; and (6) promoting development and challenging the People's Republic of China will require flexibility, responsiveness, creativity, and risk-taking, which are the ethos of the investment corporation. 252. BUILD Americas Unit Title I of the BUILD Act of 2018 ( 22 U.S.C. 9611 et seq. ) is amended by adding at the end the following new section: 1416. BUILD Americas Unit (a) Establishment There is established in the Corporation a BUILD Americas Unit (in this division referred to as the Unit ). (b) Purpose The purposes of the Unit are as follows: (1) To advance the interests of the United States Government. (2) To near-shore industries from the People's Republic of China. (3) To support the development of large scale infrastructure ecosystems for the purposes of rapid industrialization of the Western Hemisphere. (4) To support the relocation of strategic supply chains (as that term is defined in section 254 of the Americas Act ). (c) Countries of operation The Unit shall operate in all Americas partner countries (as that term is defined in section 2 of the Americas Act ), without regard to the income limitations described in section 1412(c)(2). (d) Funding Such sums as may be necessary to carry out this section shall be made available from the Re-shoring and Near-shoring Account established under section 301 and the amounts authorized under section 212(a)(2) of the Americas Act . (e) Deputy Chief Executive Officer (1) Appointment There shall be in the Unit, a Deputy Chief Executive Officer for the Americas (in this section referred to as the Deputy Chief ) , who shall be appointed by the President, by and with the advice and consent of the Senate, and who shall report to the Deputy Under Secretary of Commerce for the Americas Partnership. (2) Compensation The Deputy Chief shall be compensated at a rate equivalent to level I of the Executive Schedule under section 5312 of title 5, United States Code. (f) Personnel management authority (1) Staffing (A) In general Without regard to any provision of title 5, United