U.S. firm Bechtel wraps up Iraqi rebuilding efforts

jlew24asu

worked on projects that included repairing 1,200 Iraqi schools, repairing bridges and reopening the country's only deep water port.


thats a good thing!



San Francisco-based engineering and contracting firm completes its final job after spending three years rebuilding Iraq, collecting $2.3B in government contracts.



NEW YORK (CNNMoney.com) -- Engineering and construction firm Bechtel Group Inc. is leaving Iraq after spending three years rebuilding the war-torn country that netted the company roughly $2.3 billion in government contracts.

San-Francisco-based Bechtel, which completed its last government contract on Tuesday, began work in April of 2003, less than one month after US and coalition forces begin military action against Iraq.



During Bechtel's stint in Iraq, 52 workers were killed, including 47 Iraqis and 5 non-Iraqi subcontractor staff, according to the company.

Bechtel, which subcontracted many of its projects to Iraqi workers, employing as many as 40,000 at one point, worked on projects that included repairing 1,200 Iraqi schools, repairing bridges and reopening the country's only deep water port.

The company said it completed 97 of the 99 tasks it had been charged with completing by the U.S. Agency for International Development.

In a statement issued to the Congressional committee on government reform in late September, company president Cliff Mumm stood by the company's efforts.

"We provided training to thousands of Iraqi professionals and craft workers. And we accomplished all this with a safety record that would be the envy of any firm operating in the United States," said Mumm. "We are proud of our record in Iraq."

Privately-held Bechtel is among a number U.S. firms that have been awarded U.S. government contracts to help rebuild Iraq including rival Fluor Corporation (up $0.08 to $78.76, Charts) and Haliburton (down $0.12 to $31.41, Charts).

DPrival78

jlew24asu wrote:

worked on projects that included repairing 1,200 Iraqi schools, repairing bridges and reopening the country's only deep water port.


thats a good thing!



San Francisco-based engineering and contracting firm completes its final job after spending three years rebuilding Iraq, collecting $2.3B in government contracts.



NEW YORK (CNNMoney.com) -- Engineering and construction firm Bechtel Group Inc. is leaving Iraq after spending three years rebuilding the war-torn country that netted the company roughly $2.3 billion in government contracts.

San-Francisco-based Bechtel, which completed its last government contract on Tuesday, began work in April of 2003, less than one month after US and coalition forces begin military action against Iraq.



During Bechtel's stint in Iraq, 52 workers were killed, including 47 Iraqis and 5 non-Iraqi subcontractor staff, according to the company.

Bechtel, which subcontracted many of its projects to Iraqi workers, employing as many as 40,000 at one point, worked on projects that included repairing 1,200 Iraqi schools, repairing bridges and reopening the country's only deep water port.

The company said it completed 97 of the 99 tasks it had been charged with completing by the U.S. Agency for International Development.

In a statement issued to the Congressional committee on government reform in late September, company president Cliff Mumm stood by the company's efforts.

"We provided training to thousands of Iraqi professionals and craft workers. And we accomplished all this with a safety record that would be the envy of any firm operating in the United States," said Mumm. "We are proud of our record in Iraq."

Privately-held Bechtel is among a number U.S. firms that have been awarded U.S. government contracts to help rebuild Iraq including rival Fluor Corporation (up $0.08 to $78.76, Charts) and Haliburton (down $0.12 to $31.41, Charts).

2.3 billion to fix things that weren't broken until we invaded.
gotta love some good ol' war profiteering.

thats a good thing all right..

jlew24asu

DPrival78 wrote:

2.3 billion to fix things that weren't broken until we invaded.
gotta love some good ol' war profiteering.

thats a good thing all right..

people dont work for free.

enharmonic

Privately held by whom?

jlew24asu

enharmonic wrote:

Privately held by whom?

http://www.bechtel.com/default_about.htm

DPrival78

enharmonic wrote:

Privately held by whom?

for one, some rich saudi family, whose last name you may recognize..

http://money.cnn.com/2003/05/05/news/companies/war_bechtel/

jlew24asu

DPrival78 wrote:

for one, some rich saudi family, whose last name you may recognize..

http://money.cnn.com/2003/05/05/news/companies/war_bechtel/

wow what a spin you have there. you seem to think the company is held by the bin ladens? I just hope people read the article instead of getting the answer from you.

Founded in 1898, Bechtel is one of the world's premier engineering, construction, and project management companies. Our 40,000 employees are teamed with customers, partners, and suppliers on a wide range of projects in nearly 46 countries.

Bechtel has completed more than 22,000 projects in 140 countries, including Hoover Dam, the Channel Tunnel, Hong Kong International Airport, the San Francisco Bay Area Rapid Transit (BART) system, the reconstruction of Kuwait's oil fields after the Gulf War, Jubail industrial city, and the Alma aluminum smelter.

DPrival78

enharmonic wrote:

Privately held by whom?

and some close buddies of bush

http://www.mediamouse.org/features/091305corpo.php

funny how the names bush and bin-laden always seem to be connected somehow..

DPrival78

jlew24asu wrote:

wow what a spin you have there. you seem to think the company is held by the bin ladens? I just hope people read the article instead of getting the answer from you.

company has been around since 1898 long before a small investment made to a mutual fund.

not held exclusively.. but there is a connection.

jlew24asu

DPrival78 wrote:

not held exclusively.. but there is a connection.

o ok. allow me to quote your article.



Fremont spokeswoman Pat Harden confirmed bin Laden's family had invested $10 million in a Fremont fund, but she said the family had no ownership stake in Fremont and its investment was made "well before the events of Sept. 11."

