Imotec, Reliance Naval Sign MoU to Build Dredgers in India

Mark Rutte in india,Image source: Ministry of External Affairs, Government of India

India and the Netherlands have announced a wide range of MoUs/Agreements and Initiatives across different sectors during the two-day visit of Prime Minister of the Netherlands, Mark Rutte.

Image source: Ministry of External Affairs, Government of India

During the visit, Imotec Projects, a Dutch company which operates in the maritime and offshore market, and Reliance Naval & Engineering Ltd., signed a MoU to make dredgers in India, Ministry of External Affairs, Government of India, said in their latest announcement.

The cooperation will involve building dredgers for the local market and for specific applications. Reliance will build the dredgers on their shipyard and Imotec will deliver dredging technology/equipment.

The Ministry of External Affairs also announced that Arcadis, a Dutch global design, engineering and management consulting company, and Tata Consulting Engineers signed a MoU to strengthen their collaboration on a variety of water management and ports & waterways related projects.

The MoU reflects the basic terms and conditions under which companies shall collaborate for the submission of proposals for the awarding of projects in selected geographical areas and on selected business themes.