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Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.
November 15, 2018
Sydney, November 15, 2018 — Hitachi, Ltd. (TSE: 6501, “Hitachi”) has today signed a Memorandum of Understanding (MoU) with the New South Wales Government of Australia to illustrate its commitment to collaborate with the State on the development of its Western Parkland City and Western Sydney Aerotropolis.
As a leading global technology player with significant experience in elements of smart city and emerging technologies, Hitachi will lend its expertise to help Western Sydney achieve its vision of creating a new city that’s at the forefront of technology globally. It will provide the NSW Government in conjunction with the Federal Government and eight municipalities in the Western Sydney region, with state-of-the-art precinct design and social infrastructure services.
Areas of potential cooperation identified in the MoU include collaborations in healthcare precincts, the provision of operations facilities in areas of heavy engineering, and the development of a technology-led centre of excellence in the Western Sydney Aerotropolis, either independently, or in collaboration with other research and academic organisations.
The MoU announcement coincides with the return of the world-renowned Hitachi Social Innovation Forum in Sydney on 21 November 2018. The forum will take a deep dive into developments around big data analytics, digitalisation, smart cities, and automation. Keiji Kojima, Executive Vice President and Executive Officer of Hitachi, will deliver an Executive Address, and The Hon Gladys Berejiklian MP, Premier of New South Wales, will give a Ministerial Address.
The MoU was executed by The Hon Gladys Berejiklian MP, Premier of New South Wales, and Toshiaki Higashihara, President & CEO of Hitachi, on Thursday, 15 November 2018.
Information about the Hitachi Social Innovation Forum 2018 SYDNEY can be found here: https://hsifsydney.hitachi/
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges, combining its operational technology, information technology, and products/systems. The company’s consolidated revenues for fiscal 2017 (ended March 31, 2018) totalled 9,368.6 billion yen ($88.4 billion). The Hitachi Group is an innovation partner for the IoT era, and it has approximately 307,000 employees worldwide. Through collaborative creation with customers, Hitachi is deploying Social Innovation Business using digital technologies in a broad range of sectors, including Power/Energy, Industry/Distribution/Water, Urban Development, and Finance/Social Infrastructure/Healthcare. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.