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US General Electric to launch projects in Morocco
Morocco-USA, Business, 5/10/2005
President and CEO of US holding General Electric is projecting several investments in Morocco and will be bidding for the building of "Al Wahda," a major electric plant.
According to Morocco's Minister of Economic and General Affairs, Rachid Talbi Alami, other investments eyed by GE, the company founded by light bulb inventor Thomas Edison, include a project of loans to consumption and for tradesmen and another project for the creation of an Italian and French-speaking call center.
GE president and CEO, Ferdinando Beccalli-Falco, reviewed the company plans in a meeting on Monday with Prime Minister, Driss Jettou.
Through the 1980s and 1990s, GE transformed itself from a simple maker of electrical appliances to a giant conglomerate with interests in sectors ranging from aircraft engines and power generation to financial services, medical imaging, TV programs and plastics.
Previous Stories:
Two US oil companies get drilling licence in Morocco
(4/20/2005)
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(3/15/2005)
Motorola funds a mobile application development project in INPT
(2/5/2005)
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