GE sees Thai, regional expansion of technology infrastructure.

Byline: The Nation.

US-based GE Technology Infrastructure expects to expand its business in Thailand and elsewhere in Asean, as it foresees an increase in demand in the aviation, healthcare and energy sectors in line with the region's improved standard of living.

John Rice, vice chairman of GE and president and chief executive officer of GE Technology Infrastructure, yesterday said the strategy would help the unit's global revenue expand at two to three times the growth rate for world gross domestic product over the next five years.

"We don't limit the investment budget allocated for Thailand. If there is an opportunity to invest at the right time, we're …