CONCOR to invest Rs 30 crore in Multimodal Logistics park at Goa

June 20, 2016: In a bid to provide an impetus the country’s logistics sector, the Konkan Railway Corporation (KRCL) and Container Corporation of India (CONCOR) will enter into a memorandum of understandings (MoU) to set up a multi modal logistics park (MMLP) at Balli railway station in south Goa.

CONCOR will invest Rs. 30 crore while KRCL will make available vacant land at Balli for the project for nominal fees, on a revenue sharing basis.

Minister for Railways Suresh Prabhu declared this after laying a foundation stone for the MMLP project at Balli. The Minister also inaugurated Coach Intermediate Overhauling Depot at Madgaon, Sawantwadi Terminal (PHASE-I), and commissioned a Hand Held Ticketing Device(HHTD) for issuing platform tickets and ticket checking receipts, as well as upgraded a mango pack house at Jamsande, Devgad, all through remote control in a function held at Madgaon in south Goa on Sunday.

The MMLP facility will be initially spread over 94,000 square meters with a scope for expansion as the traffic may grow in future. This logistics park will be able to handle both domestic and export-import container traffic. In addition to container traffic, commodities transported by both open and covered wagons can also be handled from here.