Siemens and Samsung C&T Corporation's Engineering & Construction Group have announced a significant long-term strategic partnership.
This collaboration aims to merge Samsung C&T's global expertise in engineering, procurement, and construction (EPC) with Siemens' advanced technologies, including automation, digitalization, electrification, and integrated infrastructure intelligence.
Evolving Market Needs
The cooperation signifies both companies' dedication to exploring, assessing, and executing transformative infrastructure projects internationally. By focusing on delivering customer-centered value propositions, the partnership intends to meet evolving market conditions and specific project requirements.
This initiative promises to enhance the competitiveness and market reach of both organizations through early and collaborative engagement in global infrastructure opportunities.
A Shared Vision for Future-Ready Infrastructure
Siemens will employ its vast Smart Infrastructure and Digital Industries portfolio under the ONE Tech
Initially, Samsung C&T and Siemens have pinpointed next-generation infrastructure projects in regions, such as Saudi Arabia, Canada, and Thailand.
Targeting sectors, such as airports, hospitals, data centers, and buildings, these projects aim to stimulate joint innovation and ensure excellence in delivery.
Siemens will employ its comprehensive Smart Infrastructure and Digital Industries portfolio under the 'ONE Tech Company' strategy. This includes offerings like Building X, Electrification X, Gridscale X, prefabricated e-houses, Industrial Metaverse applications, and blue GIS technologies, all poised to enhance design optimization, efficiency, and performance.
Future of Sustainable and Digital Infrastructure
Stephan May, CEO of Electrification & Automation at Siemens, stated, “This partnership marks a significant milestone in our mission to redefine how next-generation infrastructure is designed and delivered. By combining Siemens’ integrated technology portfolio with Samsung C&T’s proven EPC expertise, we are shaping the future of sustainable and digital infrastructure that truly meets the evolving needs of our global customers.”
Hojin Jung, Executive Vice President and Head of Corporate New Business at Samsung C&T Corporation, commented, “This collaboration with Siemens reflects our shared commitment to innovation and excellence. Together, we will deliver smarter, safer, and more sustainable infrastructure solutions – bringing tangible value to our customers and communities around the world.”
