O’Farrell is on his third official trade mission to India this week to meet with senior government and business leaders in Delhi, Ahmedabad and Mumbai.
“Like India, one of NSW’s key priorities is to build world-class infrastructure which will support our economy well into the 21st century.
“My Government is currently engaged in the delivery of a pipeline of more than USD60 billion of major infrastructure projects for the State," he said.
“We have a good track record of experience and flexibility in working with the private sector on highly attractive Public Private Partnership (PPP) models, and even now we have more than 40 PPPs across transport, utilities, health and education.
“NSW is unique among Australian states in offering such volume and range of projects, and much of our success is built around our ability to draw on world-class capabilities in infrastructure services.
“Our infrastructure services sector’s expertise includes major contractors and consultants in engineering, architectural, environmental, and engineering supplies, many with existing international subsidiaries or networks.”
O’Farrell said NSW expertise offered significant opportunities for India, especially in the context of the nation’s plans to double infrastructure investment to USUSD1 trillion between 2012 and 2017.
“We have the direct technical skills and business discipline plus the related project management, commercial, probity, regulatory and safety background that a sophisticated market - like India – requires,” he said.
“These capabilities are underpinned by our world leading research community – like the University of Wollongong's SMART Infrastructure facility and National ICT Australia which offers strategic solutions and advice with its specialist infrastructure and logistics business team.
“NSW companies and their skills are already making an impact in and with India.
“Our design and technical skills have supported major projects including the 2010 Commonwealth Games in Delhi, and Australian companies like SMEC, UGL and GHD are leading the way in India to promote Australian and NSW expertise.
“NSW wants to help India meet its goals to deliver better public services in health, transport, education and more, and we want to work with India to help build the world-class infrastructure that will secure the nation’s economic future.”
--IBNS (Posted on 02-12-2013)