A group of G20 officials will discuss issues around infrastructure investments and financing inclusive, resilient and sustainable cities, at a three-day meeting in Rishikesh starting on Monday, finance ministry said in a statement on Sunday.
The third G20 infrastructure working group meeting under G20 Indian Presidency is scheduled to take place in Rishikesh from 26 to 28 June 2023, where 63 delegates from G20 member countries, invitee countries, and international organisations will attend, the ministry said.
The group deliberates on various aspects of infrastructure investments, including developing infrastructure as an asset class, promoting quality infrastructure investment, and identifying innovative instruments for mobilizing financial resources for infrastructure investment.
In the third IWG meeting, substantive progress will be discussed towards the workstreams of the 2023 infrastructure agenda. The flagship priority to be discussed in this meeting is ‘financing cities of tomorrow: inclusive, resilient and sustainable", the statement said.
On the sidelines of the working group meetings, two side events have also been planned. A seminar on roadmap to sustainable cities will be organized in partnership with the Asian Infrastructure Investment Bank. Discussions will allow G20 decision-makers to examine challenges ranging from climate change to infrastructure resiliency, fast urbanization and inclusiveness. They will also examine the role of technology and digitization.
On 27 June, a roundtable on making India a maintenance, repair and operation (MRO) hub is scheduled with an agenda to discuss opportunities that India has to offer in the MRO space. India is keen to make the country a hub for MRO activities in the aviation sector.
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