Greater Noida will soon become the hub of world class multi-model logistics.
Built at a cost of about Rs 7,725 crore, the Multi-Model Logistic Hub (MMLH) and the Multi-Modal Transport Hub (MMTH) will script a new story of development of Uttar Pradesh in the coming time. While reducing the costs, these will also provide rail, road and metro facilities to the commuters at one place.
A new authority, Integrated Industrial Township of Greater Noida Limited (IITGNL), has also been formed for this project in Greater Noida.
An official government communiqué released on Saturday confirmed that the process to complete the project in 750 acres of land near Dadri had been started and about 85 percent of land for both the projects had also been acquired.
All facilities, including warehousing and cold storage, will be available for keeping the products and the entire area is being developed as a freight village.
IITGNL CEO Narendra Bhushan said that there was a railway station, Boraki, just three kilometres from the Greater Noida Authority office and in the coming time, 15 trains would be running from this station and the passengers could go to any place in the country.
The MMTH project, located near the Boraki railway station, will also serve as a transport hub with easy access to passengers by rail, road and MRTS.
The MMTH will also have space for inter-state bus terminal (ISBT), local bus terminal (LBT) metro, hotel and open green space.
The rapidly growing population will get world class passenger transport facilities in the future in the state, sub-region of national capital region (NCR) and areas served by the congested Delhi.
These projects are expected to generate employment for about one lakh people and will also have a positive impact on the development opportunities in the surrounding areas.
The MMLH and the MMTH projects in Greater Noida are close to Eastern Peripheral Expressway, NH-91, Noida-Greater Noida Expressway, Yamuna Expressway and Western Dedicated Freight Corridors.
The logistic hub project is being developed as a world-class facility, where adequate storage and dedicated freight corridors (DFCs) will facilitate transportation of goods. Also, the freight companies and customers will be getting all facilities at the same point.
The centre will not only have standard container maintenance activities, but will also provide various value-added services to reduce logistics costs with better operational efficiency.