GOVERNMENT proposes new logistics park in Kochi

A new logistics centre is proposed in Kochi. To be completed by June this year, the project was discussed by Industry Minister P Rajeeve in Thiruvananthapuram with a private group. The meeting was held as part of the ‘Meet the Investor’ initiative to promote new ventures in the state. The decision to accelerate the process of setting up the park, for which property has been acquired, the minister said, while emphasising that the group will disclose the exact location of the project. The upcoming park will be completed in the second phase of the project, he said. To be completed in a six-month time frame, the park will be looking at the possibility of a single-window clearing system, provide employment to 2,000 people, and attract an investment of `500 crore.