New Delhi: RITES Limited, a leading transport infrastructure consultancy and engineering firm, has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to support investment facilitation and accelerate infrastructure and industrial development across the state. The agreement aims to leverage RITES’ extensive technical and sectoral expertise to help APEDB establish a strong infrastructure framework capable of attracting domestic and global investments.
Partnership to Strengthen Infrastructure and Industrial Growth
The MoU outlines a collaborative framework where RITES will provide a comprehensive range of consultancy services. These include feasibility studies, preparation of Detailed Project Reports (DPRs), Project Management Consultancy (PMC), bid process management, and Third-Party Inspection and audit services. Through this partnership, Andhra Pradesh seeks to strengthen its infrastructure development pipeline and foster a business-friendly, industry-ready ecosystem across the state.
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Coverage Across Multiple Key Sectors
The collaboration will span multiple sectors, reflecting the state’s diverse infrastructure needs. RITES’ consultancy will support development in:
- Transport systems, including roadways, railways, and urban transit
- Ports and inland waterways
- Power generation and distribution projects
- Water supply, wastewater, and sanitation infrastructure
- Buildings and industrial infrastructure
By providing end-to-end technical support, the partnership aims to streamline project execution, attract investments, and ensure sustainable infrastructure growth across Andhra Pradesh.
RITES Limited: Expertise in Infrastructure and Engineering
RITES Limited is a leading transport infrastructure consultancy and engineering firm with decades of experience in providing project solutions across India and abroad. The company specializes in transport, industrial, power, water, and urban infrastructure projects, offering services ranging from feasibility studies and project management to audit, inspection, and advisory roles. RITES has played a pivotal role in shaping infrastructure development frameworks that align with national growth objectives.
Focus on Investment Facilitation and Economic Development
Through this MoU, RITES and APEDB aim to create a robust investment ecosystem by accelerating project implementation and improving infrastructure quality. The collaboration is expected to complement ongoing government initiatives, ensuring that Andhra Pradesh continues to attract significant industrial and infrastructure investments, ultimately supporting long-term economic growth and employment generation in the state.
About RITES:
RITES Limited is a leading public sector undertaking in India, specializing in transport infrastructure consultancy and engineering. The company offers project management, feasibility studies, Detailed Project Reports (DPRs), and third-party inspections, delivering end-to-end solutions across sectors such as transport systems, ports, inland waterways, power, water, wastewater, buildings, and industrial infrastructure for both domestic and international projects.
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