Kochi will get a new logistics park in six months, according to the minister
Industry minister P Rajeeve met with a private group in Thiruvananthapuram to discuss the proposed project. The meeting was held as part of the Meet the investor initiative, a series of meetings between the industry minister and investors to promote new ventures in the state.
KOCHI (Kochi): By June this year, the city will have a new logistics center.On Tuesday, industry minister P Rajeeve met with a private group in Thiruvananthapuram to discuss the proposed project.The meeting was held as part of the Meet the investor initiative, a series of meetings between the industry minister and investors to promote new ventures in the state.The course was introduced last year.
Minister reported that a decision to accelerate the process of establishing the park for which a private corporation has already acquired the property has been made.Since the project is in the initial stages of construction, the group will disclose the exact location.According to the minister, the park's area will be extended further in the second phase of the project.To continue with the initiative, we have received all administrative assistance from the state government.
According to him, the government would also look at the possibility of single window clearing for the project.According to the minister, the park will be completed in a six-month time frame, which is expected to attract an investment of Rs 500 crore in the initial phase.The park's alliance with several well-known brands would have a huge effect on the industry and economy.The park is projected to feature more companies.
According to the minister, the scheme would provide employment to at least 2,000 people.