MoU signed to develop CFS, ICDS, MMLPs in Bangladesh

Pristine Logistics & Infraprojects (PLIL) has signed a memorandum of understanding with Summit Alliance Port (SAPL), to expand its operations in Bangladesh and develop rail-linked Inland Container Depots (ICDs), Container Freight Stations (CFSs), and Multi Modal Logistics Parks (MMLPs) at strategically vital locations in Bangladesh. The key focus of this alliance is to establish joint venture companies that will be responsible for handling a significant portion of Bangladesh’s containerised cargo, plays a pivotal role in the country’s trade.