KoPT's non-port land usage plan in five-six months
The Kolkata Port Trust (KoPT) will be able to get "a clear picture" on how to put its excess land assets to commercial use, following a consultant's report in this regard in the next five-six months.
KoPT Chairman Vinit Kumar said a consultant is expected to be finalised in a week's time, and it will give a report on how to monetise the excess land assets, which will not be used for port activities.
"We will get a clear picture in five-six months for use of KoPT land for commercial and urbanisation purposes," he said on the sidelines of the CII-organised Logistics Colloquium here.
In Kolkata, KoPT has land of about 400 acres that can be commercially used.
The West Bengal government has also urged KoPT to participate in river front development and commercial projects to boost logistics and maritime sectors in the state.
State Finance Minister Amit Mitra has asked KoPT to think on the lines of the Mumbai Port Trust to have a land-use policy for the excess assets.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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