Russian Railways Tuesday signed an agreement with Moscow-based Russian Corporation of Nanotechnologies (Rusnano) for a strategic partnership in introducing and commercializing nanotechnology in railway transportation.
The agreement sets out a mechanism for introducing and promoting innovation, including nanotechnology products, in the railway sector. Work under the agreement will allow RZD to meet rising quality demands in transport services, and increase transport volumes, freight tonnage, and track speeds.
Under the agreement, RZD and Rusnano will determine the most promising areas in which nanotechnology products can be applied, and the regions and company subdivisions in which to implement comprehensive projects.
The companies plan to develop a system for statistical monitoring of the effectiveness of nanotechnology, in order to create an information base for management decision-making.