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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