Gandhinagar, Jan. 23 -- The Gujarat government on Friday signed a Memorandum of Understanding (MoU) with the private infrastructure company, Adani Port & SEZ Ltd., to setup the country's largest multi-modal logistics park at Sanand with an estimated investment of Rs 50,000 crore.

The proposed 1,450 acre park will have a dedicated air cargo complex with 4.6 km long runway to handle even large sized cargo aircraft and will offer direct air, rail and road connectivity. It will also have a provision of direct rail connectivity with dedicated freight corridor which is part of the Delhi-Mumbai Industrial Corridor (DMIC).

It will have potential to generate direct and indirect employment for 25,000 persons.

According to the state government, t...