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Cairo, March 2, 2017

Siemens celebrates major milestone in Egypt megaproject

•   Siemens reinforces its commitment to sustainable development of Egypt’s power sector
•   Additionally, company partners with BMZ to support vocational and occupational training in Egypt: more than 5,500 Egyptians being trained

German Chancellor Angela Merkel and Egyptian President Abdel Fattah El-Sisi symbolically inaugurated the first phase of Siemens’ megaproject in Egypt today. The event marks an important milestone towards the completion of the project, which will boost the country’s power generation capacity by 45 percent when finished. Together with its local partners, Orascom Construction and Elsewedy Electric, Siemens broke all records in modern power plant construction by connecting 4.8 gigawatts (GW) of new capacity to the grid in only 18 months after the signing of the contract for the company’s biggest single order ever.

The full text of the press release can be found in the attached PDF.

This press release is available at
www.siemens.com/press/PR2017030210PGEN
For further information on Division Power and Gas, please see
www.siemens.com/about/power-gas
For further information on the megaproject in Egypt, please see
www.siemens.com/press/energy-for-egypt


Contact for journalists:
Christian Wilson
Phone: +49 89 636-22642; E-mail: christian_stuart.wilson@siemens.com

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Siemens AG
Communications
Head: Clarissa Haller

Wittelsbacherplatz 2
80333 Munich
Germany
 
Reference number: PR2017030210PGEN

Siemens Aktiengesellschaft: Chairman of the Supervisory Board: Gerhard Cromme; Managing Board: Joe Kaeser, Chairman, President and Chief Executive Officer; Roland Busch, Lisa Davis, Klaus Helmrich, Janina Kugel, Siegfried Russwurm, Ralf P. Thomas; Registered offices: Berlin and Munich, Germany; Commercial registries: Berlin Charlottenburg, HRB 12300, Munich, HRB 6684; WEEE-Reg.-No. DE 23691322

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