22 U.S.C. § 2421a: Capital projects office…

Summary

The Administrator of AID must create a capital projects office. The office will run a program that focuses only on developmentally sound capital projects that fit the host country’s needs and U.S. export chances. It must also look for ways U.S. high-technology firms, including small and medium businesses, can help with projects in developing countries and in countries moving from nonmarket to market economies. The office will support those projects and regularly review infrastructure needs in those countries. It will look for opportunities for U.S. firms and tell U.S. companies and Congress about its findings. Any AID-funded project must meet the development standards set by the OECD Development Assistance Committee. The office will work with other AID teams, use tied-aid funds when appropriate, and study which sectors and technologies need rebuilding and where U.S. high-tech firms can help. The study results must be sent to the appropriate congressional committees within 12 months after October 28, 1992.

Title 22, §2421a

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)Establishment of office

The Administrator of AID shall establish a capital projects office to carry out the purposes described in subsection (b).

(b)Purposes of office

The purposes referred to in subsection (a) are—

(1)to develop an AID program that would focus solely on developmentally sound capital projects, taking into consideration development needs of the host country and the export opportunities for the United States; and

(2)to consider specifically opportunities for United States high-technology firms, including small- and medium-sized firms, in supporting capital projects for developing countries and for countries making the transition from nonmarket to market economies.

(c)Activities of AID

The Administrator of AID (acting through the capital projects office), in coordination with the appropriate members of the Trade Promotion Coordination Committee—

(1)shall support capital projects in developing countries and in countries making the transition from nonmarket to market economies;

(2)shall periodically review infrastructure needs in developing countries and countries making the transition from nonmarket to market economies and shall explore opportunities for United States firms in the development of new capital projects in these countries, keeping both United States firms and the Congress informed of these reviews;

(3)shall ensure that each capital project for which AID provides funding is developmentally sound, as determined under the criteria developed by the Development Assistance Committee of the Organization for Economic Cooperation and Development;

(4)shall coordinate its activities with other AID offices, and work with AID country missions, in developing capital projects that provide opportunities for United States firms consistent with AID’s primary mission to help developing countries with traditional development projects;

(5)shall coordinate, where appropriate, funds available to AID for tied-aid purposes; and

(6)shall play a special role in helping to meet the infrastructure needs of countries making the transition from nonmarket to market economies by meeting the challenge of infrastructure assistance provided by foreign governments to those countries, including by undertaking a comprehensive study of the infrastructure needs of the various countries making the transition from nonmarket to market economies—

(A)to identify those sectors in the economies of these countries that are most in need of rebuilding, and

(B)to identify the state of technology in these countries and the opportunity for United States high technology firms to help develop a technological infrastructure in these countries, including an assessment of export opportunities for United States high technology companies.

The results of the study conducted pursuant to paragraph (6) shall be reported to the appropriate congressional committees within 12 months after October 28, 1992.

Notes & Related Subsidiaries

Editorial Notes

Codification Section was enacted as part of the Aid, Trade, and Competitiveness Act of 1992 and also as part of the Jobs Through Exports Act of 1992, and not as part of the Foreign Assistance Act of 1961 which comprises this chapter.

Statutory Notes and Related Subsidiaries

Short Title

of 1992 Amendment Pub. L. 102–549, title III, § 301, Oct. 28, 1992, 106 Stat. 3658, provided that: “This title [enacting this section and sections 2421b to 2421e of this title and provisions set out as notes below] may be cited as the ‘Aid, Trade, and Competitiveness Act of 1992’.” Reports to Congress on Capital Projects Pub. L. 102–549, title III, § 305, Oct. 28, 1992, 106 Stat. 3660, directed President, not later than

May 1, 1993, to submit to Congress a report describing the extent to which United States Government resources have been expended specifically to support specified projects in developing countries and countries making the transition from nonmarket to market economies, the extent to which the activities of the United States Government have been coordinated, and the extent to which United States Government capital projects and tied-aid credit programs have affected United States exports. Report on Feasibility of AID Credit Guarantees To Finance Capital Projects Pub. L. 102–549, title III, § 307, Oct. 28, 1992, 106 Stat. 3660, directed President, not later than

May 1, 1993, to submit to Committee on Foreign Affairs and Committee on Appropriations of House of Representatives and Committee on Foreign Relations and Committee on Appropriations of Senate a report on feasibility of allowing AID to offer credit guarantees for financing of capital projects.

§2421a Capital Projects Office Within Agency for International Development