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Dubai May Partner With U.S. Firm—Halliburton’s Name Pops Up

Posted on Mar 6, 2006

N.Y. Daily News:

WASHINGTON - The White House is quietly pushing a Dubai company to “significantly restructure” and partner up with a U.S. outfit to keep the port deal from sinking, sources told the Daily News yesterday.

“It’s in the hands of the company now. ... They’re going to have to significantly restructure,” said a Republican source familiar with White House expectations.

A revamped deal to allow Dubai Ports World to take over six major U.S. ports - including Manhattan’s cruise ship terminal and Newark’s container depot - would have to be something along the lines of the Marine One contract.

British- and Italian-owned AgustaWestland had to take on Maryland-based Lockheed Martin to win the contract to build the President’s helicopter last year.

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TAGS: deal depot dubai halliburton ports terminal u.s. uae white house

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By Tonyb, March 7, 2006 at 2:14 am #
(Unregistered commenter)

Such a deal might have merit but how do you firewall the up operations from UAE?

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By faith, March 6, 2006 at 6:50 pm #
(Unregistered commenter)

Sorry, there is not enough “restructuring” that can encourage the general public to support a sovereign foreign nation arriving on U.S. shores and supplanting american management of our ports. It is just a preposterous notion. And, heaven help those politicians who seek election that support the management of american ports by foreign countries. This has been a wake up call to Americans. Many of us had no idea that foreign nationals controlled parts of our soil.

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