SupremeIndian Posted May 10, 2014 Report Posted May 10, 2014 Concor unveils logistics park VISAKHAPATNAM: The Container Corporation of India Limited (Concor) inaugurated the first phase of its largest multi-modal logistics park (MMLP), which is coming up at a cost of Rs 372 crore, at Viman Nagar opposite the Vizag Airport on Friday. While the entire project will be spread across 100 acres, the first phase inaugurated for now will cover an area of 10 acres that will cater to exports, imports, warehousing, public bonded warehouse and reefer cargo handling facility among others. Concor sources said that the facility is important and a critical infrastructure project for catering to exports and imports.A Concor official said that exporters, importers, custom house agents, freight forwarders, EXIM cargo consolidators and transporters will be the major beneficiaries of the MMLP. The official also said that once the entire 100-acre project is completed, the facility will be able to handle 4 lakh TEU's (Twenty Equivalent Units) of cargo."The existing facility in the Old Town Area is being shifted to Viman Nagar in order to avoid congestion and render better services to trade. The entire facility will be operational by 2016 March," he said.Officials also pointed out that multiple railway sidings are being built by the railways in order to handle an increase in cargo volumes. Furthermore, the facility will offer logistical solutions to trade for neighbouring states such as Chhattisgarh and Odisha apart from Andhra Pradesh. http://timesofindia.indiatimes.com/City/Visakhapatnam/Concor-unveils-logistics-park/articleshow/34894798.cms
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BillMarkSteve Posted May 11, 2014 Report Posted May 11, 2014 I wish vizag will not be the capital of SA, as we live there In peace we don't want to loose it. right...
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