Tuesday, February 21, 2017

Quality Infrastructure: Japanese Investment in India

The Embassy of Japan in New Delhi and the Centre for Policy Research are pleased to invite you to a workshop on
Quality Infrastructure: Japanese Investment in India
Monday, 27 February 2017, 9:00 a.m. - 2:00 p.m.
Official development assistance from Japan has contributed substantially to India's efforts in priority areas like power, transportation, environment and human development. Concomitantly, supported in part by such infrastructure investments, investment from the Japanese private sector in manufacturing has grown.  Recently, at the 2016 G7 Ise-shima summit Japan announced the “Expanded Partnership for Quality Infrastructure”, building on its earlier initiative at the 21st International Conference on the Future of Asia in Tokyo. With this Partnership, the Government of Japan promotes “quality infrastructure investment” in collaboration with other countries and international organisations. To that end, Japan, will provide approximately USD 200 billion for “quality infrastructure development” over the next 5 years. 

There are five aspects to quality infrastructure, viz. (a) effective mobilisation of financial resources through PPP; (b) ensuring alignment with socio-economic development and development strategies of developing countries/regions; (c) application of high-quality standards, regarding compliance with international standards established to mitigate environmental and social impact; (d) ensuring the quality of infrastructure, in particular, aspects of economic efficiency and durability, inclusiveness, safety and resilience, sustainability and convenience and amenities and finally, (e) contribution to the local society and economy.

The workshop will be inaugurated by His Excellency, the Ambassador of Japan to India. Mr Amitabh Kant, CEO of NITI Aayog will deliver the keynote address. Other key speakers include Mr. Koki Hirota, Chief Economist of JICA from Japan and Mr R C Bhargava, Chairman of Maruti Suzuki and representatives of industry from Japan and India.  The event will be followed by interaction over lunch. More information about the event (including the programme schedule) can be accessed here.

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