Apeejay Infralogistics Pvt. Ltd,
a 50:50 joint venture
between Apeejay Surrendra
Group and Eredene Capital Plc
of UK, has started work on two
new logistics parks at Haldia
(West Bengal) and Kalinganagar
(Odisha).
The 90-acre Haldia project will
entail an investment of
75 crore
each for phase I & II and
50
crore for phase-III. The project is
expected to be completed in 30
months. The 30-acre Kalinganagar
park, estimated to cost
50
crore, will be implemented in
two phases.
Both the logistics hubs will
provide 1 million sq. ft of warehousing
space.