"Our concern is that it be clear they're investors, like many, in one of our many private equity funds," Harden said, noting that the Patriot Act of 2001 requires such investors to be screened for connections to terrorism. "This is all totally legal and above-board."

Harden didn't know exactly when bin Laden's family invested in the equity fund. Fremont general counsel Rick Kopf told the New Yorker bin Laden's family had invested nothing in Fremont since Sept. 11.

None of bin Laden's family members has been charged with any crimes, and the family denounced Osama bin Laden in the mid-1990s. Some family members also have publicly denounced the Sept. 11 attacks.

Saying they feared for their safety, about two dozen family members living in the United States left the country as soon as airports re-opened after Sept. 11.

Cosmo

jlew24asu wrote:

worked on projects that included repairing 1,200 Iraqi schools, repairing bridges and reopening the country's only deep water port.


thats a good thing!



San Francisco-based engineering and contracting firm completes its final job after spending three years rebuilding Iraq, collecting $2.3B in government contracts.



NEW YORK (CNNMoney.com) -- Engineering and construction firm Bechtel Group Inc. is leaving Iraq after spending three years rebuilding the war-torn country that netted the company roughly $2.3 billion in government contracts.

San-Francisco-based Bechtel, which completed its last government contract on Tuesday, began work in April of 2003, less than one month after US and coalition forces begin military action against Iraq.



During Bechtel's stint in Iraq, 52 workers were killed, including 47 Iraqis and 5 non-Iraqi subcontractor staff, according to the company.

Bechtel, which subcontracted many of its projects to Iraqi workers, employing as many as 40,000 at one point, worked on projects that included repairing 1,200 Iraqi schools, repairing bridges and reopening the country's only deep water port.

The company said it completed 97 of the 99 tasks it had been charged with completing by the U.S. Agency for International Development.

In a statement issued to the Congressional committee on government reform in late September, company president Cliff Mumm stood by the company's efforts.

"We provided training to thousands of Iraqi professionals and craft workers. And we accomplished all this with a safety record that would be the envy of any firm operating in the United States," said Mumm. "We are proud of our record in Iraq."

Privately-held Bechtel is among a number U.S. firms that have been awarded U.S. government contracts to help rebuild Iraq including rival Fluor Corporation (up $0.08 to $78.76, Charts) and Haliburton (down $0.12 to $31.41, Charts).

...
So... does this mean the 'JOB' is done? Can our guys come home now? If not, then when? If "Not for a while"... then, why are you heralding this as a big deal?

gimmesometruth27

i agree with DPrival. if we didn't blow those buildings up, we would not have had to give them $2.3 billion of our tax dollars to fix them.

war profitteers are the lowest form of shit.

Cosmo

gimmesometruth27 wrote:

i agree with DPrival. if we didn't blow those buildings up, we would not have had to give them $2.3 billion of our tax dollars to fix them.

war profitteers are the lowest form of shit.

...
Add to that... the cost of blowing up those schools (guided munitions, fuel, logistical support, etc...).

jlew24asu

Cosmo wrote:

...
So... does this mean the 'JOB' is done? Can our guys come home now? If not, then when? If "Not for a while"... then, why are you heralding this as a big deal?

I wish they could. this shows that our tax dollars are being spent on some positive things in Iraq

jlew24asu

gimmesometruth27 wrote:

i agree with DPrival. if we didn't blow those buildings up, we would not have had to give them $2.3 billion of our tax dollars to fix them.

war profitteers are the lowest form of shit.

ok guys, guess what, we did. you need to accept that fact. so now we are spending money to fix what we broke. would you rather we didnt rebuild schools and bridges?

Cosmo

jlew24asu wrote:

I wish they could. this shows that our tax dollars are being spent on some positive things in Iraq

...
You got a point there... at least it isn't 2.3 billion dollars being stolen by their politicians or simply getting 'lost or misplaced' over there, right?

enharmonic

jlew24asu wrote:

ok guys, guess what, we did. you need to accept that fact. so now we are spending money to fix what we broke. would you rather we didnt rebuild schools and bridges?

There are plenty of American schools in shambles, yet our own children die on the vine. when is Ameica going to invest in its own future?

Cosmo

enharmonic wrote:

There are plenty of American schools in shambles, yet our own children die on the vine. when is Ameica going to invest in its own future?

...
Maybe we need to send in a strike force of F-15s against those schools in our cities. This seems to be the only way to get these Republicans to back spending for education.

jlew24asu

enharmonic wrote:

There are plenty of American schools in shambles, yet our own children die on the vine. when is Ameica going to invest in its own future?

Education budget is about 90 billion a year. we do ok.

gimmesometruth27

jlew24asu wrote:

ok guys, guess what, we did. you need to accept that fact. so now we are spending money to fix what we broke. would you rather we didnt rebuild schools and bridges?

right....so is it safe to assume that you don't have a problem with blowing up a country that was not a threat to you? is it okay with you that these companies that have been bankrolled by the bin ladens get these rebuild contracts? were there no other capable companies based in iraq or in the middle east or did we get the bill for them to move all of their equipment there as well?

it is not ok with me that we blew all their shit up in the first place, let alone giving billions in our tax money to rebuild what we destroyed. the us is going to bankrupted paying for all of this for the next few generations. i can't wait to see halliburton's tab.

gimmesometruth27

Cosmo wrote:

...
Maybe we need to send in a strike force of F-15s against those schools in our cities. This seems to be the only way to get these Republicans to back spending for education.

no if we did that fema would take several days to formulate a plan just to bring food and water to the region, but i digress.

with what money are we going to repair our own schools? its all going to the military and the war profiteers. lord knows its not going to no child left behind.
for the last 8 years in my area of MO people will not pass a tax levy that goes to fixing and maintaining schools.