Latest News | Adani Ports and SEZ Signs MoU with Gujarat Govt Fo Air Cargo Complex, Multi-modal Logistics Park

New Delhi, Jan 27 (PTI) Adani Ports and Special Economic Zone (APSEZ) on Wednesday said it has inked an agreement with the Gujarat government to explore possibilities of development of a dedicated air cargo complex and multi-modal logistics park in the state.

"The company has signed a memorandum of understanding (MOU) with the government of Gujarat for exploring possibilities of development of a dedicated air cargo complex and multi-modal logistics park at VirochanNagar near Sanand, Gujarat," Adani Ports and Special Economic Zone Ltd said in a regulatory filing.

Adani Ports and Special Economic Zone said the aforesaid evaluation is subject to various regulatory and legal permissions/ approval and clearances including land acquisition.

"We will announce any such development as and when any concrete decision is reached in such matters after evaluation," the filing noted.

Shares of APSEZ were trading 0.46 per cent higher at Rs 525.85 apiece on BSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)