RVNL Partners with Dubai's GBHIC to Expand into Gulf Infrastructure Projects

Rail Vikas Nigam Ltd (RVNL), a firm owned by the state, formalized a Memorandum of understanding (MoU) with UAE-based GBH International Contracting LLC (GBHIC). This MoU will be associated with civil infrastructural projects, both in partnership and independently for Gulf Cooperation Council (GCC). This strategic pact will help bring out the collaborative strength of two firms to tap infrastructure development, along with GCC economy's diversification objectives. With this MoU, RVNL aims to increase its global reach and acquire significant contracts in the key markets and enhance its international portfolio.

 

Source: Zeebiz,CNBC TV18 ,Business Standard

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