Siemens to Take Part in $5.6 Billion in Argentine Infrastructure Projects
Source: The Wall Street Journal
By: Taos Turner
German industrial conglomerate Siemens AG signed a letter of intent on Wednesday to participate in up to $5.6 billion of energy, transportation and infrastructure projects in Argentina, Chief Executive Joe Kaeser said.
Mr. Kaeser, who made the announcement at a business forum in Buenos Aires, said Argentine President Mauricio Macri is rapidly overhauling the country’s economy and that now is the time to invest there.
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