The Jammu and Kashmir government today designated a nodal officer to coordinate with the Centre for the development of multi-modal logistic parks (MMLP) in the state.
The state government has already signed a Memorandum of Understanding (MoU) with Dubai Ports World for setting up MMLP in the twin capitals of Jammu and Srinagar.
The Administrative Secretary of Public Works (Roads and Buildings) department will act as nodal officer from the state government to co-ordinate development of MMLP in the state with the Union ministry of road transport and highways, an official spokesman said.
The MoU for setting up first ever MMLP and transportation hub in the state through FDI was signed by Finance Minister Haseeb Drabu with the Dubai Ports chairman and CEO Sultan Ahmed Bin Sulayem in presence of Prime Minister Narendra Modi and the Crown Prince of Abu Dhabi, Mohammed bin Zayed Al Nahyan, at Presidential Palace in Abu Dhabi last month.
This would facilitate maiden FDI to the tune of Rs 5,000 crore to Jammu and Kashmir, through joint venture, over the next five years.
The proposed Inland Logistic Parks to be established at Samba in Jammu and Ompora in Kashmir would include warehouses and specialised storage solutions for transportation of agriculture, horticulture and handicraft products and other tradeable goods from Jammu and Kashmir directly to the markets worldwide, bringing down the transportation costs substantially.
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