The
The main focus of the MoU is to support railway transportation through technical support, to offer railway infrastructure development including export/leasing of rolling stock, transforming railway workshops into modernized and advanced workshops, ameliorate signaling and telecommunication systems, operations and maintenance of rolling stock and proper training of railway personnel.
Apart from modernising and advancing the railways sector, the partnership also seeks to explore opportunities in metro rail systems and consultancy for buildings and airports.
RITES is expected to provide technical expertise in design, engineering and training while NRZ will be responsible for chasing and securing business leads in
The MoU will facilitate knowledge sharing to promote efficient, safe and sustainable infrastructure.
The partnership could go a long way in revamping NRZ's dilapidated infrastructure.
NRZ is a state owned company formerly
In 2020 the transport utility nearly collapsed due to its incapacity to attract capital, hence its malfunction.
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