Chisinau, Moldova. April 8, 2011 Millennium Challenge Corporation-Moldova This document is confidential and is intended solely for the use and information.

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Presentation transcript:

Chisinau, Moldova. April 8, 2011 Millennium Challenge Corporation-Moldova This document is confidential and is intended solely for the use and information of the client to whom it is addressed.

Agenda What is MCC? What is MCA-Moldova? How are Projects Selected/Implemented?

What is the Millennium Challenge Corporation? Government Agency – Different that USAID Designed to Fight Poverty and Corruption – Leverage Points – 3 rd Party Rights/Responsibilities for MCA-Moldova actions Two Types of Programs – Threshold Programs – Compacts

Moldova Compact Objectives Contribute to Poverty Reduction through Economic Growth Road Rehabilitation: Enhance transportation conditions Transition to High Value Agriculture: Increase incomes in the agricultural sector Create models for transition to HVA in CIS areas and an enabling environment for replication

Road Project

Irrigation Project

Poverty Through Poor Water cycle Poverty Picture Here

What is MCA-Moldova? Similar to a Program Management Office Responsible for Executing the Projects Currently Much like a Start-up Company

How are Projects Selected? Project/ActivityIncome Gains fromERRBeneficiariesDescription of Beneficiaries Sarateni – Drochia Junction M2 Savings on vehicle operating costs and value of time savings 21.1%302, ,000 people living along the road and 29,000 individuals living outside the region Rehabilitation of CIS Activity (CISRA) and Irrigation Sector Reform (ISR) Higher value crops from improved irrigation 14.3% 107,000 Employees, farmers, and lessees (renters) working in the high agriculture value sector Producers and agribusinesses outside the systems will also benefit Growing HVA Sales (GHS) Activity 5,000 Access to Agricultural Finance (AAF) Activity Private returns to the investments that result from AAF Activity Benefits to producers through higher fruit and vegetable prices 11.5%12,000 A broad set of producers and intermediaries investing in and working in the HVA sector. These beneficiaries may also benefit from other Activities, so they are not included in the total. 414,000

Current Status

Still to Come

Questions?