Our investment in IT is likely to expand given the priority being placed on this sector by Asian governments and businesses. In 2001, we intend to explore opportunities in distance learning, remote sensing, GIS, surface and air navigation aids and telemedicine. Through targeting industrial and service sectors such as agriculture, metals, refineries, health care, and environment, we hope to identify new IT clients as well. Exports Taking Flight to Vietnam More than 400 American companies are doing business in Vietnam today. 2000 set the stage for an active commercial partnership with the signing of the U.S.-Vietnam Trade Agreement and President Clinton's trip to the country.
Reliable transportation is critical to growing and opening countries.
In 2001, TDA will fund two major feasibility studies to expedite air travel in Vietnam. The first study will provide technical assistance to Vietnam Airlines to create an information technology procurement plan. The Airline's projected growth plans include doubling its fleet over the next five years and we believe early establishment of a bilateral working relationship will serve the U.S. aviation industry well. TDA will also provide funding for a feasibility study on the development of a new terminal at the Da Nang International Airport, the principle facility serving the country's central region. Again, we believe this project will lay the groundwork for additional infrastructure business for U.S. companies as more travelers make use of this new facility.