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Beijing, China, June 6-7, 2018
The Belt & Road International Summit 2018
Siemens entered into more than ten agreements with Chinese partners in support and exploration of opportunities from the Belt and Road Initiative (BRI). At the Belt and Road International Summit held by Siemens on June 6, 2018, more than 1,000 leaders and executive representatives from governments, enterprises, investors, financing institutions and think tanks from more than 30 countries and regions gathered. The cooperation, signed with a number of leading Chinese enterprises covers power generation, energy management, building technology and intelligent manufacturing, and it targets market potentials of countries and regions such as Indonesia, the Philippines, Nigeria, Mozambique as well as South America.
Summit Live Broadcasting
Views from Siemens Management
China’s Belt and Road Initiative builds on the trend of promoting cooperation and mutual benefits. It presents a more open and inclusive image of China to the world, and brings increased opportunities for global economic growth and common development.
With a comprehensive portfolio, global footprint, leading innovations and financial solutions, Siemens can drive forward global cooperation and co-creation which will benefit all involved. By 2017, Siemens had joined forces with over 100 Chinese EPCs (Engineering, Procurement and Construction) to explore opportunities in more than 100 markets worldwide.
“Siemens strongly relates to the concept behind BRI - connecting people and economies with transnational solutions, and helping societies prosper in multiple regions of the world. Our commitments to BRI are all-round,” said Cedrik Neike, Member of the Managing Board, Siemens AG.
Siemens has announced the set-up of a dedicated Belt and Road office in Beijing. It will further intensify company-wide efforts to continue teaming up with global partners and jointly exploring business opportunities emerging from the Belt and Road Initiative (BRI) proposed by China.
Belt and Road Initiative has not only become a “hot word” in this era, but actually supported the growth of global trade, and provided strong impetus for the development of globalization.
Siemens highly recognizes the concept of the Belt and Road Initiative. “Global management team of Siemens has been attaching great importance on how to participate in the Belt & Road construction more actively," said Herrmann. In the process of jointly building the Belt and Road Initiative, Siemens is willing to establish in-depth partnerships, meaning that the enterprise is not only a supplier, but also a co-explorer undertaking risks and sharing success.
Views from Opinion Leaders
Siemens Core Competence
With cutting-edge technologies, a comprehensive portfolio, financial solutions, flexible service models and a global network covering over 200 countries, Siemens cooperates with Chinese EPCs in fields including infrastructure, power, oil & gas, chemicals, and industry. Utilizing its innovative digital solutions, Siemens is supporting the build-up of a digital silk road for the 21st century. By 2017, Siemens had worked with over 100 Chinese companies to explore opportunities in over 100 countries across six continents.
Turkey, which spanning both Asia and Europe, was the destination of traders on old Silk Road in ancient times. As a crucial bridge linking the West and the East along the “Silk Road Economic Belt” today, Turkey has been actively participating in the BRI as a member of the Asian Infrastructure Investment Bank.
In Kazan, northwest of Turkey’s capital city Ankara, China Tianchen Engineering Corporation (TCC) has helped construct one of the world’s largest soda ash factories as turnkey EPC contractor.
In Kazan CHP Plant project, Siemens supplied a tailor-made cogeneration solution including a gas turbine, a steam turbine, two generators, DCS system, transformers and related electrical equipment for TCC.
China National Machinery Import & Export Corporation cooperated with NWPGCL to build three combined cycle power plants (CCPP) at Sirajganj of Bangladesh
Siemens Financial Services worked with other parties to help Sirajganj III benefit from a multi-sourcing financing structure
Siemens Bank provided loans to the project and helped to achieve financial close
Siemens cooperated with SSC to build an automated water pipeline for the Ministry of Agriculture of Saudi Arabia
The owner hoped to build a high-quality water pipeline that could run stably in a long term with automatic operation and management
Siemens, as the MAV, delivered the Totally Integrated Automation solutions
Siemens cooperated with ZIEI to support Myanmar Electric Power Company to expand the Bayint Naung substation
Thanks to the expansion, the substation can meet the demands of 20% of the areas
Siemens provided seven categories of products including 230 kV main transformers and comprehensive protection systems
Khalifa Port in Abu Dhabi is the largest and most automated port in the Middle East
Siemens cooperated with ZPMC to provide automation equipments, including Sinamics S120 drives, to China COSCO Shipping’s Khalifa Port Phase 2 automatic wharf project
By 2020, the annual capacity of the whole Khalifa Port is expected to reach 6 million standard containers resources
10 photo stories illustrate Siemens global stories on BRI
From Belarus Berezovskaya to Panama, Siemens helps Chinese enterprises go global
By 2017, Siemens had worked with over 100 Chinese companies to explore opportunities in over 100 countries and regions across six continents