According to an official statement, this MoU aims at reinforcing the
cooperation and collaboration between the two organisations to leverage
respective strengths for the construction and development of Surat Multi-Modal
Transportation Hub on land allocated by the Ministry of Railways and the
Government of Gujarat. Additionally, the potential for consultancy, capacity
building and other technical assistance from HUDCO will also be explored.
The
MoU has been executed on May 9 in New Delhi at HUDCO Bhawan by HUDCO CMD Sanjay
Kulshrestha and SITCO MD Manoj Garg in the presence of senior officials from
Rail Land Development Authority (RLDA) and HUDCO.