RITES Limited, a leading Transport Infrastructure Consultancy and Engineering company, and the Asian Institute of Transport Development (AITD), New Delhi, have entered into a memorandum of understanding (MoU) to collaborate for strengthening infrastructure facilities, promoting multimodal transport systems and addressing environmental concerns.
- Under this agreement, RITES and AITD will collaborate for technical services, including multimodal connectivity and consultancy assignments, knowledge skating, and research & development etc.
- The partnership intends to improve infrastructure facilities & transport services, promoting multimodal mobility solutions to increase efficiency of logistics of international production and distribution, and addressing environmental concerns to build infrastructure for the Future.
About RITES Limited:
- RITES Limited is a Minirama (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical mach.
- The company has experience spanning 47 years and has undertaken projects in over 55 countries across Asia, Africa, South America, and the Middle East region.
- RITES Limited is the only expo. arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia, and Indonesia).
About AITD:
- Asian Institute of Transport Development (AITD) is an independent, not-for-profit organisation devoted to capacity building, non-partisan research and regional cooperation in the infrastructure sector with special focus on transport, trade and logistics.
- Set up in 1989, the Institute has been granted a special consultative status by the United Nations Economic and Social Council.
- The Institute provides substantive support to groupings such as SAARC, BIMSTEC, Mekong-Ganga Cooperation, ECO, GMS, ASEAN, etc.
Source: RITES-Press Release
