NHAI to Invite private companies to build logistics parks

NHAI to Invite private companies to build logistics parks
By , ET Bureau
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Synopsis

The government had given approvals for around 35 multi-modal logistics parks as part of Bharatmala, its flagship highways development programme.

After several inter-ministerial meetings, it has been decided that the onus of development of such logistics parks should be on the NHAI, with the Ministry of Road Transport and Highways coordinating the plan with other ministries, the official said.
New Delhi: The National Highways Authority of India (NHAI) is set to invite private players to build multi-modal logistics parks (MMLPs), with the earliest bids likely to be awarded in the April-June quarter next year, a senior official said.

The government had given approvals for around 35 multi-modal logistics parks as part of Bharatmala, its flagship highways development programme.

The planning work on two such parks, one in Chennai and the other in Nagpur, is underway, the official told ET.

After several inter-ministerial meetings, it has been decided that the onus of development of such logistics parks should be on the NHAI, with the Ministry of Road Transport and Highways coordinating the plan with other ministries, the official said.

“Logistics was earlier conflicted, as to which department will spearhead the development,” the official said.

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