UK-based real estate major Eredene Capital has announced that it planned to pump around Rs 40 crore for building a Container Freight Station (CFS) near the Ennore port, partnering with Chennai-based Sattva Business Group.

While commenting on the plans, Mr. Nikhil Naik, Chairman, Eredene Infrastructure Pvt Ltd remarked, “We would be investing around 85 per cent of the stake through (FDI) and the remaining 15 per cent would be shared by Sattva Business Group for setting up the CFS at Ennore port.”