Container Corporation of India (Concor) announced signing four memorandum of understanding (MoUs) during the India Integrated Transport & Logistics (IITL) Summit 2017 on 5 May 2017 at Vigyan Bhawan, New Delhi. Concor signed two tripartite MoUs with the state government and the National Highways Authority of India (NHAI) for development of Multimodal Logistics Parks (MMLPs) at Hyderabad and Surat. Further, the company signed one MoU with Paradip Port for development of a MMLP; and one MoU with Chennai Port for the development of an extended gate facility at CONCOR’s facility at Tondiarpet to ease the congestion at Chennai Port. The announcement was made after market hours on Friday, 5 May 2017.
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