CHENNAI: GE Commercial Finance India (GECF India), a non-banking financial company, has identified eight ``focus growth areas'' for financing — real estate, construction, mining, transportation, infrastructure, healthcare, energy, and information technology.

Addressing a press conference here on Thursday, GECF President and Chief Executive Officer, Tejpreet S Chopra, said transportation, infrastructure, healthcare and IT were expected to grow at a faster pace in the coming years.

Mr. Chopra said the company was willing to finance airport expansion, development of ports and construction of toll roads on the infrastructure side. On healthcare, the company, which had been funding acquisition of equipment, was ready to finance pharmaceutical companies, research activities and hospital upgradation.

In the energy sector, investments to the tune of $200 billion were expected in the next ten years and in the IT sector, BPOs would require more financial assistance, he said.

GE Real Estate (GERE), a unit of GE Commercial Finance, he said, had planned to invest $2 billion by 2010 in Indian real estate.

Mr. Chopra said GERE invested $63 million last year in a fund newly formed by Ascendas, a property developer and asset manager from Singapore, for developing information technology parks in India.

The company was planning to grow its real estate business in the country through partnerships, both via joint ventures and strategic equity.

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