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September 16, 2003

Historic Ex-Im Bank Financing Supports U.S. Exports

"This is the first major private financing by Ex-Im Bank in China. It opens up a new avenue for Ex-Im Bank to help U.S. companies export their products and services to the important China market," said Ex-Im Bank Chairman Philip...

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September 9, 2003

Tribunal Rules for Bechtel and GE in Dabhol Power Project Arbitration

Bechtel's and GE's Interests Wrongly Expropriated by Government of India  Overseas Private Investment Corporation ordered to pay claims of US$28.57 million each to Bechtel and GE    NEW DELHI, INDIA, Tuesday, September 9, 2003—An independent arbitration panel has ruled unanimously...

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August 19, 2003

Iraq Project Plan Approved, Under Way

"In developing our implementation plan, we performed analyses of each sector, which enabled us to carefully plan the most efficient and cost-effective way to deliver the best results to the Iraqi people," explains Cliff Mumm, Bechtel program director for the...

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July 31, 2003

Tacoma Narrows Project Reaches First Milestone

"We are pleased and proud that the complete operation went so well and according to plans," said Project Manager Manuel Rondón of Bechtel, which is building the bridge in a joint venture with Kiewit Pacific. “Our success is due to...

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July 21, 2003

Iraqi Project Update

Bechtel will manage approximately 300 Iraqi engineers provided by Iraq's Ministry of Housing and Ministry of Education to complete the assessments, develop the scopes of work, help manage the Bechtel subcontractors, and perform inspections. Other recent developments: Bridges, roads, and...

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July 17, 2003

Bechtel Completes First Iraqi Infrastructure Project

The Al Mat bypass work was done by Al-Bunnia Trading Company of Baghdad, the first Iraqi subcontractor signed up by Bechtel as part of its USAID Iraq Civil Infrastructure Reconstruction contract. "There's only one first," said Cliff Mumm, program director...

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June 26, 2003

Iraq Infrastructure Reconstruction: Project Update

 Port of Umm Qasr―Dredging, removal of unexploded ordnance and sunken vessels, and power repair work continue to progress at the port of Umm Qasr. The goal is to accommodate grain-bearing ships by mid-July. In the next two weeks, seven World...

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June 13, 2003

Progress on Iraq Infrastructure Work

Bechtel aims to complete work on about 650 schools by September 30, to coincide with the start of Iraq’s school year, and the balance by October 30, before the winter months. The company will coordinate and manage the program and...

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