Srinagar, Feb 14 (KNS): President of Kashmir Chamber of Commerce & Industry (KCCI), Javid Ahmad Tenga Wednesday hailed the state Government, particularly Dr. Haseeb A. Drabu, Finance Minister for signing a Memorandum of Understanding (MoU) with Dubai Ports World to establish Multi Model Logistic park and transportation hub in the state through foreign direct investment.
In a statement issued to KNS, Tenga said that “the KCCI has in fact been long craving and pleading for the need of creating such a facility in the state as it is most essential element of logistics required to enhance the scope for growth of our export oriented business, be that the export of handicraft, horticulture, agriculture, floriculture or any other allied product worldwide.Click Here To Follow Our WhatsApp Channel”
He said that such a facility could be expected to be the forerunner for huge exports and generator of large scale employment in the state.
Appreciating the blue print of the specialized facilities provided in the Inland logistic hub, Tenga said, “It will enhance the scope of accessibility and acceptability of our exportable products to the worldwide markets.”
President KCC&I said the move is expected to prove a big leap towards ushering the state in to a progressive economy. (KNS)