Klaus Kleinfeld had a solution to one of the world's pressing problems. For the first time in human history, more people live in cities than in a rural environment. This massive urbanization is taxing public infrastructure, such as roads, railways, health-care systems, power networks and water resources. In the old industrial countries, infrastructure is aging. In the developing world, the infrastructure needed to sustain a modern economy often doesn't exist. A study by Booz Allen Hamilton concludes that from now until 2030, the world will spend $41 trillion just to maintain infrastructure at current levels. Kleinfeld, 49, the CEO of Siemens,...
Siemens Goes Mega
The loss of CEO Klaus Kleinfeld won't derail his plan to make it the world's infrastructure source
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