Private contractors in US eye windfall from Trump’s push to deport migrants
Al Jazeera
President-elect’s pledge to pursue ‘mass deportation’ is likely to increase demand for detention facilities and surveillance.
As a central part of its agenda, the incoming administration of President-elect Donald Trump has pledged to round up, detain and deport millions of people living in the United States without documentation.
While immigrant rights groups view those plans with alarm, private companies that offer immigration-related services see something else: a potential financial windfall.
One of those businesses is the GEO Group, one of the country’s largest private prison companies.
In a telephone call with investors after the November 5 election, founder George Zoley hailed Trump’s victory as a “political sea change”. The company’s stock price has surged by nearly 73 percent in the weeks since.
“The Geo Group was built for this unique moment in our history and the opportunities it will bring,” Zoley told the investors.
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