G20 Infrastructure Working Group meeting concludes in Pune
ECONOMY & POLICY

G20 Infrastructure Working Group meeting concludes in Pune

The first G20 Infrastructure Working Group meeting under G20 India Presidency concluded on 17th January 2023 in Pune. The meeting was attended by 64 delegates from 18 member countries, eight guest countries and eight international organisations. The G20 IWG discussed the 2023 Infrastructure Agenda under the Indian G20 Presidency.

The two-day meeting, hosted by the Indian Presidency, discussed the flagship theme of “Financing Cities of Tomorrow- Inclusive, Resilient and Sustainable”, amongst others. The meeting included discussions on various facets of making cities economic centres of growth, financing urban infrastructure, building future-ready urban infrastructure, the role of cities in meeting sustainability targets, directing fiscal investments for unlocking private financing for energy-efficient and environmentally sustainable infrastructure and mitigating social imbalances.

The meeting also discussed other important themes, such as exploring ways to collate the data on Infrastructure spending and make the data useful for the private sector.

On the side-lines, the Pune meeting was also complemented by a High-Level Workshop on “Financing of Cities of Tomorrow '' wherein over 15 international experts discussed the issues related to financing of the cities. The Workshop discussed how the cities of tomorrow must tie together their key administrative functions – their planning, funding, and financing – to increase private sector participation. Divided into three interrelated sessions, the workshop focused on the infrastructure, and related technical and managerial capacity needs to build the Cities of Tomorrow. The Workshop also discussed how cities and higher governments could prepare themselves to increase private financing for Cities of Tomorrow.

During the IWG meeting, the delegates also had the opportunity to experience the rich cuisine, history and culture of Pune. Overall, the delegates not only had productive meetings but also enjoyed the cultural experiences that Pune had to offer.

The second meeting of the Infrastructure Working Group is scheduled to be held in Visakhapatnam, Andhra Pradesh, on 28th and 29th of March, 2023

The first G20 Infrastructure Working Group meeting under G20 India Presidency concluded on 17th January 2023 in Pune. The meeting was attended by 64 delegates from 18 member countries, eight guest countries and eight international organisations. The G20 IWG discussed the 2023 Infrastructure Agenda under the Indian G20 Presidency. The two-day meeting, hosted by the Indian Presidency, discussed the flagship theme of “Financing Cities of Tomorrow- Inclusive, Resilient and Sustainable”, amongst others. The meeting included discussions on various facets of making cities economic centres of growth, financing urban infrastructure, building future-ready urban infrastructure, the role of cities in meeting sustainability targets, directing fiscal investments for unlocking private financing for energy-efficient and environmentally sustainable infrastructure and mitigating social imbalances. The meeting also discussed other important themes, such as exploring ways to collate the data on Infrastructure spending and make the data useful for the private sector. On the side-lines, the Pune meeting was also complemented by a High-Level Workshop on “Financing of Cities of Tomorrow '' wherein over 15 international experts discussed the issues related to financing of the cities. The Workshop discussed how the cities of tomorrow must tie together their key administrative functions – their planning, funding, and financing – to increase private sector participation. Divided into three interrelated sessions, the workshop focused on the infrastructure, and related technical and managerial capacity needs to build the Cities of Tomorrow. The Workshop also discussed how cities and higher governments could prepare themselves to increase private financing for Cities of Tomorrow. During the IWG meeting, the delegates also had the opportunity to experience the rich cuisine, history and culture of Pune. Overall, the delegates not only had productive meetings but also enjoyed the cultural experiences that Pune had to offer. The second meeting of the Infrastructure Working Group is scheduled to be held in Visakhapatnam, Andhra Pradesh, on 28th and 29th of March, 2023

Related Stories

Gold Stories

Next Story
Real Estate

Adani begins construction of Dharavi rehabilitation homes

Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..

Next Story
Real Estate

Adani begins construction of Dharavi rehabilitation homes

Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..

Next Story
Equipment

Seven Propel 470 HEV electric tippers go to work on coal haulage in Chhattisgarh

Propel EV, the electric mobility division of Propel Industries and India's No. 1 electric tipper brand, has deployed seven 470 HEV electric trucks with a leading coal-haulage contractor at one of India's largest opencast coal mines in Chhattisgarh. The trucks are in daily operation, moving coal on continuous haul cycles in one of the most demanding applications in Indian mining.Why Electric - and Why CoalCoal haulage runs round the clock: heavy loads, long haul cycles, steep ramps and abrasive dust. It is also where diesel hurts most. Engines run continuously, fuel is the largest single operat..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code