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Monday, May 6, 2024

India and China sign rail sector partnership

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China has been added to the growing list of countries choosing to sign rail sector partnership agreements with India.

A Memorandum of Understanding (MoU) has now been signed between the two countries, following partnerships with Spain, Austria, Belgium, Switzerland.

The MoU was signed between Vinay Mittal, chairman of the Railway Board, Ministry of Railways, Government of India, and Wang Zhiguo, Vice Minister, Ministry of Railways, Government of the Republic of China.

The move comes after Indian Railways set out plans to develop private partnerships in railways infrastructure projects in the country.

Under the MoU, both the countries will enhance mutual cooperation across various areas of rail technology including high-speed rail, heavy haulage and station development.

Both the sides will undertake exchange of information on policies, training and exchange programmes, site visits, joint symposiums etc.

China is third largest railways network in the world with 91,000 km network, with India fourth at 64,000 km.

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