Middle class 'to drive infrastructure growth' | Bangkok Post: business

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Middle class 'to drive infrastructure growth'

GE shifts focus from financial to substantial

  • Published: | Viewed: 1,340 | Comments: 1
  • Newspaper section: Business
  • Writer: Chiratas Ninvatpumin & Busrin Treerapongpichit
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The steady growth of the middle class across the globe will help to drive infrastructure demand over the next several years, says John Rice, the vice-chairman of GE. 

Many firms do financial services, but only a few make jet engines or use3D printers, says Mr Rice. APICHART JINAKUL

Mr Rice, also president and chief executive of GE Global Growth and Operations, said GE expects to see 10-15% growth in emerging markets over the medium term.

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