In a move that takes the roadmap for rebuilding Iraq’s power sector a step further, Siemens and the Ministry of Electricity of the Republic of Iraq have signed an implementation agreement. This builds on the exclusive Memorandum of Understanding signed between the ministry and Siemens in October last year, and outlines the specific projects, associated budgets and timelines for the execution phase, covering all essential elements of the electrification of Iraq. The document was signed in Berlin by Joe Kaeser, president and CEO of Siemens, and Luay al-Khatteeb, Iraq’s Minister of Electricity.
The ‘Siemens Roadmap for the Electrification of the New Iraq’ is a series of short, medium and long-term plans designed to meet the reconstruction goals of and support the country’s economic development. Along with the electrification scope, Siemens had also committed to the donation of a smart health clinic, a $60 million software grant for universities of Iraq, and the training of more than 1000 Iraqis in vocational education.
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