Apeejay to set up logistics parks

Apeejay Infralogistics, a joint venture between Apeejay Surrendra Group and Eredene Capital, UK, hopes to commission the first phase of its two integrated logistics parks at Haldia (West Bengal) and Kalinganagar (Orissa) towards the end of this year, the Hindu Business Line reported.

"We have just received the Commerce Ministry's approval for setting up an inland container depot (ICD) at Kalinganagar while the same for Haldia was received earlier," said Sourav Daspatnaik, director, Apeejay Surrendra Group.

The Haldia integrated logistics park, with an estimated cost of US$43 million, will be 90 acres, while the one at Kalinganagar, costing $13 million, will be around 30 acres.
(Source:www.cargonewsasia.com)