Siemens 2006 Annual Report Download - page 42

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Regional Highlights
42
Asia-Pacific
We achieved steady growth in Asia-Pacific. China
is now our third-largest market, after Germany and
the United States. Our technology is substantially
improving infrastructures and the quality of urban
life for people in countries throughout the region.
China
China’s Ministry of Railways
ordered 60 high-speed trains
from Siemens in November
2005. The trains, which reach
peak speeds of 300 km/hr,
will be built primarily in China.
They’ll start running on the
Beijing-Tianjin line in 2008,
with deployment on other
lines to follow. The order has
a total value of €669 million.
Pakistan
In the harbor city of Karachi,
we’re building a combined cy-
cle power generation and sea-
water desalination plant. The
new facility, the first of its kind
in the country, will have an in-
stalled capacity of 85 MW and
produce 14 million liters of
drinking water daily. The €61-
million project is scheduled for
completion in June 2007.
India
Our Industrial Solutions and
Services Group was awarded a
€68-million contract to supply
a five-meter-wide plate rolling
mill for the new steel plant
under construction by Jindal
Steel & Power Limited (JSPL) in
Angul, Orissa. The plant, which
is part of JSPL’s broader invest-
ment strategy in connection
with India’s current steel man-
ufacturing boom, will enable
the company to enter the
plate steel market for the first
time.