Federal Register: January 9, 2009 (Volume 74, Number 6)
DOCID: fr09ja09-63 FR Doc E9-181
MILLENNIUM CHALLENGE CORPORATION
Millennium Challenge Corporation
MCC ID: [MCC 09-05]
NOTICE: NOTICES
DOCID: fr09ja09-63
SUBJECT CATEGORY:
Notice of Quarterly Report (July 1, 2008-September 30, 2008)
DOCUMENT SUMMARY:
The Millennium Challenge Corporation (MCC) is reporting for
the quarter July 1, 2008 through September 30, 2008 in 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 Quarter 4 Total obligation: $109,773,000
Entity to which the assistance is provided: MCA Madagascar Total quarterly disbursement: $12,296,269
Land Tenure Project............. $37,803,000 Increase Land $15,491,326 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 $11,298,895 The number of savings
Competition in the accounts and
Financial Sector. outstanding value of
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. [[Page 953]]
Percentage of all loans
included in the
central database.
Agricultural Business Investment $17,683,000 Improve $8,923,689 Number of rural
Project. Agricultural producers receiving or
Projection soliciting information
Technologies and from Agricultural
Market Capacity in Business Centers about
Rural Areas. 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.
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 ................... $10,483,218 Control, Monitoring and
Evaluation.
Pending subsequent reports **... ............... ................... $12,654,499
* Program administration funds are used to pay items such as salaries, rent, and the cost of office equipment.
** These amounts represent disbursements made that will be allocated to individual projects in the subsequent
quarter(s) and reported as such in subsequent quarterly report(s).
Cumulative
Projects Obligated Objective disbursements Measures
Country: Honduras Year: 2008 Quarter 4 Total obligation: $215,000,000
Entity to which the assistance is provided: MCA Honduras Total quarterly disbursement: $13,479,730
Rural Development Project....... $70,687,000 Increase the $21,844,528 Increase in farm income
productivity and resulting from Rural
business skills of Development Project.
farmers who Funds lent by MCA
operate small and Honduras to financial
mediumsize farms institutions.
and their
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.......... $127,491,876 Reduce $8,329,169 Freight shipment cost
transportation from Tegucigalpa to
costs between Puerto Cortes.
targeted Price of basic food
production centers basket.
and national, Number of days per year
regional and road is passable.
global markets.
Program Administration * and $16,821,124 ................... $3,994,766 Control, Monitoring and
Evaluation.
Pending subsequent reports **... ............... ................... $776,067
Cumulative
Projects Obligated Objectives disbursements Measures
Country: Cape Verde Year: 2008 Quarter 4 Total obligation: $110,078,488
Entity to which the assistance is provided: MCA Cape Verde Total quarterly disbursement: $9,450,397
Watershed and Agricultural $10,848,630 Increase $3,541,205 Increase in
Support. agricultural horticultural
production in productivity.
three targeted Increase in annual
watershed areas on income.
three islands. Valueadded for farms
and agribusiness. [[Page 954]]
Infrastructure Improvement...... $83,160,208 Increase $16,923,184 Volume of goods shipped
integration of the between Praia and
internal market other islands.
and reduce Mobility Ratio:
transportation Percentage of
costs. beneficiary population
who take at least 5
trips per month.
Savings on transport
costs from
improvements.
Private Sector Development...... $2,800,000 Spur private sector $356,711 Value added in priority
development on all sectors above current
islands through trends.
increased Volume of private
investment in the investment in priority
priority sectors sectors above current
and through trends.
financial sector
reform.
Program Administration * and $13,269,650 ................... $6,218,097 Control, Monitoring and
Evaluation.
Pending subsequent reports **... ............... ................... 0
Cumulative
Projects Obligated Objective disbursements Measures
Country: Nicaragua Year: 2008 Quarter 4 Total obligation: $174,710,890
Entity to which the assistance is provided: MCA Nicaragua Total quarterly disbursement: $ 11,129,188
Property Regularization Project. $22,000,000 Increase Investment $4,669,995 Value of investment on
by strengthening land.
property rights. Value of urban land.
Value of rural land.
Number of days to
conduct a land
transaction.
Total cost to conduct a
land transaction.
Transportation Project.......... $105,193,200 Reduce $8,990,461 Price of a basket of
transportation goods.
costs between Leon Travel Time.
and Chinandega and
national, regional
and global markets.
