FRANKFURT, Aug 22 (Reuters) - German engineering conglomerate Siemens and rail operator Deutsche Bahn plan a joint entry into the U.S. rail business, spokesmen for the two companies said on Saturday.
The two companies aim to profit from President Barack Obama's plan to expand U.S. rail infrastructure, which is part of the country's economic programme, the spokesmen said.
German magazine Der Spiegel also reported on Saturday that Siemens would supply high-speed ICE-3 trains and transport technology, while Deutsche Bahn would operate the rail links.
The magazine said the U.S. government plans 11 projects to build out its rail system, including high-speed rail links between major centres such as Miami and Orlando or San Francisco and Los Angeles.
(Reporting by Georg Merziger, Writing by Jonathan Gould; Editing by Keiron Henderson) Keywords: SIEMENS/DEUTSCHEBAHN (Reuters Messaging: jonathan.gould.reuters.com@reuters.net; +49 69 7565 1242) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The two companies aim to profit from President Barack Obama's plan to expand U.S. rail infrastructure, which is part of the country's economic programme, the spokesmen said.
German magazine Der Spiegel also reported on Saturday that Siemens would supply high-speed ICE-3 trains and transport technology, while Deutsche Bahn would operate the rail links.
The magazine said the U.S. government plans 11 projects to build out its rail system, including high-speed rail links between major centres such as Miami and Orlando or San Francisco and Los Angeles.
(Reporting by Georg Merziger, Writing by Jonathan Gould; Editing by Keiron Henderson) Keywords: SIEMENS/DEUTSCHEBAHN (Reuters Messaging: jonathan.gould.reuters.com@reuters.net; +49 69 7565 1242) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.