Encouraged by the growth in business volume, Mumbai-based ABG Heavy Industries Ltd said it will invest Rs 100 crore in phases in the proposed Container Freight Station (CFS) and logistics hub.
"We are aiming to invest Rs 100 crore in phases in the Kolkata CFS," ABG Managing Director Saket Agarwal told reporters at the foundation stone laying ceremony of CFS at Dhulagarh.
The station will come up at around 20 acres of land requiring an investment of Rs 25 crore. It will be expanded to 100 acres in years to come and the container handling capacity will also be enhanced.
ABG had invested Rs 80 crore in port services at Kolkata Port Trust (KoPT) docks in the last three years.
Talking to PTI, KoPT Chairman A K Chanda said the port has offers for few more private CFS and Inland Container Depots.
"Such infrastructure will help the port to increase traffic and help us to achieve numero uno position," Chanda said.
KoPT is targeting a cargo volume of 60 million tonnes in the current fiscal. In 2006-07, the port which achieved second position among all major ports, has handled 55 million tones of cargo.
Cargo handling had grown by 3.59 per cent but Chanda said there was scope for more growth in both the Kolkata and Haldia dock systems.
The private investment in services has helped the port to reduce the pre-berthing detention to 0.39 days against 0.42 days while the turnaround time has been decreased to 3.92 days as against 4.04 days, KoPT officials said.
"We are aiming to invest Rs 100 crore in phases in the Kolkata CFS," ABG Managing Director Saket Agarwal told reporters at the foundation stone laying ceremony of CFS at Dhulagarh.
The station will come up at around 20 acres of land requiring an investment of Rs 25 crore. It will be expanded to 100 acres in years to come and the container handling capacity will also be enhanced.
ABG had invested Rs 80 crore in port services at Kolkata Port Trust (KoPT) docks in the last three years.
Talking to PTI, KoPT Chairman A K Chanda said the port has offers for few more private CFS and Inland Container Depots.
"Such infrastructure will help the port to increase traffic and help us to achieve numero uno position," Chanda said.
KoPT is targeting a cargo volume of 60 million tonnes in the current fiscal. In 2006-07, the port which achieved second position among all major ports, has handled 55 million tones of cargo.
Cargo handling had grown by 3.59 per cent but Chanda said there was scope for more growth in both the Kolkata and Haldia dock systems.
The private investment in services has helped the port to reduce the pre-berthing detention to 0.39 days against 0.42 days while the turnaround time has been decreased to 3.92 days as against 4.04 days, KoPT officials said.