/Siemens aims for active role in rebuilding war-torn Iraq

Siemens aims for active role in rebuilding war-torn Iraq

DW: When one sees images of the war-torn locations of Iraq, there is little to motivate hope. What offers you wish that the nation can be reconstructed?

Joe Kaeser: The nation has actually undergone enormous chaos and also its individuals are worthy of tranquility, liberty and also a much better life. The federal government is establishing the training course for this by carefully combating horror and also promoting financial development via an enthusiastic reform program. Procedures consist of speeding up repair initiatives, establishing human resources and also producing work.

The Iraqi government estimates the cost of reconstruction at around $88 billion (€71.1 billion), with $22 billion required in the prompt temporary for emergency situation help. Investments in real estate and also framework are quickly required. Just how can Siemens assist?

Siemens is honored and also we are happy to be component of Iraq’s future, equally as we have actually belonged to its past, while we never ever left, additionally not in one of the most challenging times. After greater than 8 years of working with crucial framework jobs in Iraq along with our neighborhood companions, we are well-positioned to sustain the nation’s change in the direction of a steady and also flourishing economic climate.

Nonetheless, we do not see our function limited to being an innovation companion, however one that additionally promotes funding services for jobs and also adds to neighborhood abilities advancement via education and learning and also training. Iraq’s young populace, its boosted security and also management, and also its wide range in natural deposits produce a solid structure on which to develop a flourishing culture and also create a terrific future for the nation and also its individuals.

picture of Siemens CEO Joe Kaeser

Joe Kaeser has actually been president (Chief Executive Officer) of Munich-based Siemens AG considering that July 2013

There are apparently 157 jobs for which Iraq is trying to find personal financial investment. Can you inform us what type of jobs are we speaking about and also which ones are of specific passion to Siemens?

We lately authorized a variety of solution agreements with the Iraqi Ministry of Electrical Power. The most recent consists of upkeep and also upgrade solutions for 7 power creating devices inside 4 nuclear power plant, situated in the locations of South Basra, Salah El Deen, Center Area and also Center Euphrates. This task will certainly boost the dependability and also performance of these devices, assisting them jointly produce greater than 1,000 megawatts (MW) of power – 400 MW greater than is being created today – conserving as much as 10 percent in gas intake.

This suffices to provide about 3 million Iraqis with dependable electrical power. Well, we could not just generate electric power however could additionally transfer and also disperse them in an extensive means. There is nothing else business in the room which could do all elements – power generation, transmission and also circulation – from one hand. This “one-stop-shop” is really practical and also risk-free for our clients to obtain guarantee for a work well done. Nonetheless, Siemens could additionally sustain the nation’s advancement throughout various locations that are important to lasting financial development. These consist of transport, health care, developing modern technologies and also smart city framework.

Learn More:  No time to rest as Siemens prepares for the future

The financial investment environment in Iraq is certainly much less compared to perfect presently. German Advancement Priest Gerd Müller has actually currently talked in Kuwait of extreme bureaucracy, nontransparent tendering procedures and also widespread corruption. Why have such concerns not quit you from obtaining associated with Iraq?

We have actually been companions to the Iraqi individuals for greater than 80 years. We constantly remained, never ever left and also have actually come to be a relied on and also dependable companion. We do assist culture and also we make great on just what we guarantee. Equally as we performed in Egypt with our mega-project, providing 3 of the globe’s biggest nuclear power plant of their kind in document time, we could do the exact same in Iraq. The Iraqi federal government and also individuals could rely on Siemens as a solid and also dependable companion to sustain the nation’s advancement objectives.

Siemens currently concurred an extensive power collaboration with the Iraqi federal government in March2016 Just how much down the roadway are those jobs and also to just what degree can they be connected to the brand-new ones?

We are really qualified and also knowledgeable to bring dependable, budget-friendly and also lasting power to every person of Iraq. This is the foundation of the nation’s social and also financial advancement. Safeguarding accessibility of electrical power is most likely Iraq’s most significant obstacle today. We understand the electrical power grid is under incredible anxiety, specifically throughout the summer season. With need for electrical power boosting quickly yearly, Iraq would certainly have to improve the nation’s power creating capability by 40 gigawatts (GW) by2025 Consequently, a transformational technique is needed, led by brand-new jobs that consist of quick and also dependable power supply, modern technology upgrades in addition to restoring and also upscaling the existing power grid.

Our tested modern technology is currently being released in several nuclear power plant in Iraq. We are honored that our clients in Iraq are really pleased with these jobs and also eagerly anticipate doing extra.

Siemens has actually done a research of the nation’s power landscape in Iraq and also created an extensive strategy to resolve its difficulties, from a technical in addition to from a funding viewpoint. We have neighborhood expertise, however additionally dependable and also checked modern technology that could sustain the nation’s power needs for the brief, tool and also long-lasting. We understand just what should be done to update the power system in a financially enhanced means and also deal to function together with the Iraqi federal government making this a truth in a brief time period. We have actually done mega-projects between East, carried out in globe document time. So we have outstanding neighborhood experience and also understand exactly how below in the area.

The meeting was performed by DW company editor Henrik Böhme.