Adani Ports and Special Economic Zone (APSEZ) recently 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 Virochan Nagar 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.
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