Cargo Breaking News
The Greater Noida Industrial Development Authority (GNIDA) has reportedly invited bids to develop 174-acre multimodal logistics park with proposals submitted by Adani Ports and SEZ, Super Handlers and Empezar Logistics. A high-powered committee, led by the Chief Secretary, will evaluate the bids, said reports. The selected developer will receive a 90-year lease for the 174.12 acres at Kappa 2, with the minimum investment requirement excluding land cost, the reports added. The project which aims to transform freight movement in the region is expected to attract over Rs 1,200 crore in investment and create at least 5,000 jobs.
