MEP Infrastructure Developers on Monday (03 April) signed a memorandum of understanding (MOU) with CIDB Holdings, a fully owned subsidiary of the Construction Industry Development Board, Malaysia in the presence of Prime Minister of Malaysia, Dato' Sri Haji Mohammad Najib bin Tun Haji Abdul Razak.
Under this MoU agreement, both the parties will endeavour to strengthen, promote and develop their cooperation by knowledge sharing and introducing their best practices towards joint development of sustainable highways and expressways projects in India and related investments.
CIDB, a statutory body under Malaysia’s Ministry of Works, promotes and facilitates the exports of Malaysian construction services.
Jayant Mhaiskar, Vice Chairman and Managing Director of MEP Infrastructure Developers Limited said, “This is a proud moment for us and this milestone agreement will enable the integration of MEP expertise in Indian road infrastructure space with CIDB’s best practices and standards in construction sector.”