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Concor inaugurates Phase-I of logistics park

Monday, 12 May 2014
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On 10 May 2014, Container Corporation of India (Concor) , inaugurated Phase-I of its multi-modal logistics park at Viman Nagar, in Visakhapatnam, Andhra Pradesh.


Phase-I of the project is spread over 10 acre and will cater to exports, imports, warehousing, public bonded warehouse, and reefer cargo handling facility among others.


The entire project, spread over 100 acre, is estimated to cost Rs 372 crore. It is expected to be completed by 2016. Once commissioned, the facility will be able to handle four lakh TEUs (Twenty Equivalent Units) of cargo. It will offer logistical solutions to trade for neighbouring states such as Chhattisgarh and Orissa apart from Andhra Pradesh.

 

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