The MoU marks a significant step in expanding RITES’ global footprint, with the collaboration aimed at developing and modernising Botswana’s railway and transport infrastructure.
The agreement was signed by RITES, a leading Indian transport infrastructure consultancy, and Botswana’s Ministry of Transport and Infrastructure. The partnership will leverage RITES’ technical expertise and decades of experience to support Botswana’s efforts in upgrading its transport systems through the deployment of advanced technologies, global best practices, and capacity-building initiatives.
As part of the MoU, RITES will assist Botswana in areas including the supply of rolling stock, commissioning, repair, operation, and maintenance of railway systems, as well as the modernisation of railway workshops.
The collaboration is also set to extend to broader infrastructure development projects encompassing railways, highways, bridges, airports, and buildings.
Additionally, RITES will contribute to technical training programmes, facilitate knowledge exchange, and provide quality assurance services such as third-party inspections, pre-shipment assessments, and final acceptance testing.
The company will also introduce advanced information technology solutions to enhance integrated train operations and passenger management systems.RITES, a Navratna Public Sector Enterprise, has an extensive track record in transport consultancy and engineering services. With operations in over 55 countries across Asia, Africa, Latin America, South America, and the Middle East, the company has positioned itself as a prominent global player in infrastructure development.
On Friday, the shares of RITES closed 1.7% higher at Rs 226.35 on the BSE.
Also read: Elon Musk’s $750 billion wealth eclipses India’s top four companies combined! What’s behind the rise?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)