Picture used for representational purpose only
NEW DELHI: The Union Cabinet on Wednesday approved the construction of a multi-modal logistics and transport hub at Greater Noida with an estimated cost of about Rs 3,884 crore. The project will be developed as a world-class facility that will provide efficient storage and transitioning of goods to and from the dedicated freight corridors (DFC) and offer a one-stop destination to freight companies and customers, a statement said.
The hub will not only provide standard container handling activities, but also have value-added services to reduce logistics cost, along with improved efficiency of operations, the statement added. The area near Boraki railway station will act as a transport hub with provision for rail, road and MRTS accessibility. It will also have space for inter-state and local bus terminals and metro lines.