Federal Register: April 21, 2008 (Volume 73, Number 77)
DOCID: fr21ap08-112 FR Doc E8-8590
MILLENNIUM CHALLENGE CORPORATION
Millennium Challenge Corporation
MCC ID: [MCC FR 08-03]
NOTICE: NOTICES
DOCID: fr21ap08-112
SUBJECT CATEGORY:
Notice of Quarterly Report (October 1, 2007--December 31, 2007)
DOCUMENT SUMMARY:
The Millennium Challenge Corporation (MCC) is reporting for
the quarter October 1, 2007 through December 31, 2007 with respect to
both assistance provided under Section 605 of the Millennium Challenge
Act of 2003 (Pub. L. 108199, Division D (the Act)), and transfers or
allocations of funds to other federal agencies pursuant to Section
619(b) of the Act. The following report shall be made available to the
public by means of publication in the Federal Register and on the
Internet Web site of the MCC (http://www.mcc.gov) in accordance with Section 612(b) of the Act.
Assistance Provided Under Section 605
Cumulative
Projects Obligated Objectives disbursements Measures
Country: Madagascar Year: 2008
Entity to which the assistance is provided: MCA Madagascar Total Quarterly Disbursement: $0
Land Tenure Project............ $37,803,000...... Increase Land $4,308,910....... Legislative proposal
Titling and reflecting the
Security. National Land Tenure
Program submitted to
Parliament and
passed.
Number of land
disputes reported and
resolved in the
target zones and
sites of
implementation.
Percentage of land
documents
inventoried,
restored, and/or
digitized.
Average time and cost
required to carry out
property
transactions.
Percent of reported
land conflicts
resolved on titled
land in zone 3, 4, 5
during the title
regularization
operations
Percentage of land in
the zones that is
demarcated and ready
for titling.
Finance Project................ $35,888,000...... Increase $3,599,784....... The number of savings
Competition in accounts and
the Financial outstanding value of
Sector. accounts from primary
banks.
Maximum check clearing
delay.
Volume of funds in
payment system and
number of
transactions.
Increased public
awareness of new
financial instruments
as measured by
surveys within
intervention zones
and large towns.
The amount of
government debt
issued with
maturities in excess
of 52 weeks.
The number of new
individual investors
buying government
debt securities.
The number of bank
branches of the
Central Bank of
Madagascar capable of
accepting auction
tenders.
Percentage of all
loans included in the
central database.
Agricultural Business $17,683,000...... Improve $4,819,510....... Number of rural
Investment Project. Agricultural producers receiving
Projection or soliciting
Technologies and information from
Market Capacity Agricultural Business
in Rural Areas. Centers about the
opportunities.
Intervention zones
identified and
description of
beneficiaries within
each zone submitted.
Number of visitors
receiving information
from National
Coordinating Center
with respect to
business
opportunities. [[Page 21382]]
Change in farm income
due to improved
production and
marketing practices.
Change in enterprise
income due to
improved production
and marketing
practices.
Number of farmers and
business employing
technical assistance
received.
Program Administration* and $18,399,000...... ................. $9,361,121 Control, Monitoring and
Evaluation.
Pending subsequent reports**... ................. ................. $640,940
Country: Honduras Year: 2008 Quarter 1 Total Obligation: $215,000,000
Entity to which the assistance is provided: MCA Honduras Total Quarterly Disbursement: $3,952,445
Rural Development Project...... $70,687,000...... Increase the $9,461,696....... Increase in farm
productivity and income resulting from
business skills Rural Development
of farmers who Project.
operate small Funds lent by MCA
and mediumsize Honduras to financial
farms and their institutions.
employees. Increase in employment
income resulting from
Rural Development
Project.
Number of Program
farmers harvesting
highvalue
horticulture crops.
Number of hectares
harvesting highvalue
horticulture crops.
Transportation Project......... $127,208,000..... Reduce $1,929,507....... Freight shipment cost
transportation from Tegucigalpa to
costs between Puerto Cortes.
targeted Price of basic food
production basket.
centers and Number of days per
national, year road is
regional and passable.
global markets.
Program Administration* and $17,105,000...... ................. $2,376,136 Control, Monitoring and
Evaluation.
