CONCOR is setting up the facility at Kadakola
The proposed Multi-Modal Logistic Park (MMLP) at Kadakola near Nanjangud is expected to become fully functional by 2022-23 and will entail an investment of ₹100 crore.
Once completed it will reduce the cost of transportation and make the products more competitive besides giving thrust to industrial growth in the region. This came to the fore during an interactive session on the MMLP with trade and business organisations organised by the Container Corporation of India Ltd (CONCOR) here on Saturday.
Mysuru MP Pratap Simha, who inaugurated the interactive session, said air, road and rail connectivity to the city and the region is being enhanced and will augur well for the industrial growth of the region. He said the project was almost cancelled due to land acquisition issues which were resolved due to constant interaction with farmers and government departments.