US architects encouraged to target work in India and Sri Lanka by government funding
US architects are targeting work in India and Sri Lanka with almost $300,000 of government funding.
The American Institute of Architects was one of nine bodies to receive an award through the Market Development Co-operator Program.
The body will use the cash to promote the export of US architectural services to the sub-continent. It has pledged to continue funding the scheme when the government money runs out.
India is expected to invest $1.2 trillion on infrastructure projects during the next five years.
The AIA believes up to $50 million of architecture work can be secured with the $300,000 funding.
‘This award demonstrates that architectural profession as a whole represents a major economic tool for boosting US exports and creating jobs here in the US,’ said AIA president Jeff Potter.
‘I am quite proud of the AIA’s continued efforts to create opportunities for our members worldwide and wish to thank the Commerce Department for its collaborative spirit and steadfast support.’
The MDCP award includes financial and technical assistance from the Commerce Department to support well-defined business plans.
A trade mission to India has already kicked off the programme, with two further trips scheduled.
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