Pending subsequent reports**... ................. ................. $1,577,787
Country: Cape Verde Year: 2008
Entity to which the assistance is provided: MCA Cape Verde Total Quarterly Disbursement: $0
Watershed and Agricultural $10,848,630...... Increase $291,362......... Increase in
Support. agricultural horticultural
production in productivity.
three targeted Increase in annual
watershed areas income.
on three islands. Valueadded for farms
and agribusiness.
Infrastructure Improvement..... $78,760,208...... Increase $6,154,186....... Volume of goods
integration of shipped between Praia
the internal and other islands.
market and Mobility Ratio:
reduce Percentage of
transportation beneficiary
costs. population who take
at least 5 trips per
month.
Savings on transport
costs from
improvements.
Private Sector Development..... $7,200,000....... Spur private $14,641.......... Value added in
sector priority sectors
development on above current trends.
all islands Volume of private
through investment in
increased priority sectors
investment in above current trends.
the priority
sectors and
through
financial sector
reform.
Program Administration* and $13,269,650...... ................. $3,775,862....... ...................... Control, Monitoring and
Evaluation.
Pending subsequent reports**... ................. ................. $3,694,566 ...................... [[Page 21383]]
Country: Nicaragua Year: 2008 Quarter 1 Total Obligation: $175,000,000
Entity to which the assistance is provided: MCA Nicaragua Total Quarterly Disbursement: $4,669,211
Property Regularization Project $26,400,000...... Increase $1,358,563....... Value of investment on
investment by land.
strengthening Value of urban land.
property rights. Value of rural land.
Number of days to
conduct a land
transaction.
Total cost to conduct
a land transaction.
Transportation Project......... $92,800,000...... Reduce $2,573,281....... Price of a basket of
transportation goods.
costs between Travel Time.
Leon and
Chinandega and
national,
regional and
global markets.
Rural Business Development $33,500,000...... Increase the $3,997,215....... Annual percentage
Project. value added of increase in value
farms and added of clients of
enterprises in business office.
the region. Number of jobs
created.
Number of program farm
plots harvesting
highervalue crops or
reforesting under
improvement of Water
Supply Activities.
Program Administration,* Due $22,300,000...... ................. $4,169,032 ...................... Diligence, Monitoring and
Evaluation.
Pending subsequent reports**... ................. ................. $2,256,236 ......................
Country: Georgia Year: 2008 Quarter 1 Total Obligation: $294,693,400
Entity to which the assistance is provided: MCA Georgia Total Quarterly Disbursement: $8,618,845
Regional Infrastructure $211,700,000..... Key Regional $16,722,162...... Reduction in
Rehabilitation. Infrastructure Akhalkalaki
Rehabilitated. NinotsmindaTeleti
journey time.
Reduction in vehicle
operating costs.
Increase in internal
regional traffic
volumes.
Decreased technical
losses in gas through
the main NorthSouth
pipeline.
Reduction in the
production of
greenhouse gas
emissions measured in
tons of CO2
equivalent.
Increased collection
rate of the Georgian
Gas Company (GOGC).
Number of household
beneficiaries served
by Regional
Infrastructure
Development projects.
Actual operations and
maintenance
expenditures.
Regional Enterprise Development $47,500,000...... Enterprises in $6,190,868....... Increase in annual
Regions revenue in portfolio
Developed. companies.
Increase in number of
portfolio company
employees and number
of local suppliers.
Increase in portfolio
companies' wages and
payments to local
suppliers.
Jobs created.
Increase in aggregate
incremental net
revenue to project
assisted firms.
Direct household net
income.
Direct household net
income for market
information
initiative
beneficiaries.
Number of
beneficiaries.
Program Administration,* Due 35,493,400....... ................. $7,395,795 ...................... Diligence, Monitoring and
Evaluation.
Pending subsequent reports**... ................. ................. $8,347,230 ...................... [[Page 21384]]
Country: Vanuatu Year: 2008 Quarter 1 Total Obligation: $65,690,000
Entity to which the assistance is provided: MCA Vanuatu Total Quarterly Disbursement: $0
Transportation Infrastructure $60,615,232...... Facilitate $63,685.......... Number of Tourists.
Project. transportation Number of days per
to increase year road is closed.
tourism and Number of SW Bay,
business Malekula flights
development. cancelled per year
due to flooding.
Vessel wait time at
wharf.
Program Administration,* Due $5,074,768....... ................. $1,608,111 ...................... Diligence, Monitoring and
Evaluation.
