Hyderabad will sign a three-city memorandum of understanding (MoU) with Brisbane and Ipswich on Tuesday for trade and exchange of ideas and services in various segments, S Raghupathy, senior director and head of CII Sohrabji Godrej Green Building Centre, said.
The partnership would bring the Indian and Australian service providers under one roof and enable them to create more opportunities in business, education, capacity building, technology, services, infrastructure, food, health and pharmaceuticals, he said here on Monday.
The Confederation of Indian Industry (CII) is organising Green Building Congress, the biggest international event in Asia, at Chennai on October 6, in partnership with Australia.
There is a huge shortage of skilled workers in various sectors like retailing, hospitality, security training, in contrast to other developing countries. Under the agreement, vocational training centres would be opened with trained faculty from Australia to fill the existing shortage of skilled workers, Rod Solomons, trade and investment commissioner (South Asia) Queensland Government, said.
“Hyderabad is rated as the best business city in India by the World Bank, so we are looking forward for more opportunities,” he added.
Green Building Mission
There are 300-400 green buildings in India and by 2012-14, the country would create around 1,000 green buildings per year, with an investment potential is around Rs 50,000 crore per year.
“The cost of green building material has come down to 8 per cent from the 18 per cent earlier and is anticipated to come down to 2-3 per cent,” Raghupathy said.
The Green Building Congress would see 1, 500 participants from 12 countries. The three-day international conference would have delegates from Australia and Europe.
The Indian Green Building Council, part of the CII, has 1,000 members and nine chapters.
