RITES Ltd., a PSU transport infrastructure consultancy, has signed a Memorandum of Understanding (MoU) with Etihad Rail.
The MoU will help in exploring synergies in developing railways and related infrastructure services in the UAE and the broader region.
The partnership aims at leveraging the strengths of both entities to explore collaborative opportunities for supply/leasing of rolling stock, consultancy and project management for railway projects, and services such as repairing rolling stock and operation & maintenance of railway infrastructure to ensure more efficient and modernized rail services in the UAE and across the region.
Another key initiative, under the terms of the MoU, is the capacity analysis of rail corridors in the UAE and nearby geographies, thus aiming to help improve efficiency, streamline logistics, and enhance trade routes. Emphasizing innovation and the use of cutting-edge technology, both parties will explore advanced IT solutions for train operations & passenger management and technical inputs on maintenance practices.
