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    BD Live: Siemens Signs $9bn Power-Plant Deal with Egypt

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Summary

Siemens has received its biggest order ever, a $9 billion gas and wind power plants order for Egypt

by: Erica Mills

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Press Notes, Africa

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BD Live: Siemens Signs $9bn Power-Plant Deal with Egypt

Siemens AG received an order on Wednesday to build gas and wind power plants in Egypt valued at $9bn, which the German company described as the largest single order in its history.

Siemens signed contracts for the order, which will boost Egypt’s power production, with Egyptian President Abdel Fattah al-Sisi on Wednesday at Germany’s federal ministry for economic affairs and energy.

Read the full article HERE.

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