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USTDA United States Trade and Development Agency The U.S. Trade and Development Agency (USTDA) 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 planning activities, pilot projects, and reverse trade missions while creating sustainable infrastructure and economic growth in partner countries. USTDA Programs USTDA promotes economic growth in emerging economies by facilitating the participation of U.S. businesses in the planning and execution of priority development projects in host countries. The Agency’s objectives are to help build the infrastructure for trade, match U.S. technological expertise with overseas development needs, and help create lasting business partnerships between the United States and emerging market economies. USTDA advances these objectives through its two key programs, the International Business Partnership Program and the Project Development Program. USTDA’s reverse trade missions (RTM) are the mainstay of its International Business Partnership Program (IBPP). Created in 2010 in response to President Obama’s National Export Initiative, the IBPP is USTDA’s signature program for linking the U.S. private sector to foreign buyers. These visits are carefully planned to enable foreign decision makers to meet with U.S. businesses and to observe the manufacture, and demonstration of U.S. goods and services that can help them achieve their development goals. These RTMs also include meetings with financial institutions to observe financing options and technical and regulatory bodies that can assist with strengthening the project sponsor’s technical capacity. Through feasibility studies, technical assistance and pilot projects, USTDA’s Project Development Program helps overseas project sponsors identify technological solutions and various sources of financing for priority infrastructure projects. USTDA in the Geothermal Sector Through these programs, USTDA projects harness the latest U.S. technologies to provide geothermal solutions for host country energy needs. Top priority markets with geothermal potential include Latin American and the Caribbean, East Africa, Southeast Asia, and Turkey. Based on the results of a USTDA-funded feasibility study, the largest privately owned geothermal facility in Turkey became operational in May 2009 (pictured below). The 47.5 MW plant was built in the Aydin-Germencik geothermal field by the Gurmat Energy Investment and Trade Company, a private Turkish company. Over $22 million in U.S. exports of goods and services were utilized during construction of the energy facility. Germencik is providing Turkey with an important renewable energy source to further the country’s economic growth, and has provided job opportunities for local Turkish people in the construction and operation of the plant and in infrastructure improvement in the surrounding area. USTDA Supports the NEI’s mission as a member of the President’s Export Promotion CabinetPDF Image | Geothermal Energy Brief
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