Mysuru, Nov 11(UNI) Work on the proposed greenfield project for an inland container yard by Container Corporation of India Ltd. (Concor) at Kadakola, between Mysuru and Nanjangud, is expected to take off soon with tender process already finalised.
"Tenders were already finalised and the work was awarded to a private firm. The time frame for its completion is 24 months,” said Anup Dayanand Sadhu, group General Manager of Concor.
The project is expected to cost Rs. 92 crore (including land cost) and will include warehouse facility, bonded warehouse – a secured facility managed by the customs that will facilitate importers to store the cargo till payment of customs duty.