USTDA to Help India's Ministry of Railways Develop Leasing and Public-Private Partnership Frameworks
September 18, 2015
(USTDA)
NEW DELHI, India - In advance of next week’s
U.S.-India Strategic & Commercial Dialogue,
the U.S. Trade and Development Agency committed
funding for a new transportation project that
will promote bilateral technical cooperation in
India’s expansive rail sector.
“Rail networks form a critical backbone of a
country’s transportation networks and promote
economic activity by moving high volumes of
cargo and passengers,” said USTDA Regional
Director Henry Steingass. “USTDA is pleased to
partner with India to share U.S. best practices
for infusing greater investment into its
railways and modernizing its operations.”
USTDA provided a grant to India’s Ministry of
Railways to help the Ministry develop new – and
modify existing – leasing and public-private
partnership (PPP) frameworks to attract private
sector funding for the modernization of India’s
rail infrastructure. The technical assistance
will recommend, based on international best
practices, how to refine financing, procurement
and operational methods in order to more
successfully attract private funding and
establish effective PPPs.
The opportunity to conduct the USTDA-funded
technical assistance for the Ministry of
Railways will be competed through Federal
Business Opportunities (FBO). A link to the
FBO announcement will be posted to USTDA’s
website at www.ustda.gov.
Interested U.S. firms should submit proposals
according to the instructions in the FBO
announcement.
Welcome to the Exporting Source
Your one-stop resource for finding help to export to new customers, to learn about government export programs, to join export-promoting trade missions, to sign up for trade conferences and training, and to link to other exporting services. Whether you're an old hand at exporting or just getting started, the Exporting Source provides a place to locate foreign customers, export financing and foreign investment assistance.