New Delhi, March 11 -- National Highways Logistics Management Limited (NHLML) and Inland Waterways Authority of India (IWAI) on Tuesday signed a Mamorandum of Understanding (MoU) to develop a state-of-the-art Multi-Modal Logistics Park (MMLP) in Varanasi.

The Ministry of Ports, Shipping and Waterways said in a release on Tuesday that the 50-acre park is strategically connected to NH7 via a 650m access road and is just 1.5 km from the NH7-NH2 junction.

It will seamlessly integrate with the Eastern Dedicated Freight Corridor through a 5.1 km railway line from Jeonathpur Station and National Waterway-1 and is located 30 km from Lal Bahadur Shastri Airport.

The project promises significant investment and employment opportunities, strengthe...