Pending subsequent reports**... ................. ................. $334,812 ......................
Country: Armenia Year: 2008 Quarter 1 Total Obligation: $235,650,000
Entity to which the assistance is provided: MCA Armenia Total Quarterly Disbursement: $3,327,390
Irrigated Agriculture Project $145,690,000..... Increase $5,634,541....... Increase in hectares
(Agriculture and Water). agricultural covered by high value
productivity added horticultural
Improve and and fruit crops.
Quality of Percentage of
Irrigation. respondents satisfied
with irrigation
services.
Share of Water User
Association water
charges as percentage
of Water User
Association annual
operations and
maintenance costs.
Number of farmers
using improved on
farm water management
practices.
Annual increase in
irrigated land in
Project area.
State budget
expenditures on
maintenance of
irrigation system.
Value of loans
provided under the
project.
Rural Road Rehabilitation $67,100,000...... Better access to $1,378,446....... Government budgetary
Project. economic and allocations for
social routine maintenance
infrastructure. of the entire road
network
Average daily traffic
in Project area.
Kilometers of Package
1 road sections
rehabilitated.
................. Kilometers of Package
2 road sections
rehabilitated.
Kilometers of Package
3 road sections
rehabilitated.
Program Administration,* Due $22,870,000...... ................. $2,732,235....... ...................... Diligence, Monitoring and
Evaluation.
Pending subsequent reports **.. ................. ................. $1,515,257 ......................
Country: Benin Year: 2008 Quarter 1 Total Obligation: $307,298,040
Entity to which the assistance is provided: MCA Benin Total Quarterly Disbursement: $4,044,765
Access to Financial Services... $19,650,000...... Expand Access to $443,003......... Operational self
Financial sufficiency of
Services. participating
microfinance
institutions.
Number of microfinance
institutions
supervised by the
microfinance cellule.
Total incremental
increase in value of
new credit extended
and savings received
by financial
institutions
participating in the
project.
Share value of all
loans outstanding
that have one or more
installments of
principal over 30
days past due.
Total number of loans
guaranteed by land
titles per year. [[Page 21385]]
Access to Justice.............. $34,270,000...... Improved Ability $251,766......... Number of cases
of Justice processed at the
System to arbitration center.
Enforce Percentage of all
Contracts and cases in the
Reconcile Claims. ``Tribunal de
Premiere Instance''
courts per year.
Percentage of all
cases resolved in
court of appeals per
year.
Average distance to
reach TPI.
Number of enterprises
registered through
the registration
center.
Average number of days
required to register
an enterprise.
Access to Land................. $36,020,000...... Strengthen $2,299,452....... Total value of
property rights additional
and increase investments in target
investment in rural land parcels.
rural and urban Total value of
land. additional
investments in target
urban land parcels.
Access to Markets.............. $169,447,000..... Improve Access to $1,773,328....... Total metric tons of
Markets through exports and imports
Improvements to passing through Port
the Port of of Cotonou per year.
Cotonou.
Program Administration,* Due $47,911,040...... ................. $4,577,954 ...................... Diligence, Monitoring and
Evaluation.
Pending subsequent reports**... ................. ................. $8,126,902
Country: Ghana Year: 2008 Quarter 1 Total Obligation: $547,009,000
Entity to which the assistance is provided: MCA Ghana Total Quarterly Disbursement: $4,100,398
Agriculture Project............ $242,352,550..... Enhance $2,743,432....... Number of hectares
Profitability of irrigated.
cultivation, Number of days to
services to conduct a land
agriculture and transaction.
product handling Number of land
in support of disputes in the pilot
the expansion of registration
commercial districts.
agriculture Registration of land
among groups of rights in the pilot
smallholder registration
farms. districts.
Metric tons of
products passing
through postharvest
treatment.
Portfolioatrisk of
agriculture loan
fund.
Value of loans
disbursed to clients
from agricultural
loan fund.
Number of additional
loans.
Vehicle operating
costs on minor,
medium and major
rehabilitated roads.
Rural Development.............. $101,288,000..... Strengthen the $136,369......... Time/ quality per
rural procurement.
institutions Score card of citizen
that provide satisfaction with
services services.
complementary Gross enrollment
to, and rates.
supportive of, Gender parity in
agricultural and school enrollment.
agriculture Distance to collect
business water.
development. Time to collect water.
