Cabinet apprised of the MoU between India and Indonesia on Technical Cooperation in the field of Railways sector
New York, June 27 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has been apprised of the Memorandum of Understanding (MoU)between India and Indonesia on Technical Cooperation in the field of railways sector.
"The MoU was signed on 29th May, 2018," read a government statement.
The MoU will provide a framework of cooperation for focused approach in following key areas:-
Exchange of knowledge, technology, institutional cooperation includingcapacity building;
Modernization of rolling stock, as well as of signaling and communication systems in railways;
Modernization of railway operation, management and regulations;
Development of inter-modal transport, logistics parks and freight terminals;
Exchanges of construction and maintenance technologies for fixedinfrastructure, including tracks, bridges, tunnel, overhead electrification andpower supply systems;
Other areas of cooperation that may be jointly decided upon by both the Sides.
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