Russia and Africa collaborating in rail sector
Russian Railways (RZD), the Russian Export Centre (REC) and the African Export-Import Bank (Afreximbank) have signed a MoU to develop their cooperation on the implementation of export and investment projects in the rail sector.
RZD has developed advanced technologies and approaches for the effective management of railway systems abroad, as well as for the implementation of projects like the construction of a new railway infrastructure in Serbia.
In June 2018, the first stage in the preparation of a feasibility study on the implementation of high-speed rail services on the Nagpur - Secunderabad railway line in India was also completed. (ben)