GE in Saudi Akram Hamad President & CEO GE Gulf. 2 GCC Growth Drivers.

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Presentation transcript:

GE in Saudi Akram Hamad President & CEO GE Gulf

2 GCC Growth Drivers

4 GE’s four business segments Market leadership Domain expertise Competitive advantage Financial strength GE Technology Infrastructure ~$46B GE Energy Infrastructure ~$38B NBC Universal ~$17B GE Capital ~$67B *FY 2007 revenues GE is a family of businesses aligned with our customers’ needs, acting as one company to drive growth

5 GE in Saudi Arabia Three GE Healthcare training & support centers GE Water & Process Technologies chemical blending facility GE CoE-manufacturing gas turbine parts in JV with MEELSA GE Sensing JV with SASSCO ‘GET Water’ mobile water desalination systems in Jeddah & Dammam Fast Facts Employees: 780 Revenues: ~ $3 billion Locations: 6

6 Building a talent pipeline of expertise; a growing local workforce of high expertise, focus on skills development, training and R&D GE Healthcare GE Energy Building a ‘Saudi GE’ PartnershipsLocalization Knowledge Transfer Establish relationships with ‘one government’ by addressing needs and matching the GE offering – “Country to Company Strategy”: Saudi Arabia Create a series of investments & developments programs – Building capacity and capability - Build local service workshops, assembly plants in Partnerships with Private sector

7