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Thai projects to be a boon for German tech giant Siemens.

Bangkok Post (Bangkok, Thailand)

| December 03, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Charoen Kittikanya

Dec. 3--The German-based technology giant Siemens foresees brisk business next year, particularly in transport systems, power and export-based industries, thanks to the government's policy to start numerous state-owned mass transit projects and alternative energy developments.

"We expect to grow in all of our business activities we get involved in next year," said Dr Ockert Van Zyl, Siemens' president and CEO for Thailand.

"But the sectors we believe will see big growth are in particular the transport system, power [generation, transmission and distribution] and automation and control in which we project double-digit ...

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Source: HighBeam Research, Thai projects to be a boon for German tech giant Siemens.

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