Australia wants to explore new ops fields in infra with India

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Australia wants to explore new operation fields in various sectors of infrastructure in partnership with India, a top Australian official said today.

"We (Australia) are developing economic relations with India with strategic moves. In partnership, we want to explore new fields of operation in various sectors of infrastructure," Australian consul general to India Mark Pierce said.

Pierce, along with the Australia's Trade Commissioner for the Northern India Grayson Perry and representative of a Japan's trade body Yasuhide Yamada, were here today to take part in a day-long international seminar on 'public private partnership' (PPP) model and infrastructure projects.

The speakers, on the occasion shared Australis'a experience in financing and development of infrastructure projects, a representative from Japan shared their experience in developing and managing infrastructure in India.

During the seminar, Pierce mentioning about Prime Minister and former chief minister of Gujarat Narendra Modi said, "Prime Minister Narnedra Modi had initiated this partnership. This has worked to strengthen our relations with Gujarat".

"Australia has a significant expertise in development of infrastructure major projects through the PPP model," Trade Commissioner Grayson Perry said.

The seminar was jointly organised by Adani Institute of Infrastructure Management (AIIM) and the Australian Trade Commission.

Perry said many aspects of the Australian PPP model are world-class as it has attracted strong interest from players from domestic and international markets.

The Japanese representative said Japan, with Australia's help has also offered best PPP model to develop infrastructure in India.

"Australia, in partnership with Japan, can offer India a significant expertise in Infrastructure PPP. Japan's official development assistance programme has proven to be vital for the growth of Indian infrastructure in landmark projects such as the Delhi Metro rail, Mumbai- Delhi Freight corridor and Delhi Mumbai Industrial corridor," Japan External Trade Organisation's Director Yasuhide Yamada said.

On the occasion, Bakul Dholakia, Director of AIIM said, "Infrastructure development in the most prerequisite not only for sustaining the high growth momentum of the economy but also for ensuring the inclusiveness of the high growth process."


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