Gateway Distriparks (GDL) announced the construction of the first phase of its Logistics Park and Container Freight Station (CFS) next to the Krishnapatnam Port Container Terminal has been completed and after receiving all necessary statutory approvals from the Customs Department, the facility is ready to commence operations. GDL has invested Rs 90 crore in the first phase to develop capacity with 60,000 TEUs in bonded container yard and 50,000 sq ft of bonded warehousing, as well as 100,000 TEUs in domestic container yard and 100,000 sq ft of domestic warehousing. The total land bank available is 48 acre which can be further utilised to expand capacity in the future.

The Logistics Park will offer comprehensive supply chain solutions through a CFS, bonded and domestic warehousing, temperature controlled storage along with first/last mile transportation facilities.

Ishaan Gupta, Joint Managing Director, GDL said at the commencement,?The company sees this region as playing a key role for its growth plans, and we are happy to announce our fourth CFS in this region to support the local trade. We will continue to invest here further, through both GDL and Snowman Logistics, to maintain a high quality offering and increase capacities in the future.?