GE Sets Sights on Infrastructure

GE Sets Sights on Infrastructure

People Corporate & Sovereign Strategy

GE is decreasing its finance unit’s global footprint and redeploying efforts to infrastructure, says Rafael Diaz-Granados, president and CEO of GE in Mexico. This does not mean the company plans to shut down GE Capital, as the CEO says it will focus more on corporate financing. GE sees infrastructure opportunities as a growth area, and Diaz-Granados says GE Mexico is working on projects with Pemex as well as the Punta Colonet port. GE Capital earned about $9bn in 2008 and while financial service

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