HYDERABAD: The Container Corporation of India Limited (CONCOR), a Ministry of Railways undertaking, which has been waiting for land to set up its proposed `450 crore Multi Model Logistic Park at Kakinada Port, has got the AP government’s nod to acquire 89.35 acres belonging to Kakinada Port.
The AP government gave the land on lease for a period of 60 years to CONCOR.
The proposed MMLP by CONCOR is expected to provide direct employment to 120 people and indirect benefit to about 2,000.
AP government is expected to get revenue in the form of direct and indirect taxes, improvement in infrastructure and increase in exports and imports through this proposed MMLP.
The CONCOR would put up infrastructure like rail sidings for handling railway racks, create customs bonded warehouses, domestic warehouses, fully paved container stack yards, container and cargo handling equipment and a customer facilitation centre at the facility, according to a order issued by the AP government.
This apart, MMLP will have a rail-based inter-modal traffic-handling facility complex comprising container terminals, bulk and break-bulk cargo terminals, banking and office space and facilities for mechanised handling, inter-modal transfers, sorting and grading, cold chain and aggregation facilities to handle freight.
The CONCOR is planning to set up MMLP at Krishnapatnam, Kakinada and Machilipatnam.
According to officials of the AP Port Department, the basic objective of the MMLP is to enhance the presence of rail transport in the overall transport chain and attain increased freight traffic volumes and movement by rail through reduction in the logistics costs for the users.
“This would be achieved through minimisation of multiple handling, provision of various logistics related services close to a rail transport hub and better integration with logistics and supply chains,” a senior official of the department said.
In South Central region, CONCOR operates four inland container depots -- at Sanathnagar, Vizag, Guntur and Desur near Belgaum -- and a domestic container depot at Nagalapalli.