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Indonesia Local time: 09:56 PM

Tsunami Reconstruction Market Opportunities

The devastating earthquake and tsunami that struck Indonesia’s Aceh Province in December, 2004 caused unprecedented loss of life and an estimated $4.5 billion in property damage. Whole cities and towns lost their entire housing stock as well as public buildings and economic infrastructure.

Rebuilding Aceh will arequire the resources of the entire international community. Multilatteral development institutions like the Asian Development Bank and the World Bank have teamed with donor countries to provide funding for reconstruction projects in Aceh and neqarby Nias Island, which was largely destroyed by a second earthquake in January of this year. The U.S. Agency for International Development is also assisting Aceh recovery efforts by funding reconstruction projects.

  • Aceh Reconstruction project tenders should be released in the July-October, 2005 timeframe. U.S companies interested in participating in Aceh reconstruction projects are encouraged to visit [http:www.fedbizopps.gov] and http://www.fedgrants.gov.
  • Aceh Reconstruction Project and tender tracking is also available on Indonesia’s own website at:http://www.e-aceh.org.