RITES signs MoU with Kerala Infrastructure Investment Fund Consultancy

RITES Ltd., the leading Transport Infrastructure Consultancy and Engineering company, signed a memorandum of understanding (MoU) with KIIFCON, a consultancy organisation under the Kerala Infrastructure Investment Fund Board (KIIFB), to jointly explore, identify, secure, and execute consultancy projects.

More Details:

  • As part of the MoU, both entities will work as partners (development and execution) to provide consultancy for transport and infrastructure projects in various sectors, including highways, airports, ports & waterways, urban transport (metros), sustainability, urban/industrial planning, bridges & tunnelling, and railway infra etc., across the domestic and international market.
  • They will jointly develop a ‘go-to’ market strategy to work proactively and bring in best practices by leveraging each other’s strengths to optimise operations.
  • KIIFB facilitates sustainable infrastructure development in Kerala. 

Mr. Manobendra Ghoshal, Chief Strategy Officer (CSO), RITES, said, “The partnership will facilitate exploring consultancy opportunities arising in multiple sectors. Apart from a diversified sector portfolio (for consultancy), RITES will also bring in technical expertise, and marketing capabilities to strengthen the association.”

About RITES Ltd:

  • RITES Ltd, a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach.
  • With experience spanning 48 years, the company has undertaken projects in over 55 countries across Asia, Africa, South America, and the Middle East region.

Source: RITES- Press Release | Image Credit (representational): RITES

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