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TITLE I-Continued

Further projects to be explored-Continued

Germany-Continued

2. Expansion zinc and lead production capacity of the Stolberger zinc A. G. at Maubach. United States aid requirements for fiscal year 1954___

Total for Germany.

Yugoslavia:

1. Strnice aluminum. This project for the provision of aluminum-production capacity from domestic raw materials, is under consideration for joint financing with the IBRD and the Yugoslavs under the fiscal year 1953 program. Its continuation in fiscal year 1954 will require further financing. United States aid requirements for fiscal year 1954_.

Subtotal, further projects to be explored, title I, metropolitan

Estimated dollar cost

3.0

5.5

2.0

[blocks in formation]

Subtotal illustrative list of Asian countries and MSA Dependent Overseas Territories____

1 These projects are briefly described on p. 13.

1 0.250 1 0.300

12.500

1

1 0.525 10.500

* 5.925

10.00

The probable total dollar cost of the basic materials projects for India is $10 million, of which $5.9 million have been included in the illustrative list and the balance of $4.1 million in the list of further projects to be explored.

Further projects to be explored

ASIAN COUNTRIES AND DEPENDENT OVERSEAS TERRITORIES

Philippines nickel deposits: Nickeliferous iron ores in northeast Mindanao and Island of Manicomi. Preliminary drilling followed by more detailed exploration needed to prove relatively high-grade nickel content in lower strata of deposit. DMPA financing metallurgical test work and is interested in event existence of commercial ore body is established. DMPA cannot finance at present stage. MSA could participate here. Possible cost for fiscal year 1954. Philippines sipalay copper project: This is a potentially large, low-grade deposit. Drilling program indicated.

0.300

0.500

Malaya: Ula Rompin iron ore deposit in Trengganu state is known to contain more than 30 million tons of high-grade iron ore. It is believed that the $10 million needed to finance the dollar costs of developing the deposit and necessary ancillary facilities will probably handled by the EXIM Bank. For this reason, the amount is not included in the total. However, in Asia the EXIM Bank does not take up the loan, this project should be considered as a possible prime project justifying BMD financing to fill the gap (estimate) ___ 10. O

India:

TITLE II AND III COUNTRIES-Continued
Further projects to be explored-Continued

1. Railway rolling stock: India's iron ore, manganese, and coal deposits cannot now be used to maximum effectiveness by India and the free world because of transportation handicaps. India's rolling stock was severely depleted during the war and is completely unable to handle expanded postwar demands of international trade. The International Bank has already realized this problem and advanced a $34 million loan in August 1949 for rehabilitation of Indian railways. However, the increased needs of India's economy under the 5-year plan as well as world demands for raw materials has outstripped the rate at which India can make available foreign exchange for vitally needed railroad expansion.

2. Engineering works for coal handling: India has huge potential coal reserves that can be harnessed for both expansion of India's own iron industry and for providing the coal for the Japanese steel market. In order to use the expanded rail network efficiently, more equipment is needed to handle loading, unloading, and preparation of coal. The amount of foreign exchange required for this project is $2.6 million.

3. Railway construction: Even with added facilities India's present railway trackage does not permit maximum export of ores. A high priority project in this field is to double track the present single line from the ore fields to the port of Visakhapatnam. In addition to the double trackage some modern traffic management equipment is needed to handle the increased traffic load. The estimated cost of this project is $24.7 million.

4. Port facilities: The 3 projects listed above will increase ore production and transportation at all stages from mine to port. However, in order to complete the work required to boost exports by 2 million tons the port facilities at Visakhapatnam must be improved. The foreign exchange cost of equipment for port improvement which cannot be financed by India is estimated at $2.6 million. Total for India----

Subtotal for further projects to be explored-Asian countries and
dependent overseas territories__.

Estimated dollar cost

4. 10

14.9

MISCELLANEOUS NEAR EAST AND AFRICAN TCA COUNTRIES

Ethiopia:

1. Aerial-mapping survey including photographic coverage for use in identifying the basic resources of the country susceptible of development: These resources would include minerals, water power, forestry, vegetable oils for use in industry, livestock and its byproducts. Cost-

2. Mineral exploration for use in identifying the types of quantities of minerals which can be economically exploited: Such information would serve in publicizing investment opportunities to attract private capitalization before efforts would be made to secure probable loans or grants. Estimated cost $200 per year for 5 years.

