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2nd G20 IWG meet in Vizag from today

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63 delegates from G20 member countries to attend the two-day meet

PNS|Visakhapatnam

The second G20 Infrastructure Working Group (IWG) meeting under G20 Indian Presidency is scheduled to take place in Visakhapatnam, Andhra Pradesh, on March 28 and 29.

Around 63 delegates from G20 member countries, invitee countries, and international organisations will participate in the meeting to further the discussions on the 2023 Infrastructure Agenda under the Indian G20 Presidency and follow up on the discussions held during the first IWG meeting held in Pune in January 2023, said Solomon Arokiaraj, Joint Secretary, Ministry of Finance.

Addressing the media persons on Monda, Arokiaraj said that the G20 Infrastructure Working 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.

The outcomes of the Infrastructure Working Group feed into the G20 Finance Track priorities and promote Infrastructure Development.

The Indian G20 Presidency’s theme of ‘One Earth, One Family, One Future’ sets the tone for the 2023 Infrastructure Agenda under the 2023 Indian G-20 Presidency. The theme underlines the message of equitable growth and aptly ties up with the discussions’ central agenda, which is building resilient, inclusive, and sustainable urban infrastructure.

In the second IWG meeting, discussions will focus on the agenda for the Infrastructure Working Group under the Indian Presidency. The flagship priority to be discussed in this meeting is “Financing Cities of Tomorrow: Inclusive, Resilient and Sustainable”, along with other priorities outlined in the 2023 Infrastructure Agenda.

During the two-day meeting, various official meetings and cultural programmes have been planned for the delegates. In addition to the formal discussions, the delegates will experience Visakhapatnam’s rich culture and beautiful landscapes, said Solomon Arokiaraj, Joint Secretary, Ministry of Finance.

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