Hanoi, Vietnam – The U.S. Trade and Development Agency today unveiled its strategic vision for expanding its Indo-Pacific transportation portfolio in 2021. The announcement was made at the 2020 Indo-Pacific Business Forum, which is currently taking place virtually and in person in Hanoi.
“Partners from across the Indo-Pacific are turning to USTDA for far-reaching transportation solutions to expand mobility and extend connectivity for hundreds of millions of people,” said Todd Abrajano, USTDA’s Chief Operating Officer and Head of Agency. “We know that the best way to meet these goals is by partnering with the U.S. private sector to offer the region highest-quality solutions that are built to last.”
USTDA’s detailed transportation strategy for 2021 includes the Agency’s full range of project preparation and partnership-building activities to provide the Indo-Pacific region access to the sector’s most innovative U.S.-based technologies, solutions and expertise. Specifically, the Agency will enhance its funding of aviation safety and security activities – particularly under its U.S.-Southeast Asia Aviation Cooperation Program –and will support new projects to improve the operational efficiency of the region’s ports and inland waterways.
To support the modernization and expansion of the region’s railway networks, USTDA will devise and complete a new range of training and partnership-building activities between U.S. and Indo-Pacific rail sector leaders. In addition, the Agency will utilize its Global Infrastructure Resilience Initiative to fund transportation sector activities that prioritize resiliency fundamentals into their design and implementation.
USTDA’s 2021 engagements will also comprehensively support the U.S. government’s Indo-Pacific Strategy, which includes the Infrastructure Transaction and Assistance Network initiative.
For more information, please view USTDA’s 2021 Indo-Pacific Strategy Fact Sheet.
The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority development projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project preparation and partnership building activities that develop sustainable infrastructure and foster economic growth in partner countries.
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