3. Port facility at Massawa: A principal limitation upon Ethiopia in export of materials is the lack of adequate port facilities. The harbor of Massawa must be cleared of sunken Italian vessels and wharves built to adequately handle shipment of strategic material. The total cost of a full-scale job has been estimated at $8 million, however, the work might be limited to selected units within a total cost of..

Total for Ethiopia_-.

1.0

1.0

1.0

3.0

Liberia :

TITLE II AND III COUNTRIES-Continued

Further projects to be explored-Continued

1. Shallow-water harbor, Cape Palmas: The joint commission for economic development has requested the Bureau of Reclamation to make a preliminary design and cost estimate of a shallowwater port at Cape Palmas. The survey has been completed and plans drafted for the harbor. The harbor would facilitate shipment of rubber from a Firestone plantation in this area which is currently handled by surf boats to ships anchored a mile off shore. The harbor would make possible utilization of the timber stand of the excellent Ibeke forest estimated to be worth $256,000,000. The Liberian Government has signed a memorandum of intent with the Society for Utilization of Vegetable Raw Materials of Hamburg for a concession in this area. Estimated cost---.

2. Transportation of mineral deposits: The Bomi Hills iron deposit near Monrovia offers an opportunity for an important new source of iron. A photographic survey of the area is 78 percent completed. A minimum of $5 million could be used in ground surveys, opening up operations and finishing up roads into areas for mineral development. An initial allocation for ground survey and related activities is proposed in the amount of--

Estimated dollar cost

3. Rice production: A restricting factor in the development of basic materials and the economic development of the country is limitation of rice production. Liberia plans to allocate 10 percent of its economic development funds to rice development. Engineering structures, machinery, and technical assistance to increase rice production on swamp lands in 5 centers where the production of basic materials is being developed would cost approximately $100 per center---

Libya :

Total for Liberia_----

1. Minerals and iron ore development: Preliminary reports indicate that manganese in commercial quantities exists in the mountains south of Derna. There are also well substantiated reports of the existence of iron ore deposits in Fezzan, as well as indications of mineral deposits of various types near the Libyan-French Equatorial boundary. Further exploration of these deposits for purposes of commercial development would call for an initial allotment of $200,000__

2. Trackless train: The current development of a "trackless train" which may be capable of transporting 150-200 tons on a specially designed vehicle through off-the-road country offers the potentiality of delivering to Mediterranean ports the products of the upper areas of French Equatorial and French West Africa. If this development is successful, it may also be utilized in other desert and otherwise roadless areas. Cost of 3 units would be...

Total for Libya----

Jordan:

Road to open up potash and phosphate deposits: Point 4 activities are assisting the Jordanian Government in the plans for the development of potash and phosphate deposits in the interior of Jordan. One of the problems connected with this development will be that of access to the seaport of Aqaba. Access roads will be required at an estimated cost of--.

Total for Jordan---.

1.8

0.5

2.7

0.2

1.0

1.2

1.0

1.0

Iran:

TITLE II AND III COUNTRIES-Continued

Further projects to be explored-Continued

The island of Hormaz has substantial deposits of red oxide, which is currently being loaded at a rate of approximately 400 tons per day, by small boats to an offshore anchorage. It has been recommended that exploratory work be done to determine both the quality and quantity of the reserves. If the exploratory work indicates that the project merits further development, access roads and harbor improvement would be necessary. The harbor improvement would aiso facilitate salt mine operations on the island. Total development costs are estimated at $1,000,000__~_.

Total for Iran_____

Regional:

Utilization of flame gases: One of the most challenging prospects of industrial development in the Near East is the utilization of waste gases from the oil wells in the oil countries. It has been estimated that the natural gases from these wells, converted into fertilizer could equal the entire world production of fertilizer. Processing of these gases would involve sulfur, carbon black, caustic soda, chlorine, elemental phosphates, ammonium nitrate, ammonium sulfate, synthetic rubber, and other products. A study of the economic feasibility of this project would be the first step. It would then be necessary to determine whether private-investment sources were interested in the development. However, if the project should have basic-material-program uses, some investments in pilot plants, etc., might be found necessary. Exact costs would have to follow the economic survey. Allotment for this activity is estimated at $1 million--

Total regional...