Distance to sanitation
facility.
Travel time to
sanitation facility.
Incidence of guinea
worm, diarrhea or
bilharzias.
Average number of days
lost due to guinea
worm, diarrhea or
bilharzias.
Percentage of
households, schools,
and agricultural
processing plants in
target districts with
electricity.
Number of interbank
transactions.
Value of deposit
accounts in rural
banks.
Transportation................. $141,735,500..... Reduce the $30,424.......... Volume capacity ratio.
transportation Vehicles per hour at
costs affecting peak hour.
agriculture Travel time at peak
commerce at sub hour.
regional levels. International
roughness index.
Annual average daily
vehicle and passenger
traffic.
Program Administration,* Due $61,632,950...... ................. $3,257,906....... ...................... Diligence, Monitoring and
Evaluation.
[[Page 21386]]
Pending subsequent reports**... ................. ................. $7,272,608
Country: El Salvador Year: 2008 Quarter 1 Total Obligation: $460,939,996
Entity to which the assistance is provided: MCA El Salvador Total Quarterly Disbursement: $1,810,602
Human Development Project...... $91,674,603...... Increase human $0............... Number of students
and physical enrolled in the
capital of Chalatenango Center
residents of the functioning as a
Northern Zone to MEGATEC institute.
take advantage Graduation rate of
of employment students enrolled in
and business the Chalatenango
opportunities. Center functioning as
a MEGATEC institute.
Number of students
enrolled in
participating middle
technical schools.
Graduation rate of
students enrolled in
participating middle
technical schools.
Number of students
enrolled in non
formal training
activities.
Graduation rate of
students enrolled in
nonformal training
activities.
Number of households
with access to water
in the Northern Zone.
Number of households
with access to basic
sanitation in the
Northern Zone.
Number of households
with electricity in
the Northern Zone.
Number of individuals
that benefit annually
from the strategic
infrastructure
projects.
Productive Development Project. $84,196,330...... Increase $0............... Investment in
production and productive chains by
employment in selected
the Northern beneficiaries. Zone.
Connectivity Project........... $234,963,039..... Reduce travel $0............... Weighted average of
cost and time the International
within the Roughness Index for
Northern Zone, the rehabilitation of
with the rest of the Transnational
the country, and Highway.
within the Weighted average of
region. the International
Roughness Index for
the rehabilitation of
the network of
connecting roads.
Program Administration * and $50,106,024...... ................. $0............... Control, Monitoring and
Evaluation.
Pending Subsequent Report **... ................. ................. $4,034,819
Country: Mali Year: 2008 Quarter 1 Total Obligation $460,684,411
Entity to which the assistance is provided: MCA Mali Total Quarterly Disbursement: $1,485,669
Bamako Senou Airport $89,631,177...... Establish an $263,697......... Number of weekly
Improvement Project. independent and flight arrivals and
secure link to departures.
the regional and Average time for
global economy. passengers to
complete departures
and arrivals
procedures.
Industrial Park Project........ $94,563,559...... Develop a $529,093......... Occupancy level.
platform for Average number of days
industrial required for operator
activity to be to connect to
located within Industrial Park water
the Airport and electricity
domain.. services.
Alatona Irrigation Project..... $234,674,675..... Increase the $0............... Weighted average of
agricultural the International
production and Roughness Index for
productivity in the rehabilitation of
the Alatona zone the NionoGoma Coura
of the ON.. road.
Annual average daily
count of vehicles on
the NionoGoma Coura
road.
Total amount of land
irrigated by the
Project in the
Alatona zone.
Average water volume
delivered at the farm
level in the Alatona
zone.
Crop water
requirements as a
percentage share of
water supply at the
canal headworks in
the Alatona Zone.
Number of 5 and 10
hectare farm plots
allocated in the
Alatona zone. [[Page 21387]]
Total market garden
parcels allocated in
the Alatona zone.
Number of titles
registered in the
land registration
office granted to
households in the
Alatona zone.
Number of students
enrolled in schools
established by the
Project.
Graduation rate of
students enrolled in
schools established
by the Project.
Number of farms
adopting at least one
new extension
technique as a
percentage of all
farms receiving
technical assistance
under the Project.
Total amount of credit
extended in loan
portfolios by
participating
microfinance
SUMMARY:
Quarterly Report (October 1, 2007- December 31, 2007),