Global need for Infrastructure (of all types) is expected to grow between 2010 and 2030 to reach more than $53 trillion. The U.S. Department of Commerce, through its International Trade Administration (ITA) will work to insure U.S. industry successfully bids on more international procurements around the world. In a coordinated and focused manner, ITA will leverage its international, domestic and industry teams, to gather, assess and share qualified project information with U.S. businesses.
U.S. companies are "best in class" in many Service areas with Project Management, Architecture & Design, and Engineering. Our companies are extremely competitive in many sectors ranging from Energy to Transportation to Health Care. These companies, both large and small, are sought out for quality, innovation and standards that transcend a project's life cycle.
ITA will work with and coordinate USG efforts across all Federal Agencies to support U.S. industry.
To start, we are launching a Global Infrastructure Pilot that will initially focus on a few select countries:
The new Government of India has identified Infrastructure as its number one priority. The U.S. Government (USG) and the Government of India (GOI) have just signed a Memorandum of Understanding creating a first ever USG-GOI Infrastructure Collaboration Platform.
The new Mexican Government has recently announced its 2014-2018 National Infrastructure Plan. This plan encompasses over 743 programs totaling around $590 billion.
The Secretary of Commerce recently chaired an infrastructure roundtable with 5 Ministers from the Government of the Philippines. Working with the Asian Development Bank and with the Public Private Partnership Office of the Philippines and with various Ministries, we have developed a list of over 40 projects we are tracking.
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