Ircon International signs MoU with Russian entity RZD International.

For joint development of railways and infrastructure projects

Ircon International has signed a Memorandum of Understanding with RZD International LLC, a subsidiary of state-owned Russian Railways Company to explore opportunities for joint development of railways and other infrastructure projects in Asia, Africa and Latin America.

According to MoU both parties have agreed to form a joint Indian - Russian working group. This group will look into ways of developing strong partnership to coordinate, plan and subsequently implement projects in field of railways and other infrastructure not only in India but also in countries of mutual interest.

BS