The U.S. Agency for International Development awarded San Francisco-based Bechtel National Inc. a contract worth as much as $680 million to build and restore Iraq's infrastructure, including roads and airports, sewage and irrigation systems, schools and power plants. The US company was one of six invited to bid for the project.
The contract is the biggest single chunk of an initial $2.5 billion approved by Congress last week for Iraqi humanitarian aid and reconstruction. Repairing the country from war damage and a decade of sanctions, as well as building what the Bush administration envisions as a modern, developed democracy, is expected to take years and cost many billions more.
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Source: Karen DeYoung and Jackie Spinner Washington Post
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