A significant Memorandum of Understanding (MoU) was signed on Tuesday between National Highways Logistics Management Limited (NHLML) and the Inland Waterways Authority of India (IWAI) to develop a state-of-the-art Multi-Modal Logistics Park (MMLP) in Varanasi, Uttar Pradesh. The signing ceremony was attended by Union Minister for Road Transport and Highways, Nitin Gadkari, and Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal.
The MMLP will be located on a 150-acre site and will be strategically connected to National Highway 7 (NH7) via a 650-meter access road. It is positioned just 1.5 kilometers from the crucial NH7-NH2 junction, enhancing connectivity within the region.
In addition to road access, the park will seamlessly integrate with the Eastern Dedicated Freight Corridor through a 5.1 km railway line from Jeonathpur Station. The location is also well connected to National Waterway-1, and is only 30 kilometers from Lal Bahadur Shastri Airport, ensuring robust transportation links for both domestic and international trade.
The project is expected to create significant investment opportunities and generate employment, providing a major boost to India’s logistics sector. By improving trade efficiency and infrastructure, the MMLP is poised to drive economic growth and enhance India’s position as a global economic powerhouse.