06/23/2009 17h07

Siemens foresees selling US$ 20.5 bi to governments

DCI

After GE has announced a new area to cater to Governmental projects in infrastructure all over the world, it is now the time of the German Siemens to direct efforts in order to cater to the same business segment and it expects to receive new orders of nearly R$ 41 bi (US$ 20.5 billion) within the next three years. According to the plan of the company, Brazil should participate with R$ 1 bi (U$ 500 million) of such amount. The environmental technologies will be responsible for 40% of those amounts, what should represent nearly R$ 17 billion (US$ 8.5 billion) of the total.

For the president and CEO of the company, Peter Löscher, these programs are sending the right signal and in view of the situation of the worst economic crisis in decades, the Governmental measures are at least absorbing, in part, in some cases, the rough falls in the demand of the private sector. The executive has also affirmed the incentive programs should have a stabilizing effect in the business of the company. In addition to that, he affirmed, the Governmental programs will protect jobs all over the world.

The economic global crisis led to programs of incentive of nearly R$ 5.5 tri (US$ 2.75 trillion) and nearly one-third of that total is intended for investments in infrastructure projects. The total volume planned for Governmental expenses that interest Siemens get to nearly R$ 410 billion (US$ 205 billion) within the next three years in which the segment of environmental technologies stand out. In Brazil, Siemens looks towards the generation of clean and renewable energy and the increasing domestic demand for ecologic efficiency like treatment of water with projects of R$ 10 bi (US$ 5 billion) in sanitation.