Said Tawfiq Khoury remains today the indefatigable and vigorous president of
Consolidated Contractors International Company (CCC), one of the most successful
corporations in the world, currently based in Athens, Greece. Over 80, Said Khoury is
still active in the daily work of the company, shuttling easily among offices in Athens,
Beirut, and London, and engaging directly in a number of Arab issues. From humble
beginnings in Lebanon in the early 1950s, CCC has grown from its construction and
engineering origins into a dynamic, widely diversified, international organization
emphasizing also management, procurement, and investment-with focus on the Middle
East region. Ranked today as number 18 worldwide, CCC operates in 40 countries with
over 80,000 employees and an annual revenue of $3 billion.
Since studying at AUB in the 1940s, CCC cofounders Said Khoury and his
cousin, Hasib Sabbagh (BA '41, honorary doctorate in humane letters, '03), have
remained close to the American University of Beirut: the company has employed some
600 AUB graduates. At the 2005 groundbreaking ceremony for the new CCC Scientific
Research Building on lower campus, Said Khoury described AUB alumni as the
backbone of the company's management, engineers, and professionals. CCC has also
traditionally sought employees among the members of the widely dispersed Palestinian
community and nationals from the entire Middle East region. In September 2005 about
four-fifths of CCC's 8,000 permanent engineering and management staff members were
Palestinians, Lebanese, or Jordanians.
Said Khoury was born in northern Palestine in 1923. He grew up in the town of
Safed, where he was nourished in an atmosphere of strong family ties, pervasive moral
influence, and a deep sense of ethnic and cultural diversity. After attending St. Luke's
School in Haifa, he followed his cousin Hasib Sabbagh to AUB, where both studied
engineering. On returning home, each founded a small construction company in
Palestine.
After the establishment of Israel in 1948, both men fled with their families to
Lebanon, where they began working on construction projects. Both young men plunged
into their first task, the Tripoli airport, literally with their bare hands, living in containers
and working long hours, motivated by the catastrophic expulsion from their homeland.
Khoury said he worked hard to "boost his father's morale. One of my main concerns," he
said, "was to make good money so my father, who had lost everything in Palestine,
would feel nothing had changed." The vast conglomerate which eventually emerged from
these rough beginnings bears to this day the strong influence of family.
Today members of the immediate family, under the leadership of President Said
Khoury, remain at the helm of CCC. Hasib Sabbagh, who suffered a stroke in 2002, is
honorary chairman; his two sons, along side the three sons of Said Khoury, work closely
in the management and direction of the company from offices in Athens, London, and the
Middle East. Said Khoury remains closely involved in policy making and strategy.
In the early 1950s a contract to construct a storage yard for oil pipes in Homs,
Syria, for the Iraq Petroleum Company introduced the young engineers to the world's
largest construction company of that time, the Bechtel Group. The connection remained
solid for many years, spear-heading the CCC's extraordinary transformation from a small
subcontracting construction company into the international giant it is today.
CCC soon moved its activities to Yemen, Kuwait, Saudi Arabia, the Emirates,
Jordan, Egypt, and Palestine. In 1952 the company moved with Bechtel to Yemen as a
subcontractor working on the Aden refinery-the roots of CCC corporate family culture
were planted. Each new local station was initially composed of immediate family, area
office staff, and project teams, mostly Lebanese and other Arabs recruited in Beirut. In
1955 the fledgling company established itself in Kuwait, where Said settled with his
family, and the company moved from laying oil and gas pipelines and building bridges,
roads, airports, ports, and sports facilities to mechanical engineering projects: the
construction of oil refineries, petrochemical industries, electricity, desalination, deep
ocean extraction platforms, and underwater engineering. Eventually CCC, with
headquarters in Athens following the outbreak of the Lebanese civil war in 1975, would
spread further into Africa and North America.
CCC has become something of an icon among large industries. Said Khoury
based his corporate policy on the welfare, satisfaction, and participation of the employee.
Concern for personnel-the family, the team, from engineers to cooks-has driven the
company throughout its history. Said Khoury told CCC's biographer that for over 50
years he had practiced his conviction that "personnel management amounts to the
single most important one of our responsibilities." CCC's strength, the World Economic
Forum reported in 2005, is based on employee loyalty and competence, flexible
management, focus, dynamism, and close relationships with clients and even with
competitors. Management always gives priority to quality, scheduling, and commercial
acumen. From the very beginning, CCC has prided itself on delivering quality work on
time or even ahead of schedule.
Khoury has invested widely in Palestine. CCC, a "huge potential engine" to help
create the prosperity of Palestine, has spent more than $80 million in the territories since
1990. In May of this year Hasib Sabbagh and Said Khoury made a five million dollar
donation to improve the living conditions of the suffering Palestinians. CCC
is developing gas fields off the coast of Gaza, and in 1993 the company funded a
$10 million program to train Palestinian engineers. Halted by ongoing violence, a
$65 million Gaza City seaport project is still on the books. In 1999 Khoury signed a $150
million agreement to build the first Palestinian plant to power Gaza and the West Bank,
and despite the escalation of conflict, the plant opened in 2002. Khoury is currently
chairman of the Palestinian Electric Company.
A former director of the Palestine National Fund, and a major shareholder in the
Arab Palestinian Investment Company, Khoury has also donated money to Nablus and
Al Quds universities. In 2004 his Said Khoury Information Technology Centre of
Excellence opened at Al-Quds University to train IT students and users to promote state-
of-the-art IT in the business community.
Said Khoury is also involved in a number of social, philanthropic, and welfare
organizations such as the Palestinian Welfare Association, the Institute for Palestine
Studies, and the Spafford Children's Centre for disadvantaged children in Jerusalem and
the West Bank. He supports Columbia University's Edward Said Chair of Arab Studies,
its School of International and Public Affairs, the University of the Pacific's School of
Engineering and Computer Science, and American Near East Refugee Aid. Honored at a
2004 ANERA meeting, Khoury said, "We urgently need to move from destruction to
construction," something CCC and Said Khoury have been doing in the region for more
than half a century.
Said Khoury is governor of the Arab Monetary Fund, and serves as chairman of
the Palestinian Businessmen's Organization, the Palestinian Initiative for the Promotion
of Global Dialogue and Democracy (MIFTAH), and the International Business Group. A
member of the board of trustees of the Bethlehem Foundation of Washington, DC, he is
also a member of the boards of directors of Intoil e.c. Bahrain, Canvest Corporation N.V.
Canada, the Arab Life and Accident Insurance Company, and the Jordan and Jerusalem
Development & Investment Company Ltd.
Said Khoury's long and successful career in engineering, construction, and
investment has been widely recognized by many medals of merit and honor from various
parts of the world. He received the Legion of Merit from the President of Lebanon in
2004 and the Medal of Merit from the AUB Alumni Association Engineering Chapter in
2001. In 2001 he also received an Honorary Shield from the Annual Congress for
Investment and Capital Arab Group for 50 years of successful relations between a model
company and its employees.


