Thursday, Jul 7 2022 | Time 06:05 Hrs(IST)
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Business Economy


RITES signs MoU with Mizoram Govt for infra works

New Delhi, May 27 (UNI) RITES Ltd has signed a memorandum of understanding (MoU) with the Planning and Programme Implementation Department, Government of Mizoram.
The MoU has been signed to leverage opportunities provided by the National Infrastructure Pipeline (NIP) and boost infrastructural development initiatives of the North-Eastern state, a statement from the company said on Friday.
As per the agreement, signed in the presence of Union Minister of State for Railways and Textiles Darshana Jardosh and Mizoram Chief Minister Zoramthanga, the state government, and RITES Ltd will jointly identify projects in the areas of transport infrastructure as well as highways, buildings, airports, urban engineering and ropeways.
Executive Director (Privatisation and Concession), RITES Ltd, Manobendra Ghoshal, said, “The MoU with the Government of Mizoram heralds a new chapter in RITES’ journey and paves the way for infrastructural development in the North-Eastern state, where the potential for sustainable and resilient development is immense.”
RITES will lend its technical expertise and explore collaborations with the Government of Mizoram in developing industrial and logistic parks, including integrated check posts, signalling and workshops, metro railway systems, urban engineering and sustainability, water, sanitation, infrastructure, and renewable energy, etc., to attract public-private-partnerships and investments in the state, the statement said.
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