NHLML and IWAI sign MoU for Multi-Modal Logistics Park in Varanasi
The project aims to enhance trade efficiency and create investment and employment opportunities.;
National Highways Logistics Management Limited (NHLML) and Inland Waterways Authority of India (IWAI) signed a Memorandum of Understanding (MoU) today to develop a Multi-Modal Logistics Park (MMLP) in Varanasi, Uttar Pradesh.
According to the press release, the agreement was signed in the presence of Union Minister of Road Transport and Highways, Shri Nitin Gadkari, and Union Minister of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal.
The 150-acre logistics park will be connected to NH7 via a 650-metre access road and will integrate with the Eastern Dedicated Freight Corridor through a 5.1 km railway line from Jeonathpur Station. It will also connect to National Waterway-1 and is located 30 km from Lal Bahadur Shastri Airport.
The project aims to enhance trade efficiency, strengthen India's logistics sector, and create investment and employment opportunities. The initiative aligns with India's efforts to develop its logistics infrastructure and improve connectivity.