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Siemens eyes mega rail projects: German firm aims to enter bidding round.

Bangkok Post (Bangkok, Thailand)

| December 02, 2005 | COPYRIGHT 2005 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: Soonruth Bunyamanee

Dec. 2--German engineering giant Siemens is preparing to compete with international bidders for contracts for a 10-line integrated mass-transit rail system worth 550 billion baht initiated by the Thai government.

"We are closely monitoring the issue's development. What we want to know firstly is the terms and conditions of the bidding process," said Lothar Herrmann, the newly-appointed president and chief executive officer of Siemens Ltd.

The integrated mass-transit rail system has been planned to cover most of Bangkok and its surrounding areas by the government, to improve urban communication and ease traffic ...

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