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FINANCIAL NEWS
GE aims to grow its ops in Qatar
22 May 2017
(MENAFN) General Elect, the global conglomerate which has emerged as a main solutions partner for the region, is aiming to increase its operations in Qatar.
Accordingly, Qatar is important for GE and its relationship with the nation is special, while GE has big investments in Qatar’s power and health sectors.
Meanwhile, GCC will need an estimated 10GW of extra power in the coming 10 years, marking an investment of more than USD50bn in new power generating capacity.
Moreover, GE power is engaged in talks with Qatar on how to boost the efficiency at the grid level, despite and LNG rich country, Qatar is aiming 5 percent reduction in gas consumption.
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MENAFN2205201700450000ID1095498639
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