Siemens confirms deal for future energy and transport projects with Ethiopian government

The Germany-based firm, Siemens, has confirmed an agreement for future energy and transport projects with the Ethiopian government, according to Global Construction Review.

It is expected that in addition to undertaking projects, Siemens will also be involved in financing them and training Ethiopian technicians to operate them.

“We will apply our vast experience and proven technologies as well as training and education capabilities to help shape the future of Ethiopia and its people,” said Joe Kaeser, Siemens’ chief executive. “One of the starting projects affirming our strong commitment in the region is the East Africa Interconnector.”

SEE ALSO:

• Siemens is set to acquire KACO new energy to enhance its manufacturing capabilities

• Siemens and Cathay Pacific Services enter into cooperation in Hong Kong

• Siemens agrees $1.92bn deal to develop 94 trains for London Underground

• Read the latest issue of Manufacturing Global here!

Responsible for the 1,000km interconnector, which will allow Ethiopia to export up to 2GW of its electricity to Kenya, Siemens will also be involved in increasing the national grid, finding specific energy solutions for Ethiopia’s wave of industrial parks as well as finding micro-grid solutions for remote villages.

“This milestone agreement is another step in demonstrating our strong commitment to the people and government of Ethiopia,” said Sabine Dall’Omo, Siemens’ chief executive for southern and eastern Africa. “We are here today as we have been since 1927, to help achieve affordable and reliable power supply, create jobs, increase access to training and develop local skills alongside local partners.”