Rishikesh hosted the 3rd G20 Infrastructure Working Group Meeting

The 3rd G20 Infrastructure Working Group Meeting, convened under India’s G20 Presidency, will take place from June 26-28, 2023 in Uttarakhand, Narendra Nagar. Around 63 delegates from G20 member states, invited countries, international organizations, eight countries, and institutions will participate.

The meeting focused on infrastructure development and financing principles for future cities, focusing on inclusivity, resilience, and sustainability. The second session, co-chaired by Brazil, discussed financing cities of the future. The first day discussed inclusive development, technology, Infratech, and digitization.The G20 delegates also learned about Nusantara, an ambitious city in Indonesia. Deliberations were held on developing future cities with equal facilities, increased private institution participation, and their contribution to infrastructure development.

The meeting also discussed mutual harmony to combat natural challenges and infrastructural development in partnership with the Asian Infrastructure Investment Bank. G20 delegates will visit Rishikesh, a model village in Uttarakhand, and Oni village on the final day of the meeting. The Infrastructure Working Group’s outcomes will inform the G20 Finance track’s priorities and promote infrastructure development. The first meeting took place in Pune and the second in Visakhapatnam.

By Business Bureau

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