Top USAID Private Sector Partners: A Primer
The U.S. Agency for International Development regularly taps the private sector to deliver assistance abroad. Which companies have received the largest share? Here’s our top 20, based on USAID data.
Period: 2011
A. In October 2007, the Millennium Challenge Corporation (MCC) signed a five-year, $285 million Compact with the Government of Mongolia aimed at reducing poverty and promoting sustainable economic growth through investments in several key projects. These strategic investments will increase economic activity through improvement in the efficiency and capacity of two critical segments of the north-south road network; reduction in air pollution and solid fuel costs of households; secure and register property land titles in urban areas and support sustainable utilization and management of rangelands in selected peri-urban areas; provide improved vocational training to help Mongolians qualify for more demanding and financially rewarding market-oriented jobs, and ensure that they become healthier and more productive as they enter the marketplace. To implement the Millennium Challenge Compact, Government of Mongolia established the Millennium Challenge Account – Mongolia (MCA-Mongolia) which is responsible for the implementation of the MCC-funded program in Mongolia. The MCC Compact in Mongolia entered into force (EIF) in September 2008, formally initiating the 5-year timeline for project implementation.
B. The Government, acting through Millennium Challenge Account - Mongolia (“MCA-M”), intends to apply a portion of the MCC Funding to eligible payments under these contracts. Payments by MCA-M will be subject, in all respects, to the terms and conditions of the Compact, including restrictions on the use of MCC funding.