Total miscellaneous Near East and African TCA countries____

Formosa:

Coking-coal projects: This project is aimed at the development of a mining property to produce high-quality coking coal. There is a possibility of exporting a part of this production to Japan and future Taiwan needs are such that the proposed development would conserve foreign exchange, otherwise required for imports---. Thailand:

Building access roads to tin, wolfram, lead, zinc-mine developments-

Philippines:

1. Iron-ore projects: Property selling iron ores to Japan. There is possibility of producing sulfur as a byproduct. Cost of building concentration____

2. Manganese projects: Busuanga manganese mine on Busuanga Island. Northeast Palawan area. Property has reserves of 400,000 tons of 45-55-percent manganese ore. Concentrating equipment and wharf repairs needed................

3. Bohol manganese: Operated by General Base Metals Co. Present output 20,000 tons. Trucking equipment, washing plant, wharf, and shipping facilities needed...

4. Chrome deposits: DMPA wants to increase output of metallurgical chrome for shipment to United States. Representative on ground trying to interest local groups in widespread development program. DMPA unable to finance the necessary drilling campaign. MSA could participate here--

Estimated dollar cost

1.0

1.0

1.0

1.0

9.9

0.250

0.300

2.500

0.350

0.175

0.500

Subtotal, illustrative list of MSA claimant countries in south-
east Asia

4.075

MUTUAL SECURITY PROGRAM DEPENDENT OVERSEAS TERRITORIES PROGRAM, CONGRESSIONAL PRESENTATION STATEMENT, FISCAL YEAR 1954

I. THE PROGRAM

The executive branch has proposed an overseas territories development program for fiscal year 1954 which will require new obligational authority of $25 million. This will be supplemented by the use of funds provided for under the basic materials program which is being presented separately. This makes possible a single program with three related approaches for making an effective United States contribution to meeting the needs of the dependent overseas territories of the European NATO countries for rapid, substantial and balanced development in their political, economic and social life. The three aspects of the program are:

1. Technical assistance.-Technical assistance will make available to the territories the specialized skills and the scientific knowledge which is essential to the solution of problems basic to the welfare of the native peoples in health, housing, sanitation and agriculture. Technical assistance will also be available for resources development, for increasing private investment, for the improvement of administrative practices, for technological advancement and expanding productivity. These are essential elements creating a base for the economic and social growth of the native peoples, which will make possible and justify increased private investment in productive enterprises. The United States, which was so recently an underdeveloped country itself, has had to find solutions to many of the same problems, particularly in the field of agriculture and transport, that are now faced by these underdeveloped territories. Europe, which in some cases has not been faced with the same problems and which has developed over so much longer a period of time, has not developed as fully the techniques and skills necessary to the solutions of these problems. It is because of this unique contribution which the United States has to make that technical assistance is of vital importance in the development of these territories. There is, however, another important reason why technical assistance is necessary. The territories are so numerous and the area they cover so vast that even where European techniques and skills are adequate, in many fields there are not sufficient European technicians available. The required transfer of skills, techniques and knowledge will ordinarily be made by making available United States experts to assist the local administrators in the territories and by furnishing the specialized equipment and materials essential to the effective conduct of the programs.

2. General development.—The general development aspect of this program is closely related to technical assistance. It is the second tool to be used to achieve our objectives as expressed above and is the one which will be most effective in redirecting investment toward projects of high priority interest to the United States. While technical aid consists primarily in meeting the costs of making available the services of experts, general development requires a direct capital investment. The United States contribution will ordinarily be less than half and frequently far less than half; its availability will make possible the early carrying out of projects which might not otherwise be undertaken and will induce substantial investment by the metropole and the territory. Financial assistance for development will generally be made available for essential projects which contribute to the welfare of the native peoples and to the economic growth of the territories. The program will stress, among other things, land development with particular emphasis on utilization of water resources as means of increasing the supply of food for the local peoples, thus raising them above the subsistence level and improving the labor supply. Methods and techniques more adapted to the local problems in fields such as agriculture, housing, transportation and health will be demonstrated in actual practice on a sufficient scale to show how their adoption would improve living standards and expand production. Assistance for these purposes, as well as in connection with the basic materials program described below, will be made available to meet both the direct dollar costs and a portion of the local currency costs of the projects.

3. Basic materials development.-Funds from the basic materials development program will be available for the third aspect of this program; i. e., for financing

1 The $25 million is included in the fiscal year 1954 Mutual Security_authorization request as follows: $1 million for dependent overseas territories in the Far East (sec. 543, proposed legislation) and $24 million for African dependent overseas territories (sec. 206, proposed legislation).

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