USTDA Announces Highest Return on Investment in Agency’s History
October 4, 2017
(USTDA)
Generates $95 in U.S. Exports for Every Dollar
Programmed
Arlington, VA – Today, the U.S. Trade and
Development Agency announced its largest return
on investment since the agency was created by
the Jobs Through Exports Act of 1992. Far
surpassing all previous results, USTDA
identified $95 in exports of U.S.-manufactured
goods and services for every $1 invested in
infrastructure projects in emerging economies.
The increase in USTDA’s return on investment
is the direct result of over $4.6 billion in
exports of U.S.-manufactured goods,
technologies, and services. These exports
include the sale of transportation, energy, ICT
and agricultural products, technologies and
services. This historic return represents more
than double the Agency’s return from just
eight years ago, when the export multiplier was
$40 for every $1 programmed. USTDA’s
continued success comes from facilitating
mutually beneficial commercial partnerships
between leading U.S. providers and overseas
project sponsors. These partnerships directly
advance President Trump’s priorities of
creating new U.S. jobs through the opening of
markets for increased exports of
U.S.-manufactured goods and services.
“USTDA’s unprecedented results demonstrate
the commitment by this Administration to reduce
barriers to the export of U.S.-manufactured
goods and services that support high-paying
export-related job creation in America,” said
Acting Director Thomas R. Hardy. “The Agency
again exceeded expectations and will continue
working tirelessly to introduce emerging
markets to the most innovative and appropriate
U.S. solutions as countries invest in the
development of their infrastructure
priorities.”
As the U.S. government’s project preparation
agency, USTDA supports a diverse portfolio of
projects, from energy development in Africa to
transportation linkages in Latin America. Many
of these projects are advanced by innovative
small U.S. businesses and the cutting-edge
goods and services they have to offer. Through
USTDA’s programs, these businesses gain
access to new overseas markets and USTDA’s
overseas partners are introduced to innovative
U.S. solutions that are most appropriate to
their development needs.
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