+1-888-308-5802     
News Contact Us

Hitachi signs MoU with NSW government to develop Western Sydney

Author : Paroma Bhattacharya | Published Date : 2018-11-16 

Hitachi, Ltd., the Japanese conglomerate company recently announced the signing of a Memorandum of Understanding with the New South Wales (NSW) Government of Australia. The MoU is an illustration of Hitachi’s commitment to cooperate with NSW for the development of Western Sydney Aerotropolis and Western Parkland City.

Sources claim that Hitachi is expected to be apt in lending its knowhow to the development of Western Sydney. It is anticipated that Hitachi along with 8 municipalities in Western Sydney and the Federal Government will be providing the NSW Government with social infrastructure services and advanced precinct design.

The MoU reportedly specifies the cooperation of Hitachi on the development of a technology guided center of excellence in the Western Sydney Aerotropolis in collaboration with other academic and research organizations or independently. It also highlights other areas of potential collaboration such as development of healthcare precincts and establishment of heavy engineering operations facilities.

Incidentally, the world-famous Hitachi Social Innovation Forum will be returning to Sydney on 21 November 2018 and the announcement of the MoU coincides with the date. It is expected that the forum will plunge further in to discuss about the development of smart cities, digitalization, big data analytics and automation

Executive Officer and Executive Vice President of Hitachi, Keiji Kojima, will be delivering an Executive Address and the New South Wales Premier the Honorable Gladys Berejiklian, MP, is expected to deliver a Ministerial Address at the forum.

Toshiaki Higashihara, President & CEO of Hitachi and The Hon Gladys Berejiklian together executed the MoU on 15 November 2018.

Stuart Ayres, Minister for Western Sydney, has been reported by Liverpool City Champion to say that the Aerotropolis, which is being planned as an economic zone sprawling over 10,000 hectares of land will be a bustling center for the Western Parkland City and create 200,000 jobs.

About Author

Paroma Bhattacharya

Paroma Bhattacharya

Paroma Bhattacharya, having completed her post-graduation in Journalism and Mass Communication, started her career in writing with resourceful and informative content development across diverse fields. Having dealt in myriad topics ranging from business to real estate, she now pens down articles for fractovia.org and other portals. She can be contacted at- [email protected] | https://twitter.com/paromab1

Related News

Spotify acquires New York-based music production platform SoundBetter

Published Date: 2019-09-14         Author: Paroma Bhattacharya

Spotify would be integrating the music production platform’s services with Spotify for Artists, a tool that offers musician several services such as analytics. Spotify Technology SA, a Swedish media service that offers podcasts and DRM-protected music from media companies and record labels,... Read More

Schneider unveils EcoStruxure in India to drive oil and gas efficiency

Published Date: 2019-09-13         Author: Paroma Bhattacharya

Using Schneider Electric’s EcoStruxure can lead to better returns on the capital employed, along with a 20% reduction in CapEx and 15% downtime reduction. Schneider has teamed up with Microsoft to build commercial solutions from internet of things (IoT) in the field of automation and ener... Read More

Fitness startup Peloton looks to raise over $1.1 billion under its IPO

Published Date: 2019-09-11         Author: Paroma Bhattacharya

The company generated revenues of $915 million in its most recent financial year, which is more than double of what the company had posted in the year previous.   The company had sought to raise approximately $500 million when it filed paperwork for its IPO, but these initial amounts usu... Read More

© 2019 Fractovia. All Rights Reserved