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FOR IMMEDIATE RELEASE: MEDIA
USTDA AWARDS GRANT FOR A FLOOD CONTROL PROJECT
IN NORTHERN PERU
LIMA, PERU – (December 12, 2006) Mitigating El Niño-related floods on the La Leche River is the goal of a USTDA grant awarded today to the Regional Government of Lambayeque. Located on the Pacific coast in northern Peru, the Lambayeque Region has experienced major floods over the past two decades, which have resulted in estimated losses of $200 million in destroyed bridges, buildings, and roads.
The USTDA-funded study will analyze comprehensive flood control alternatives for the La Leche River watershed and will identify the investments needed to implement the project. In addition to flood control, the project will improve water conservation and storage efforts to expand irrigation and potable water supplies in the region.
U.S. Ambassador to Peru J. Curtis Struble signed an agreement to officially confer the $394,940 grant during a ceremony held yesterday evening at the U.S. Ambassador's Residence. Lambayeque Region President Yehude Simon signed the agreement on behalf of the Regional Government of Lambayeque. Mr. Keith Eischeid, USTDA Country Manager, and Mr. Enrique Salazar, General Manager of the Olmos Tinajones Special Project, signed as witnesses to the agreement for the U.S. Government and the Regional Government of Lambayeque, respectively.
The opportunity to conduct the USTDA-funded study for the Regional Government of Lambayeque under the grant will be competed on the Federal Business Opportunities website at www.fbo.gov. Interested U.S. firms should submit proposals according to the instructions contained in the Federal Business Opportunities announcement. The Regional Government of Lambayeque will select the U.S. contractor that will conduct the study.
The U.S. Trade and Development Agency advances economic development and U.S. commercial interests in developing and middle-income countries. The agency funds various forms of technical assistance, early investment analysis, training, orientation visits and business workshops that support the development of a modern infrastructure and a fair and open trading environment. USTDA's strategic use of foreign assistance funds to support sound investment policy and decision-making in host countries creates an enabling environment for trade, investment and sustainable economic development. In carrying out its mission, USTDA gives emphasis to economic sectors that may benefit from U.S. exports of goods and services.