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B-159451 1 (1973-08-10)

handle is hein.gao/gaobaafor0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE ouWASHINGTON, D.C. 20548 -2 ~ ~ / ' INTERNATIONAL DIVISION B-159451 AG 10 1873 The Honorable John A. Hannah, Administrator IIlllIIIII/IIIIIII/hllhIIIIIIII Agency for International Development LM095802 Dear Dr. Hannah: We have reviewed the East Asian regional economic assistance progr to seei f i behTftively and efficenty ad consistent with United States policies and objectives. During fiscal years 1966-72, t he-U'nited States provided $88 ffilion in regional assistance to East Asia and the amount of assistance may be increased substantially in coming years since a large reconstruction program is planned for Southeast Asia. Even at the present time, existing development plans envision huge investments in the region. One plan for developing the Mekong River Basin estimated that $12 billion would be required by the year 2000. A second plan indicated about $3.25 billion more would be needed to finance regional transportation projects. In discussing U.S. commitments, a responsible Agency for International Development (AID) official advised us that the United States has made no financial commitments for the overall Mekong Basin development scheme and does not intend to provide more than 25 percent of the total cost of large individual projects. Some of the regional program projects which have received sizable amounts of U.S. funds are: Nam Ngum Dam-$14.4 million, Pa Mong Dam feasibility studies--$13.7 million, Asian Institute of Technology-$12.1 million, regional education projects--$11.5 million, transportation and communication preinvestment studies-$2.7 million, International Rice Research Institute-1.9 million, and the Asian Vegetable Research and Development Center--1.2 million. We reviewed these AID-administered projects to determine whether they (i) have regional significance-benefit more than one country and receive the cooperation and support of the countries of the region, (2) encouraged contributions by other countries and international organizations, and (3) were managed adequately to protect U.S. interests. RESULTS OF OUR REVIEW We found that the East Asian regional assistance program has provided funds to projects necessary for the economic development of the region and has helped promote regional cooperation. For example: ~~o~PAoO

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