Now there is a story. The largest security company in the world….wait for it…..GardaWorld, is now in Libya. lol What’s next, an expeditionary task force from Walmart?
Seriously though, this is a cool little story about the beginning stages of reconstruction in Libya. Of course security for all of these business ventures is a top priority. What I liked about this article though, is you can just picture the frustration, the wheeling and dealing, the planning, and the dreams of making huge amounts of cash as soon as the National Transitional Council (NTC) gets it’s act together.
By cash, I mean oil companies will be paying top dollar to get the oil flowing again and secure those operations. That, and the NTC is sitting on billions of dollars of Libyan frozen assets. Some estimates put that figure at around 160 billion dollars! So yes, there is some money out there, and the NTC is going to be investing into rebuilding their country and setting up the government, but also into things that will bring in revenue–like oil contracts. And to make the oil companies and all the folks that come with that happy, you need infrastructure and security to support that.
On a side note, I kind of get a chuckle when I read these stories, because I can totally tell what is going on. They interviewed these British contractors, and I noticed how these guys emphasized how ‘uniquely qualified they are’ for the job, compared to their ‘Guns R Us’ competitors? lol And it should also be noted that guys like this, love to tell journalists what they want to hear, just so they are written up in the story to be the best, most obvious choice for the job. That is my hunch on why guys like this would talk to journalists like that, and actually go on the record with their names and everything. That, and this story is in Bloomburg, a business journal and website.
Still, I give them credit for getting in there and making their moves. It is not easy, and just like what Secopex learned, doing business in war zones has all sorts of pitfalls and complexities. –Matt
As Libya War Winds Down, Security Consultants Tout Iraq, Afghan Experience
By Sarah A. Topol
Sep 22, 2011
Want to do a deal in post-Qaddafi Libya?
Head to the Cafe Oya in the back of Tripoli’s Radisson Blu Al Mahary, where visitors without proper ID must check their AK- 47s at the hotel door.
Diplomats, reporters, businessmen, and representatives of the National Transitional Council, the rebel government set up in February, sit at a dozen small tables discussing the country’s volatile future through a haze of cigarette smoke. Conversation over strong coffee flits between the fighting around Sirte, who will hold positions in the soon-to-be-created interim government — delayed by bickering between Islamists and secular Libyans — and who gets the billions of dollars of still-frozen Qaddafi assets.
Never far from view are the hulking frames of security details, mostly British ex-military men, transparent wires corkscrewing out of their ears. Their taciturn shadows tail the diplomats and visiting members from the transitional government they protect.
Other security consultants are staked out at the hotel in search of the business that inevitably accompanies Mideast turmoil. One rebel council insider compares the consultants to flies buzzing around. Contractors are trying to gather as much information as possible about anybody willing to pay–security companies, oil companies, business ventures who are already here or want to start here.