TFBSO History

The Task Force for Business and Stability Operations (TFBSO) was established in June 2006 to aid in the revitalization of Iraq’s economy and in creating jobs for the Iraqi people. At the time, military commanders were encountering economically motivated violence as unemployment exceeded 50% in most areas of Iraq. Since then, the organization has deployed over 400 personnel that includes business leaders, engineers, subject-matter experts and accountants working in partnership with Iraqi business and engineering professionals in every province of the country. TFBSO focuses on initiatives that restore the core industrial capability of a state’s economy including foreign direct investment, banking and financial networks, industrial revitalization, corporate development, Iraq private sector development, procurement assistance, and agriculture revitalization.  

Task Force leadership are deployed in every province in Iraq, working along side Iraqi business and engineering professionals and supporting military civil affairs units, provincial reconstruction teams, Iraqi Security Forces, or operating independently as needed.

Since it’s inception, TFBSO has restored production to over 65 industrial operations, automated Iraq’s private banking sector and fielded modern banking services at over 200 bank braches, driven direct stimulus of over $4B in USG contracts to over 5000 private Iraqi business, fielded agribusiness experts from US land grant institutions to revitalize Iraqi agriculture, assisted the modernization and build out of Iraqi communications infrastructure, and facilitated corporate engagement and foreign direct investment in excess of $1B in 2008 alone.