NEW DELHI: An agreement was signed by an NHAI owned company, National Highways Logistics Management, for the development of a multi-modal logistics park in Bengaluru, an official release from ministry of road transport and highways said.
The project will be developed at an estimated cost of Rs 1,770 crore, the release stated.
The agreement has been signed between the government special purpose vehicle, Bengaluru MMLP Pvt Ltd and Concessionaire SPV M/s. PATH Bengaluru Logistics Park Pvt Ltd.