Bid document for logistics park soon

Bid document for logistics park soon

It is aimed at augmenting capacity in warehousing infrastructure

The bid document for a proposed logistics park, planned near Devanahalli, will be ready in about three months’ time.

The transaction / technical advisors have commenced their work, according to a State Infrastructure Development Department (IDD) official. An advisor appointed by the Infrastructure Development Corporation (Karnataka) Limited (iDeCK), the official said, is preparing the bid document.

The park will come under the jurisdiction of Bangalore International Airport Area Planning Authority.

To be located along or in close proximity to National Highway 7, it is aimed at augmenting capacity in warehousing infrastructure, including in container freight stations, container depots, cold storage facilities and tank farms.

Being taken up in three phases, it is expected to generate direct employment of around 3,200 in each phase. “We are yet to study and conclude the magnitude of the potential of indirect employment generation,” an official said.

In the first phase, it will be developed on a 50-acre land with a built-up area of 10,89,000 sq ft.

An additional 50 acre each in phases two and three, with overall development of 150 acres is proposed, the official said, adding that it, however, has to be firmed up vide detailed demand assessment as part of a detailed project report.

The product mix includes a multi-modal / integrated transport logistics centre (including a truck terminal and rail sidings), an inland container depot / domestic rail head, air cargo centre, bulk warehousing, retail and other warehousing among other common facilities.

Pre-feasibility study

With the pre-feasibility study complete, officials are awaiting iDeCK to finalise the bid document, which will be done after completion of SWOT (strength-weakness-opportunity-threat) analysis for location based on logistics, export and import characteristics, availability of labour and productivity advantages, supply chain assessment, storage procedures et al.

DH Newsletter Privacy Policy Get top news in your inbox daily
GET IT
Comments (+)