is approximately 150.39 acres. The park, which is expected to be developed in phases, will comprise the MMLP’s Phase 1 acreage at 76.34 acres, Phase 2 acreage at 36.31 acres and Phase 3 acreage at 37.76 acres.

The Ministry of Road Transport and Highways (MoRTH) has decided under the Bharatmala Pariyojana to develop 35 multimodal logistics services in some of the country’s busiest freight traffic regions to improve logistics efficiency across the country.

The ministry’s move to set up these MMLPs aims to reduce logistics costs from the current 14% to 8-9% of gross domestic product (GDP), thereby making India more competitive on the global stage.

In April 2023, at the 11th Biennial International Conference on Ports Shipping and Logistics in Mumbai, Nitin Gadkari, the Minister of Road Transport and Highways unveiled the ministry’s plan to set up 5-6 logistics parks in Maharashtra.

MMLP – an integrated facility where all activities related to logistics and distribution of goods can be carried out for both domestic and international transit across multiple modes of transport will help reduce the cost of transportation, India’s imports to China to reduce and create jobs. and to make Made in India products more affordable, benefiting both consumers and industry.

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