Arshiya signs deal with Jurong International
Arshiya International says it has signed an agreement with the Singapore government-owned Jurong International to develop three free trade warehousing zones in Mumbai, Delhi and Sohar in Oman.
By PTI |
MUMBAI: Global supply-chain services company Arshiya International on Saturday said it has signed an agreement with the Singapore government-owned Jurong International to develop three free trade warehousing zones in Mumbai, Delhi and Sohar in Oman.
Under this deal, Jurong International would undertake master planning, architecture and engineering of free trade warehousing zones (FTWZs) in the three locations, a release issued here stated.
This work would be carried out in three stages which would bring in world-class facilities in industrial park development to India and Oman.
Arshiya had earlier announced investing Rs 3,000 crore to build three FTWZs in the country and the Middle-East for providing integrated supply-chain services to enhance exim trade.
"Singapore has been a pioneer in development of such parks around the world through its government-owned company, Jurong International," Arshiya International Chairman Ajay Mittal said.
"Since Arshiya's vision is to build state-of-the-art facilities, it has chosen to assign the entire job of township planning--both internal and external to Jurong International, which is in line with our vision of excelling in every line of business we operate in," he said.
Each FTWZ covers 200 acres of land and with this signing, the work on the FTWZs has been initiated, the release said.
Under this deal, Jurong International would undertake master planning, architecture and engineering of free trade warehousing zones (FTWZs) in the three locations, a release issued here stated.
This work would be carried out in three stages which would bring in world-class facilities in industrial park development to India and Oman.
Arshiya had earlier announced investing Rs 3,000 crore to build three FTWZs in the country and the Middle-East for providing integrated supply-chain services to enhance exim trade.
"Singapore has been a pioneer in development of such parks around the world through its government-owned company, Jurong International," Arshiya International Chairman Ajay Mittal said.
"Since Arshiya's vision is to build state-of-the-art facilities, it has chosen to assign the entire job of township planning--both internal and external to Jurong International, which is in line with our vision of excelling in every line of business we operate in," he said.
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Each FTWZ covers 200 acres of land and with this signing, the work on the FTWZs has been initiated, the release said.
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