Objectives of Multi Modal Logistics Park (MMLP)
- To increase the amount of direct and indirect jobs available in the infrastructure and construction industries, as well as to contribute to the increased economic activity brought on by improved road connections across the nation.
550 districts in the nation will be connected via national highway links. - To bridge crucial infrastructure gaps with efficient interventions in order to increase the effectiveness of freight and passenger mobility across the nation. The creation of economic corridors, inter-corridors, feeder routes, increased efficiency of national corridors, border and international connection roads, coastal and port connectivity roads, and greenfield expressways are examples of effective interventions. These are comprehensive networks of infrastructure within a region created to promote economic growth. They are not restricted by earlier work that was done there. Usually, it involves building on an entirely empty site, and the architects start from scratch. They come with restrictions based on the site’s current condition and may be contaminated or have existing structures that architects must remove or modify in some way before the project can proceed.
MoU for Multi Modal Logistics Park (MMLP)
Modern large-scale warehouse facilities are expected to be developed as part of the Multi Modal Logistic Park project. It is establishing itself as a one-stop shop for all services associated to cargo transit, such as warehousing, customs clearance, parking, truck repair, etc., for all sorts of commodities. It will feature all the necessary amenities, including warehouses, rail sidings, cold storage, a customs clearing house, yard space, workshops, gas stations, truck parking, office space, boarding houses, restaurants, a water treatment facility, etc. The MMLP, which is being created according to a “Hub and Spoke” model, will integrate several modes of freight transportation via inland waterways, railroads, and roadways. The MMLP’s installation of a cutting-edge freight management system will be driven by technology. These projects will include many value-added services, including packaging, repackaging, and labeling. The MMLP will be a facility for handling freight that can be reached by both rail and road.
In order to build Multi Modal Logistics Park (MMLP) as part of the Bharatmala Pariyojana, the National Highways Logistics Management (NHLML), Inland Waterways Authority of India (IWAI), and Rail Vikas Nigam (RVNL) inked a tripartite Memorandum of Understanding. Under the Bharatmala Pariyojana, a tripartite MoU was inked to hasten the establishment of a contemporary Multi Modal Logistics Park (MMLP). The Bharatmala Pariyojana, an initiative of the Indian government, calls for the rapid creation of sophisticated Multi Modal Logistics Parks (MMLP) throughout the nation. The goal is to consolidate freight centrally and lower logistics spending from 14% of GDP to less than 10%, in line with international standards.