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Sri City launches logistics and warehousing park |
By e4p Correspondent, Thursday, July 30, 2009, 11:33 Hrs [IST] |  |
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Category: SEZ / Industrial Parks | Tags: sri city logistics park, sri city warehousing park, domestic industrial zone, free trade warehousing | Share:  |
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Sri City has launched a logistics and warehousing park to spread over 500 acre in Andhra Pradesh at an initial investment of Rs 50 crore.
Sri City is likely to form an exclusive zone in the 5,800 acre Sri City SEZ with an adjacent Domestic Industrial Zone. An area of 250 acre is allocated in the SEZ for the development of a Free Trade Warehousing Zone and another 250 acre in the domestic industrial zone to meet the requirements of the growing Indian market.
A S Cargo has inked an agreement with Sri City as a co-developer to build the warehousing facilities in over 50 acre with an investment of Rs 100 crore. The Sri City Logistics & Warehousing Park will be equipped with the state-of-the-art trans-shipment facility and 3PL services.
Source : ProjectsToday
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