The Tamil Nadu Government is likely to allot 125 acre near Sriperumbudur to the Chennai Port Trust (ChPT) for setting up a dry port and multi modal logistics hub.

The state government is likely to provide the land at Mapeddu on lease for 99 years to the ChPT, which plans to develop the hub near the Sriperumbudur SEZ.

The proposed hub is expected to be developed on BOT basis at an estimated cost of Rs 100 crore. The private operator is to build and operate the facility for a 30-year license period.

The hub is to have an inland container depot/offdock container freight station, container yard, rail and road connectivity to national rail and road network, trade centre, warehouses for containerised cargoes such as leather garments, textiles, automotive components and electronic hardware.

The Union Ministry of Shipping has given in-principle approval and the ChPT is likely to issue a tender soon.

This apart, the implementation process for the two road connectivity projects - Chennai-Ennore Road Connectivity Project (Rs 600 crore) and the Elevated Four Lane Corridor to Maduravoyal (Rs 1,655 crore) is likely to be put on fast track.

Also See:

ChPT to build barge jetty under PPP model (29-August-09)

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