RITES Limited, India’s leading transport infrastructure consultancy and engineering firm, has signed a Memorandum of Understanding (MoU) with Etihad Rail to strengthen business collaboration with its subsidiary, National Infrastructure Construction Company (NICC) LLC, a prominent UAE-based infrastructure construction company. The partnership aims to advance joint projects in mobility and transport infrastructure across the UAE and international markets.
Key Highlights of the MoU
The MoU was formalized by H.E. Shadi Malak, CEO of Etihad Rail, and Mr. Rahul Mithal, Chairman & Managing Director of RITES, in the presence of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Etihad Rail, and H.E. Sunjay Sudhir, Ambassador of India to the UAE, during the Global Rail Transport Infrastructure Exhibition & Conference in Abu Dhabi.
The collaboration leverages:
- RITES’ five decades of expertise in consultancy, transport infrastructure, and engineering solutions.
- NICC’s execution capabilities, enabling efficient implementation of large-scale infrastructure projects.
This partnership is expected to create synergies for planning, designing, and executing transport and mobility infrastructure projects in the UAE and beyond, supporting RITES’ global expansion initiative ‘RITES Videsh’.
Strategic Significance
By combining consultancy expertise with local execution capabilities, the MoU reinforces RITES’ international presence and strengthens its commitment to shaping sustainable and advanced transport solutions. The collaboration is aligned with the firm’s guiding ethos: “We Shape What Shapes Lives.”
Summary
RITES Ltd. and Etihad Rail have entered a strategic MoU to collaborate on transport infrastructure projects in the UAE and international markets. The partnership merges RITES’ engineering expertise with NICC’s project execution capabilities, expanding RITES’ global footprint under its ‘RITES Videsh’ initiative.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.