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Following is an excerpt from a report in indiablooms.

Apeejay Infralogistics Private Limited (AILPL), a 50:50 JV of Apeejay Surrendra Group, and UK based Eredene Capital PLC, on Thursday announced the opening of two new integrated Logistics Parks in West Bengal’s Haldia and Kalinganagar in Orissa’s Jajpur.

The strategically located facilities providing around 1.0 million sq ft of warehousing space represent combined investments of over Rs. 250 crores.

… Karan Paul, Chairman of Apeejay Surrendra Group, said , “West Bengal and Orissa – both states are attractive investment destinations with forward looking government policies that favour setting up infrastructure projects such as Logistics Parks. Located in the commercial hubs, I am confident that these two integrated facilities will boost trade not only in the two states but the region as a whole. ”

The facilities at Kalinganagar under phase-1 will include 120,000 sq ft for domestic and contract warehousing and 175,000 sq ft for open storage and project cargo. On completion the Kalinganagar complex will have capacity to handle over 2500 containers for EXIM and have covered warehouse of over 250,000 sq ft in addition to hospitality, commercial and retail space.

The 30 acre Kalinganagar Logistics Park is being set up with an initial operational area of 16 acres covering 10 acres for Inland Container Depot to handle 1500 EXIM containers and 22,600 sq ft of Bonded ware house.

The facility is equipped with the state’s first fully purpose-built Container Freight Station cum transport hub and warehouse facility specifically targeting the in-bound and out-bound cargo of the steel & mineral industry to provide a truly multi modal solution.

… Nikhil Naik, Director Eredene Capital PLC, said: “We are confident that both these Logistics Parks will play a key role in the development of the Eastern Region by adopting high standards in the supply chain network and by providing real value additions to customers.”

… Designed as gateways through which companies can manage their entire supply chain logistics the two Logistics Parks provide multi functional facilities for storage, distribution, transportation, ancillary support services and trade facilitation, all under one roof for end to end logistical support.

Following is an excerpt from a report in Hindu Business Line.

Apeejay Infralogistics Pvt Ltd, a joint venture between Apeejay Surrendra Group and Eredene Capital Plc, UK, hopes to commission the first phase of its two integrated logistics parks at Haldia (West Bengal) and Kalinganagar (Orissa) towards the end of this year.

… Mr Sourav Daspatnaik, Director, Apeejay Surrendra Group, said, “We have just received the Commerce Ministry’s approval for setting up an inland container depot (ICD) at Kalinganagar …”

The Haldia integrated logistics park, estimated at Rs 200 crore in phases, would come up on over 90 acres while the one at Kalinganagar, costing Rs 60 crore, over 30 acres.

The Kalinganagar logistics park, he said, would be different from the one at Haldia because it would cater to the requirements of the steel units coming up in the area. “The big names in steel such as Jindals, the Tatas, and the Visa Group are present at Kalinganagar,” he said.

… In the first phase, the Haldia outfit would be complete with an ICD, warehousing facilities – both covered and open, truck terminal and trade facilitation centre and other facilities. Similar facilities, though on a smaller scale, too were being created at Kalinganagar, he added.