The first multi-modal logistics park will be constructed in the West Bengal’s Kolkata Port area. The port is offering around sixty acres of its area to the city. The location of MMLP will be attractive than all other MMLP’s in a country because it is only 2km away from the dock and it is the first MMLP to be built near any port.
“We have invited an e-tender-cum-e-auction for the allotment of the vacant land at Transport Depot Road, Hide Road Extension, and Sonapur Road, on a long-term lease of 30 years for setting up the MMLP. The base annual rent is Rs 21 crore. We have also kept a minimum guaranteed volume of cargo of one million tonne as part of the terms,” SMP deputy chairman Samrat Rahi told PTI.
The location of the port is strategically designed it will be very close to highways and is also very well-connected to neighbouring countries like Bangladesh, Nepal, Bhutan and Northeast India.
Asked why the port is lending out land for the MMLP, Rahi said logistics infrastructure is a key component of reducing costs in foreign trade. “This will help to attract more port users and benefit the Kolkata port,” he added.
“Investment will also depend on the nature of use that a leaseholder will make of the MMLP. The port is not putting any binding on the bidders,” Rahi said.
