Dimapur, July 2 (EMN): Buoyed by increased freight loading in the previous fiscal, Northeast Frontier Railway (NFR) is setting up freight terminals on public private partnership (PPP) model in the current financial year for select freight terminals to induct modern technologies and improve efficiencies in freight handling.
An update informed that NFR is planning to develop about 36 goods sheds through PPP mode spreading over five divisions in states like Assam, Arunachal Pradesh, Tripura, Nagaland, Sikkim, Bihar and West Bengal.
The aim of this new initiative of PPP model is to develop the existing/new goods sheds by inviting private parties to participate in development. The implementation of the PPP model for goods sheds over NFR is also expected to increase its freight business volume.
The development of goods sheds in PPP mode spreading all over NFR and subsequent increase in freight business of volume will lead to more job creation, it stated.
