Siemens eyes reconstruction projects in Middle East, asks Trump for equal treatment

On Thursday, Joe Kaeser, Siemens’ Chief Executive disclosed, he perceived a more positive mood among his client.

“They are getting more optimistic for the second half of the year than they have for the first half and actually 2019,” said Kaeser in an interview on the sidelines of the World Economic Forum annual meeting in Davos.

He went on to add, Siemens, which employs 60,000 people directly in the United States, should be treated equally to U.S. companies when it came to reconstruction projects in the Middle East, and called on the German government to boost infrastructure spending.

“We have good American workers, working for us in the U.S. If we go to Iraq and if we go to Syria and we help rebuild those countries, I want to be treated as a U.S. company going out to help these people,” said Kaeser.

He has raised the issue with U.S. President Trump at a dinner.

Categories: Creativity, Economy & Finance, Entrepreneurship, Geopolitics, HR & Organization, Regulations & Legal, Strategy

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