Germany’s Siemens AG is pursuing major infrastructure projects inVietnam, the Vietnam Investment Review (VIR) reported on June 11.
Thepaper quoted Roland Busch, a member of Siemens AG’s managing board andCEO of Siemens Infrastructure & Cities, as saying at last week’sSingapore-based World Cities Summit that his company was “finding morepartners and will not miss any investment and business opportunities inVietnam”.
He said Siemens AG was discussing investmentopportunities with Vietnamese leaders and heads of cities in metroexpansion, smart traffic system management, power supply and energyefficient buildings. “If these solutions are applied, the VietnameseGovernment and public could save significant sums of money.”
AndreasMehlhorn, head of Siemens AG’s IT Solutions, Mobility and Logistics,told VIR that Siemens had been pursuing the Metro Line 2 project in HoChi Minh City since 1993, “and we’re also working with the city’sauthorities in developing the proposal for a feasibility study for atraffic control centre in Vietnam’s fastest growing city.”
UnderSiemens’ Metro Line 2 study, the 10.2 kilometre metro line will runmostly underground beneath the busiest parts of the city and potentiallyhandle 2 million passengers a day.
The project, mainly constructed of recyclable materials, should lead to 1,100 tonnes of carbon dioxide (CO2) savings per day.
“Currently,the city has a population of around 10 million people and still lacks amass transit system. Public transport and an intelligent trafficmanagement system are keys to resolving this dilemma,” Mehlhorn said.
Siemenshas worked on metro systems throughout the world, including Singaporewhere Siemens’ signalling and electrification systems have been used.
Arecent Siemens-commissioned study conducted by London-based consultingfirm Credo on transportation networks in 35 major cities around theglobe released last week revealed that if the cities implementedrelative “best in class” standards, they could gain economic benefits ofup to 238 billion USD annually by 2030.
“The big opportunity forVietnam is to apply the experience of the world’s leading citieswithout having to upgrade or alter much in the way of existinginfrastructure – particularly so with the metros. It will requiresignificant investment over the long term, but the opportunities forVietnam to develop world class transportation systems in its majorcities are highly significant,” Predo’s partner Chris Molloy told VIR.
Siemenscurrently has a factory in the southern province of Binh Duong makingbusbar trunking systems which are exported to over 50 countries.
“We will invest more to increase the output thanks to the growing global demand,” Mehlhorn said.
SiemensVietnam’s CEO Pham Thai Lai also said the company would contribute tohelping ease Vietnam’s severe power shortage through participation inthe 720 megawatt Phu My 3, the 1,500MW Ca Mau 1 and 2, and the 750MWNhon Trach combined-cycle power plants. Siemens’ technologies have alsobeen widely applied in the healthcare, metallurgy, cement, paper, foodand beverage sectors.-VNA
Thepaper quoted Roland Busch, a member of Siemens AG’s managing board andCEO of Siemens Infrastructure & Cities, as saying at last week’sSingapore-based World Cities Summit that his company was “finding morepartners and will not miss any investment and business opportunities inVietnam”.
He said Siemens AG was discussing investmentopportunities with Vietnamese leaders and heads of cities in metroexpansion, smart traffic system management, power supply and energyefficient buildings. “If these solutions are applied, the VietnameseGovernment and public could save significant sums of money.”
AndreasMehlhorn, head of Siemens AG’s IT Solutions, Mobility and Logistics,told VIR that Siemens had been pursuing the Metro Line 2 project in HoChi Minh City since 1993, “and we’re also working with the city’sauthorities in developing the proposal for a feasibility study for atraffic control centre in Vietnam’s fastest growing city.”
UnderSiemens’ Metro Line 2 study, the 10.2 kilometre metro line will runmostly underground beneath the busiest parts of the city and potentiallyhandle 2 million passengers a day.
The project, mainly constructed of recyclable materials, should lead to 1,100 tonnes of carbon dioxide (CO2) savings per day.
“Currently,the city has a population of around 10 million people and still lacks amass transit system. Public transport and an intelligent trafficmanagement system are keys to resolving this dilemma,” Mehlhorn said.
Siemenshas worked on metro systems throughout the world, including Singaporewhere Siemens’ signalling and electrification systems have been used.
Arecent Siemens-commissioned study conducted by London-based consultingfirm Credo on transportation networks in 35 major cities around theglobe released last week revealed that if the cities implementedrelative “best in class” standards, they could gain economic benefits ofup to 238 billion USD annually by 2030.
“The big opportunity forVietnam is to apply the experience of the world’s leading citieswithout having to upgrade or alter much in the way of existinginfrastructure – particularly so with the metros. It will requiresignificant investment over the long term, but the opportunities forVietnam to develop world class transportation systems in its majorcities are highly significant,” Predo’s partner Chris Molloy told VIR.
Siemenscurrently has a factory in the southern province of Binh Duong makingbusbar trunking systems which are exported to over 50 countries.
“We will invest more to increase the output thanks to the growing global demand,” Mehlhorn said.
SiemensVietnam’s CEO Pham Thai Lai also said the company would contribute tohelping ease Vietnam’s severe power shortage through participation inthe 720 megawatt Phu My 3, the 1,500MW Ca Mau 1 and 2, and the 750MWNhon Trach combined-cycle power plants. Siemens’ technologies have alsobeen widely applied in the healthcare, metallurgy, cement, paper, foodand beverage sectors.-VNA
