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Etihad Rail signs MoU with RITES

by Blitz India Media
October 14, 2024
in Dubai
0
MoU-with-RITES
Blitz Bureau

Etihad Rail signed an MoU with RITES Ltd., the leading Indian public sector enterprise specialising in transportation and infrastructure. The agreement aims to explore potential synergies and collaboration, unlocking opportunities in railway and infrastructure development in the UAE and wider region.

This includes the supply and leasing of rolling stock, as well as consultancy and project management for railway development, according to WAM.

Etihad Rail, the developer and operator of the UAE’s national railway network, signed altogether 10 MoUs and agreements with international companies specialising in railways, transport, and infrastructure, aiming to shape the future of the transport and infrastructure sector at the first edition of Global Rail Transport Infrastructure Exhibition & Conference (Global Rail) 2024.

The inaugural edition of the exhibition was held with the support of Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, and Chairman of Etihad Rail.

The event was hosted by Etihad Rail in collaboration with the UAE Ministry of Energy and Infrastructure (MOEI), ADNEC Group, and dmg events, under the theme “Setting Transport Infrastructure and Global Connectivity in Motion”.

Etihad Rail also signed an MoU with Presight AI, a leading UAEbased artificial intelligence and big data analytics company, to explore and implement cutting-edge digital solutions across Etihad Rail’s operations. This strategic collaboration will leverage Presight AI’s expertise in generative AI, smart transportation, and logistics to enhance Etihad Rail’s efficiency, productivity, and overall digital transformation. The partnership will focus on developing and deploying AI-driven solutions for capital planning, corporate excellence, and other key business units, positioning Etihad Rail at the forefront of AI-powered innovation in the railway industry.

The event included a strategic conference that explored innovative policy frameworks for accelerating railway benefits and crosssector collaboration to enhance the added value and potential of the rail sector. It also featured a technical conference showcasing the latest research and developments in railway innovation, presented by industry leaders, institutes, and various academic entities.

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