GUJARAT GOVT AND APSEZ SIGN MOU FOR AIR CARGO COMPLEX AND MMLP

Gujarat government has inked an agreement with Adani Ports and Special Economic Zone (APSEZ) to explore possibilities of development of a dedicated air cargo complex and multi-modal logistics park in the state at Virochan Nagar near Sanand, Gujarat, Adani Ports and SEZ said in a regulatory filing. APSEZ informs that the aforesaid evaluation is subject to various regulatory and legal permissions/ approvals and clearances including land acquisition. “We will announce any such development as and when any concrete decision is reached in such matters after evaluation,” the filing noted. According to the state government, the project will be completed in a phased manner in three years as the work will commence within six months after obtaining required clearances and permissions.