New Delhi: RITES Limited, the leading transport infrastructure consultancy and engineering company, has signed a memorandum of understanding (MoU) with the National Railways of Zimbabwe (NRZ) on technical cooperation for transport and related infrastructure projects (from concept to commissioning).
This MoU aims to enable technical support in the fields of rail transportation, railway infrastructure development, including export/leasing of rolling stock, modernisation of workshops, track works, upgrade of signalling and telecommunication systems, operations & maintenance of rolling stock and training of railway personnel. Besides, the partnership intends to explore opportunities in metro rail systems and consultancy for buildings and airports.
As part of the MoU, RITES will provide technical expertise in design, engineering, and training while NRZ will be responsible for generating business leads in Zimbabwe. The collaboration will not only create a platform to enable the exploration of business avenues in Africa, but also facilitate knowledge sharing to promote efficient, safe, and sustainable infrastructure.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)