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Multi-modal Logistic Park

 


Why in News?

Union Minister for Road Transport and Highways to virtually lay the foundation stone for the first-ever multi-modal logistic park in Assam.

Points to Remember:- 

  • The Rs 693.97 crore park will provide direct connectivity to air, road, rail and waterways to the people.
  • It will be developed under the ambitious Bharatmala Pariyojana of the Government of India.
  • The park will be located in Jogighopa in Bongaigaon District, Assam.
  • The park aims to reduce logistics costs and improve the efficiency of transport of goods and commodities.
  • The Centre had proposed to develop a Multi-Modal Logistics Park at Jogighopa in Assam to promote international trade with neighboring countries.
  • Under ‘Bharatmala Pariyojana’, more than 3000 km of economic corridors are to be developed in the North East alone covering major cities in the North East.
    • Additionally, various feeder routes, inter-corridor routes, national corridors, ring-roads, bypasses, border roads, international connectivity with Bhutan and Bangladesh to promote trade would be developed under Bharatmala.
  • Under Bharatmala, around 3,300 km of border roads of strategic importance have been identified to be built along the international boundaries and around 2,000 km of roads are required for connecting India’s major highway corridor to International trade points so as to facilitate Export-Import (EXIM) trade with Nepal, Bhutan, Bangladesh and Myanmar.
  • Jogighopa is set to become India’s gateway to South-East Asia as well as the rest of the North-East with the multi-modal logistics park.
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