Siemens to Run $5.6 Billion in Argentina Infrastructure Projects

  • Company agrees to provide 3.1 billion euros in financing
  • CEO Kaeser says plan is to create 3,000 jobs in the country

Siemens AG, the German industrial giant, will work with Argentina on 5 billion euros ($5.6 billion) worth of infrastructure projects, underscoring the effort by the nation’s president, Mauricio Macri, to win over global business leaders.

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