MoRTH to develop 35 multimodal logistics park projects under PPP
July 23, 2021: Cabinet committee on economic affairs (CCEA) mandated the ministry of road transport & highways (MoRTH) to develop 35 multimodal logistics parks (MMLP) across the country.
July 23, 2021: Cabinet committee on economic affairs (CCEA) mandated the ministry of road transport & highways (MoRTH) to develop 35 multimodal logistics parks (MMLP) across the country.
35 MMLPs being implemented by MoRTH are to be developed under public-private partnership (PPP) on design, build, finance, operate and transfer (DBFOT) model.
CCEA in October 2017 had approved Phase-I of Bharatmala covering 24,800 km of roads under Bharatmala Pariyojana in addition to 10,000 km of residual NHDP, at a financial outlay of ₹5,35,000 crore.
“The bidding documents (model concession agreement and request for proposal) for these 35 MMLPs is under finalization. Based on the outcome of DPR/feasibility studies and approved bidding document, the tender will be invited from companies,” reads the MoRTH release.
The information was given by union minister for road transport and highways, Nitin Gadkari in a written reply in the Lok Sabha.