Hyderabad: Hyderabad Metropolitan Development Authority (HMDA) is intensifying efforts to construct logistic parks and Inter City Bus Terminals (ICBT) at Miyapur, Pedda Amberpet, Shamshabad, Shamirpet, Patancheru and Manoharabad.
These projects are to be developed under public private partnership mode. The HMDA has already selected Deolite Touche Tohmatsu India LLP as Transaction Advisor for taking up the projects.
The agency will be responsible for conceptualising, preparing the project requirements duly carrying out the studies. It has commenced its activity, and the expression of interest cum RFP for selection of developer will be prepared within four months.
On finalisation of feasibility, project reports and studies, the EOI cum RFP would be invited from the prospective bidders to take up the project on PPP mode with revenue share model, according to a press release.
Meanwhile, the construction of a logistic park at Batasingaram and Mangalpally are going on at brisk progress, commercial operations are to commence shortly.
The parks are being constructed to meet the increasing demand for facilities related to freight logistics considering the location and the strategic advantages of Hyderabad, the release added.