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Bechtel Group Gets Construction License in China

January 20, 1995

BEIJING (AP) _ Bechtel Group Inc. has become the first U.S. company to be granted a construction license to work in China, the San Franciso-based company announced Friday.

The license, issued by the Ministry of Construction, will permit Bechtel to enter into contracts in its own name and work on projects which have a foreign investment component, said Dick Erskine of Bechtel China Inc.

Bechtel has been active in China for 15 years and will continue its 10-year association with state-owned China International Trade Trust and Investment Co., which supports Bechtel’s current projects in China, the company said.

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