Siemens Deepens Ties to China's 'Belt and Road' Push

June 6, 2018

(Photo: Siemens)
(Photo: Siemens)

Siemens has signed more than 10 cooperation agreements with Chinese companies as it seeks to benefit from deepening involvement with China's "Belt and Road" infrastructure initiative, the German engineering group said on Wednesday.

Siemens said the cooperation covers power generation, energy management, building technology and intelligent manufacturing and includes companies such as China National Chemical Engineering Group Corp, China Railway Construction Corp(International) Ltd and China Civil Engineering Construction Corp.

The cooperation pact aims to target projects in countries and regions including Indonesia, the Philippines, Nigeria, Mozambique as well as South America.


(Reporting by John Miller, editing by John Revill)

Logistics News

Trafigura Ships First Venezuelan Oil to Europe in Almost Two Years

Trafigura Ships First Venezuelan Oil to Europe in Almost Two Years

Maersk, Hapag-Lloyd to Resume Red Sea Transits with Naval Escorts

Maersk, Hapag-Lloyd to Resume Red Sea Transits with Naval Escorts

China Warns Panama of Fees After CK Hutchison Contract Annulled

China Warns Panama of Fees After CK Hutchison Contract Annulled

IUMI, TAPA Warn of Escalating Cargo Theft and Freight Fraud

IUMI, TAPA Warn of Escalating Cargo Theft and Freight Fraud

Subscribe for Maritime Logistics Professional E‑News

The Moroccan energy ministry halts gas projects
Video shows that IS militants with guns roamed the airport tarmac freely during Niger attack
Air India grounded Boeing Dreamliner after possible fuel control switch defect