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MCC/MCA Overview

MCC/MCA Overview. Evan Freund Deputy Country Director 30 July 2010. Millennium Challenge Corporation. The Millennium Challenge Corporation (MCC) is a United States Government corporation. MCC’s mission is to reduce global poverty through the promotion of sustainable economic growth.

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MCC/MCA Overview

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  1. MCC/MCA Overview Evan Freund Deputy Country Director 30 July 2010

  2. Millennium Challenge Corporation • The Millennium Challenge Corporation (MCC) is a United States Government corporation. • MCC’s mission is to reduce global poverty through the promotion of sustainable economic growth. • Established in 2004, MCC is based on the principles: • Reducing Poverty Through Economic Growth • Good Policies Matter • Country Ownership • Focus on Results

  3. The Mozambique Compact US$ 506.9 Million Water and Sanitation Project ($203.6 M) Transportation Project ($176.3 M) Land Tenure Services Project ($39.1 M) Farmer Income Support Project ($17.4 M)

  4. Water Supply and Sanitation Project ($203.6 MM)

  5. Timeframe for Implementation Compact Signed 2007 Entry into Force 2008 Compact Completion 2013 Implementation Mobilization and Start Up Engineering, socio-economic and environmental impact studies, detailed design of projects, and management services Procurements completed in 2008-9 Institutional Capacity Building and Technical Assistance Services Procurements completed in 2008 to 2013 Construction and Supervision Procurements projected for 2010 to 2012

  6. Thank You

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