BUCHAREST,
ROMANIA (December 16, 2003) – The U.S. Trade and Development Agency
(USTDA) awarded a $250,000 grant today to the Romanian Ministry of
Transport, Construction and Tourism
to partially fund the development of a business case study on the
implementation of a positive train control (PTC) system in
Romania. The grant is significant
because it will help to introduce
the first U.S.-style train control system in Europe. Moreover, it illustrates
USTDA’s commitment to assist Romania in
achieving higher rail safety standards and increasing capacity on
Romania railways.
The grant was conferred in a signing
ceremony at the Government Building in Bucharest. USTDA Director Thelma J.
Askey signed the grant on behalf of the U.S. Government. His Excellency Miron Tudor
Mitrea, Minister of Transport, Construction and Tourism, signed on
behalf of the Romanian Government. The U.S. Ambassador to
Romania, the Honorable Michael Guest, attended the signing ceremony
on behalf of the U.S. Embassy in Bucharest.
The
USTDA grant will allow the Ministry of Transport, Construction and
Tourism to develop and examine a business
case considering the benefits of adding an accurate train location
system to the existing passenger and freight information systems in
Romania. If
implemented, the PTC system will increase the capacity of Romanian
rail lines by allowing more trains to travel on the track. The proposed system will
also improve safety by pinpointing the location of each train on the
track in real time.
The
Seneca Group, LLC of Washington, DC will perform the study. Seneca has worked in
cooperation with the Ministry of Transport, Construction and Tourism
to develop this study and will share the total cost of the study
with USTDA. If the
study is positive, U.S. suppliers of applicable technologies will
benefit from the implementation of this type of train control system
in Romania.
The
U.S. Trade and Development Agency advances economic development and
U.S. commercial interests in developing and middle-income
countries. The agency
funds various forms of technical assistance, feasibility studies,
training, orientation visits and business workshops that support the
development of a modern infrastructure and
a
fair and open trading environment. USTDA’s strategic use of
foreign assistance funds to support sound investment policy and
decision-making in host countries creates an enabling environment
for trade, investment and sustainable economic development. In carrying out its mission,
USTDA gives emphasis to economic sectors that may benefit from U.S.
exports of goods and services.