Siemens wants to participate in developing high-speed railways in Vietnam

On the occasion of attending the 16th Annual Pioneers Meeting of the World Economic Forum and working in China, on June 25^th, in Tianjin City, Prime Minister Pham Minh Chinh worked the leaders of Siemens Group (Germany).

Mr. Peter Koerte affirmed that Siemens wants to participate in infrastructure development projects, especially high-speed railway development in Vietnam - Photo: VGP/Nhat Bac

Mr. Peter Koerte, member of the Board of Management, Chief Technology Officer and Chief Strategy Officer of Siemens Group, said that Siemens is a global technology corporation in the fields of industry, infrastructure, transportation and healthcare; currently is focusing on pioneering in the field of industrial AI, with revenue in 2024 reaching 75.9 billion euros and having about 312,000 employees worldwide.

Siemens officially established a branch in Vietnam since 1993 and currently has 3 offices in Hanoi , Da Nang and Ho Chi Minh City, and a factory in Binh Duong. Mr. Peter Koerte said that Siemens wants to participate in infrastructure development projects, especially the development of high-speed railways in Vietnam.

Appreciating the effective investment activities of Siemens Group globally and in Vietnam, Prime Minister Pham Minh Chinh welcomed the Siemens Group's desire to expand investment and business in Vietnam, especially in the field of infrastructure, one of the breakthrough priorities for Vietnam's socio-economic development in the coming period.

The Prime Minister welcomed Siemens Group's desire to expand investment and business in Vietnam.

Providing information on the vision, programs, and plans for Vietnam's infrastructure development, including roads, railways, aviation, and maritime to effectively exploit development spaces, including ground space, underground space, sea space, and outer space, the Prime Minister said that Vietnam has reformed its institutions, with many open mechanisms and policies, creating favorable conditions for businesses to invest with a wider scope and more open mechanisms. He requested Siemens Group to closely coordinate with relevant ministries, branches, and localities to concretize cooperation.

The Prime Minister welcomed Siemens' interest in Vietnam's high-speed railway project, saying that in addition to this project, Vietnam is investing in building railway lines connecting with China to Central Asia and Europe; and suggested Siemens cooperate with ministries, sectors, and the Vietnam Railway Corporation.