(Trade Monitor) The Obama Administration today revealed it is embarking upon a $300 million Palestinian construction project; U.S. companies, however, need not apply.

Indeed, the stated goal of this U.S. Agency for International Development (USAID) project is to award program contracts solely to West Bank and Gaza-area vendors, according to presolicitation notice released today.

The Local Construction Program, or LCP, as it is known, will seek out non-governmental entities to carry out a variety of initiatives involving “local construction or rehabilitation of roads, buildings, water, wastewater, public buildings including health facilities, schools, and other infrastructure.”

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