ge’s growth in emerging markets middle east & africa nabil
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GE’s Growth in Emerging MarketsMiddle East & AfricaNabil HabayebPresident & CEO,GE Middle East & AfricaJune 28, 2005
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The region…. MEAPopulation• Population 1020MM.... 2.2% growth
• > 50% of population below 24 years
GDP Trends• 75 countries... 1.3Tr+ 2004 GDP
• GDP growth rate above 4.5%
1%
2%
3%
4%
5%
6%
'99 '00 '01 '02 '03
Middle East
Africa
Europe
USA
GE Presence
AlgeriaLibya
Saudi
R.S.A
Nigeria
Egypt
Senegal
UAE
Qatar
Kenya
Tunisia
Morocco
Sudan
Congo
ChadNigerMali
C.A.R
Angola
Namibia
Ethiopia
Mau
ritan
ia
CameroonGhana
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Source: BP Statistical Review of World Energy
World Oil Reserves
RoW39%
MEA61%
MEA Growth Drivers:Energy Resources – Proven Oil Reserves
300 100 50 10 4 1 .1
Billion Barrels
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MEA Growth Drivers:Energy Resources – Proven Gas Reserves
World Gas Reserves
RoW67%
MEA33%
900 500 200 100 40 1 .1
Trillion Cubic Feet
Source: BP Statistical Review of World Energy
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MEA Opportunities:Utilization of Energy Resources
Modern RefineryLNG Plant
> $1Trillion Energy Investment
by 2030
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1960s
MEA Opportunities:Infrastructure Transformation in Dubai
1990s
2004 and Beyond
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MEA 60% ofWorld’s Desal
124GW of Power by 2015
MEA Opportunities:Infrastructure Transformation - Water & Electricity
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MEA Opportunities:Infrastructure & Social Transformation
Health Care
Tourism
Transportation
Education
2%+ PopulationGrowth Rate
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MEA Opportunities: 2005-10($ Billions, cumulative)
Accessible
90-100
Total Spend
300-375
BD opportunities for profitable expansion
Water - $13B+• Power Plants + Water Technologies• MENA with scarce fresh water resources• Drinking, irrigation, industrial & waste water
Energy - $50B+• Rapidly growing power needs (>62GW)• Gas monetization... LNG, GTL & Pipelines• Energy delivery: regional power pools
Transportation - $16B+• 400+ planes• Saudi, Kenya Railway projects
Other - $11B+• Healthcare infrastructure development• Security Systems• Consumer & Industrial
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GE Lightspeed VCT – MEA
First genuine 64 slice system
New Industry StandardsLNG Train - Qatar
Largest in the World (8MM Tons/Year)
Product
GE 90 – 115B - Emirates
The World’s Most Powerful Engine67 Engines Order by Emirates Airlines
MEA Road Map to Growth
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New Industry Standards
“Company to Country” Solutions
Product
MEA Road Map to Growth
GasPower GenWaterTransportHealthEducationEnvironmentAsian GamesOther - Various
Accessible $B People
GEE
3.7175-215
GET
2.020-25
GEI
1.016
Other
0.214
Qat
ar N
eeds
GE PortfolioQatar
Qatar Innovation Center
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New Industry Standards
“Company to Country” Relationships
Cross Business IB – Water Scarcity
Product
+
GE Energy GE Water
MEA Road Map to Growth
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New Industry Standards
“Company to Country” Relationships
Cross Business IB – Water Scarcity
Regional Financing Capabilities
Product
MEA Road Map to Growth
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Strict Commercial & Operational Processes
Security of Our People
Regional Audit Staff
Process
MEA Road Map to Growth
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Team Focused on Growth & Uncovered SpaceCommercial Development ManagersCross Business Desalination TeamCommercial FinanceFinanceLegalHR
People
MEA Road Map to Growth
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Team Focused on Growth & Uncovered Space
Local & Diverse Talent
Building the Pipeline
Financial Management Program
Experienced Commercial Leadership Program
Region Corporate Audit Staff
People
MEA Road Map to Growth
Team Focused on Growth & Uncovered Space
Local & Diverse Talent
Building the Pipeline
Corporate Citizens in the Mid East
GE Elfun – Mid East GEWN – Mid East
People
MEA Road Map to Growth
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GE Embraces Its Corporate Responsibility
Project QuenchGE donates power, medical and water equipment to hospitals and clinics in Africa to reduce child mortality rates and improve delivery of healthcare
GE PartnersAssist International, Plan International, Plan Ghana
Phase IPrimarily Medical equipment and water delivery systems
Phase IIMore complete water treatment solutions including RO technology and water distribution systems
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Summary:
MEA…… Growing Faster Than Many Regions Around the World…..….
…. Driven by the Need To: - Deliver Region’s Energy Resources Globally
- Invest in Infrastructure Transformation
- Address Social Challenges
…. Uniquely Positions GE Portfolio to Deliver on- “Country to Company” and “Customer to Company” Solutions
…. Through Partnership, Localization, and Knowledge Transfer