Ge has a unique advantage because of our depth and breadth. Customers value our technical depth. Our products are the heart of our customers' operations. Ge's high-performance locomotive improves profitability and safety at a railroad. And, our unique breadth makes ge a desirable partner. In Russia, we are investing across five business segments. We are building local capability to deliver local solutions.
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Success requires technology, services and resume execution delivered at scale across a massive global footprint. With more than 100 billion in revenue and nearly 16 margins, we are the largest and most profitable infrastructure company in the world. Our goal is for infrastructure earnings to be 70 of ge's total. Countries must invest in infrastructure to compete and create jobs. For instance, africa has a 100 gigawatt deficit in electricity. Only by investing in power generation can it sustain growth. Fortunately, africa is surrounded by some of the world's largest reserves of oil and gas. Converting "gas to power" administrative is its infrastructure challenge. Only ge can provide complete solutions to solve its electricity problem. In Africa, we are a productivity partner. As a result, we are growing 30 annually there.
We have positioned ge to capitalize on the growth themes of the era. We are investing to lead in the new technologies that will drive efficiency for the company and our customers. We are improving our speed and lowering our cost. We plan to deliver a valuable financial paperwork performance. We are making progress. Pictured: Jacob wood, ge power water. We are the worlds, most Competitive infrastructure company, investment in infrastructure is expected to reach 60 trillion by 2030.
Ge provides the capability for these countries to industrialize through our technology and short localization efforts. That is why our growth is accelerating in regions like the middle east, russia and Africa despite social and political unrest. The world is complicated. But, through the fog of the last five years, i would take the 2014 economy any day. The recovery is slow, but there are no major headwinds. While governments are not addressing major challenges like immigration and regulatory reform, there is less disruption. And, we have the financial strength to make progress on our own. We are positive about the future.
Meanwhile, europe has stabilized; while its expansion is anemic, the "daily crises" have been eliminated. And, there are pockets in the region that are robust for ge like germany, the nordic region and Central Europe. We still see opportunities in emerging markets. China is one important engine of growth. China has massive financial strength, and we see its reform efforts as a positive. Ge has a major role in helping China solve its healthcare, clean energy and transportation challenges. In the resource-rich countries, our prospects are bright despite a more volatile macro-situation.
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There were at least two "moments of truth" as we invested in our new engine line-up. After the 9/11 tragedy, the commercial aviation industry was in full crisis. Instead of panicking, we increased our investment wrote in the business and our customers. This has created trust and loyalty for ge that is unmatched. In 2008, during the depth of the financial crisis, we substantially increased our investment in commercial engine.
Because we made the right bets, we have the best products at the right time, securing decades of leadership for your Company. The desire to compete and win runs deep across the company. Ge's ability to innovate is particularly crucial in the slow-growth and volatile economy we live in today. Frequently i tell investors that if we ever see. Economy like week the ones we had in the '90s, ge will have earnings upside. While we don't expect that soon, there are signs that the. Economy is getting a little better each day.
This achieves efficiency and reliability for our customers. And, to further performance, it is based on a ge invention: a new material called ceramic matrix composite. This material retains its strength at 2200 f — 500 F higher than metal-at one-third the weight. As China faces the need to diversify its energy sources, ge is helping the country turn to natural gas for power generation. Pictured: Wang Jin, China huadian Engineering.
Our wins in Dubai came primarily from three customers: Emirates, Etihad and Qatar Airways. None of us grew up at ge with them as customers. Each has emerged as a global leader in the past decade. And, we have built an excellent relationship with them based on solid operational performance and mutual trust. The combination of superior technology and strong relationships is the essence of competitiveness and allowed ge to win virtually all of the commitments at the show. Winning takes bold commitments, a dedicated team and resilience.
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But, the pay-back can be huge. Last november, we received 40 billion of engine wins at the dubai air Show—in two days. These commitments were for revolutionary new products that have come to market in the past few years. They are based on big bet technologies, years in the making and delivered ahead of the competition. Leading these results was the ge9X, which is the sole-source engine for the boeing 777X. This plane is 20 more fuel efficient than the one it replaced, saving airlines 11 million per airplane per year. The ge engine drives 50 of this improvement based on innovative new technology in compressors biography and combustors. This new engine—the largest and most fuel efficient in the world—has only 16 fan blades, down from 22 in its predecessor.
Chairman of the board and Chief Executive officer. Heintzelman, vice Chairman, Enterprise risk and Operations. Bornstein, senior Vice President and Chief Financial Officer. Sherin, vice Chairman, ge and Chairman writing and Chief Executive officer, ge capital. Beth comstock, senior Vice President and Chief Marketing Officer. Ge builds, moves, powers and cures the world. We are the global leader in infrastructure, developing and changing markets. The difficult part about progress is that great results take time.
every day. Ge technology and people move, power, build and cure the world. As investors, you can expect us to listen, learn, adapt and change. You should expect us to get better every day, to make progress. Senior Vice President and Chief Information Officer. Rice, vice Chairman, ge, brackett. Senior Vice President and General counsel. Little, senior Vice President and Chief Technology Officer. Peters, senior Vice President, human Resources, jeffrey.
To keep meeting their expectations, were speeding up our digital transformation. So we build a bank that will be relevant for our customers, now and in the future. Downloads, pages 96 to ual Report ing groep. Should be read in conjunction with the press release of, other downloads, the role of a financial institution is to support and promote economic, social and environmental progress leading to a better quality of life for people in society, while generating adequate returns for shareholders. This is what essay the value we create for and with our stakeholders, such as customers and shareholders, should be about. How we create value is illustrated in our Value creation Model. View our Value creation Model.
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Epidemic update and health sector progress towards universal access. Who, unicef, unaids 30 november 2011 - the, progress report 2011: Global hiv/aids response reviews progress made until the end of 2010 in scaling up access to health sector interventions for hiv prevention, treatment, care and support in lowand middle-income countries. It is the fifth in a series of annual progress reports published since 2006 by who, unicef and unaids, in collaboration with national and international partners, to monitor key components of the health sector response to the hiv epidemic. The key findings of the report: update on the hiv epidemic; selected health sector interventions for hiv prevention; knowledge of hiv status, scaling up treatment and care for people living with hiv; scaling up services for key populations at higher risk of hiv infection; scaling. Download the report, fact sheets. Press kit, previous progress reports. Our customers world isnt standing still and neither is ours. Rapid technological advances are changing their behaviour. They now expect the same personal, instant and seamless experience from their bank that they get from other digital providers.