Jaitley visiting Australia soon to woo investments

New Delhi, March 23 (IANS) Finance Minister Arun Jaitley will fly to Australia on March 28 on a four-day visit to attract foreign investments in the infrastructure sector.

“One of the objectives of the finance minister’s visit to Australia is to attract foreign investment in India, especially in the infrastructure sector among others,” an official statement said on Wednesday.

Arriving in Sydney on March 29, Jaitley will address an interactive session of S.P. Jain School of Global Management, followed by a meeting with Australian Foreign Affairs Minister Julie Bishop and unveiling of the state-run Union Bank of India’s Sydney branch.

On March 30, the finance minister will deliver the keynote address at ‘Make in India’ conference in Sydney, meet prominent chief executives of Australia, hold a bilateral meeting with Australian lawmaker and treasurer Scot Morrison and interact with the Indian community.

“Flying into the national capital Canberra on March 31, Jaitley will hold bilateral meetings with Australian Finance Minister Mathias Cornmann and foreign secretary Peter Vergese,” the statement noted.

Later on the same day, the Indian finance minister will meet Australian National University vice chancellor and its economists and participate in K.R. Narayanan Oration at the university campus.

“In the evening, Jaitley will address the Indian community from all cities across Australia at a reception by the Indian high commissioner,” the statement said.

In the visit’s last leg, Jaitley will fly to Melbourne on April 1 and meet Future Fund chairman Peter Coastello, participate in ‘Invest in India’ round-table conference.

“The finance minister will witness the Federation of Indian Chambers of Commerce and Industry (Ficci) and Australia-India Business Council,” the statement added.

Jaitley will also have one-to-one meeting with chief executives of various Australian firms and visit the University of Melbourne to meet its vice chancellor Daniel Andrews.