MPIDC inked agreement with G R Logistics Park Ltd for Multi Modal ... - India Shipping News

A Special Purpose Vehicle (SPV) formed to develop the Multi Modal Logistics Park (MMLP) in Dhar district, India, has signed an agreement with developer G R Logistics Park to complete the park's first phase by 2025. The park will be developed in three phases using a PPP (DBFOT) mode on a 255.17-acre site, and aims to improve logistics efficiency and connectivity, as well as creating employment opportunities. The SPV is formed of the National Highways Logistics Management, Rail Vikas Nigam Limited and the Madhya Pradesh Industrial Development Corporation.

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