"We have signed memorandum of understanding (MoU) with state government during Vibrant Gujarat Summit 2013 for development of the logistics park. This park will be completed in next two years and project cost would be around Rs 200 crore,"said Bakir Gandhi, managing director, Gandhi Realty.
He said that the work under phase 1 would begin this month. In the first phase it will set up compound wall, do plotting and develop infrastructure including roads and security.