Rural Business Development $32,897,500 Increase the value $11,325,597 Annual percentage
Project. added of farms and increase in value
enterprises in the added of clients of
region. business office.
Number of jobs created.
Number of program farm
plots harvesting
highervalue crops or
reforesting under
improvement of Water
Supply Activities.
Program Administration *, Due $14,909,300 ................... $6,867,070 Diligence, Monitoring and
Evaluation.
Pending subsequent reports **... ............... ................... $2,129,337
Cumulative
Projects Obligated Objective disbursements Measures
Country: Georgia Year: 2008 Quarter 4 Total obligation: $295,300,000
Entity to which the assistance is provided: MCA Georgia Total quarterly disbursement: $21,853,277
Regional Infrastructure $216,600,000 Key Regional $45,138,132 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. $47,350,000 Enterprises in $16,230,586 Increase in annual
Regions Developed. revenue in portfolio
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. [[Page 955]]
Direct household net
income for market
information initiative
beneficiaries.
Number of
beneficiaries.
Program Administration *, Due $36,100,000 ................... $10,630,824 Diligence, Monitoring and
Evaluation.
Pending subsequent reports **... ............... ................... $1,162,968
Cumulative
Projects Obligated Objective disbursements Measures
Country: Vanuatu Year: 2008 Quarter 4 Total obligation: $65,690,000
Entity to which the assistance is provided: MCA Vanuatu Total quarterly disbursement: $9,498,932
Transportation Infrastructure $60,587,816 Facilitate $188,462 Number of Tourists.
Project. transportation to Number of days per year
increase tourism road is closed.
and business Number of SW Bay,
development. Malekula flights
cancelled per year due
to flooding.
Vessel wait time at
wharf.
Program Administration *, Due $5,074,768 ................... $19,844,963 Diligence, Monitoring and
Evaluation.
Pending subsequent reports **... ............... ................... $19,844,963
Cumulative
Projects Obligated Objective disbursements Measures
Country: Armenia Year: 2008 Quarter 4 Total obligation: $235,650,000
Entity to which the assistance is provided: MCA Armenia Total quarterly disbursement: $5,030,672
Irrigated Agriculture Project $145,680,000 Increase $12,015,860 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 onfarm 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 $5,541,926 Government budgetary
Project. economic and allocations for
social routine maintenance of
infrastructure. 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 ................... $5,411,097 Diligence, Monitoring and
Evaluation.
Pending subsequent reports **... ............... ................... $1,224,709
Cumulative
Projects Obligated Objective disbursements Measures
Country: Benin Year: 2008 Quarter 4 Total obligation: $307,298,040
Entity to which the assistance is provided: MCA Benin Total quarterly disbursement: $9,377
Access to Financial Services.... $19,650,000 Expand Access to $1,737,505 Operational self
Financial Services. sufficiency of
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. [[Page 956]]
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.
Access to Justice............... $34,270,000 Improved Ability of $1,424,538 Number of cases
Justice System to processed at the
Enforce Contracts arbitration center.
and Reconcile Percentage of all cases
Claims. in the ``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 property $6,417,860 Total value of
rights and additional investments
increase in target rural land
investment in parcels.
rural and urban land.
Total value of
additional investments
in target urban land
parcels.
Access to Markets............... $169,447,000 Improve Access to $4,328,427 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 ................... $9,554,759 Diligence, Monitoring and
Evaluation.
Pending subsequent reports **... ............... ................... $933,326
Cumulative
Projects Obligated Objective disbursements Measures
Country: Ghana Year: 2008 Quarter 4 Total obligation: $547,009,000
Entity to which the assistance is provided: MCA Ghana Total quarterly disbursement: $10,423,856
Agriculture Project............. $240,984,001 Enhance $12,127,070 Number of hectares
Profitability of irrigated.
cultivation, Number of days to
services to conduct a land
agriculture and transaction.
product handling Number of land disputes
in support of the in the pilot
expansion of registration
commercial districts.
agriculture among Registration of land
groups of rights in the pilot
smallholder farms. registration
districts.
Metric tons of products
passing through post
harvest 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 $973,565 Time/ quality per
rural institutions procurement.
that provide Score card of citizen
services satisfaction with
complementary to, services.
and supportive of, Gross enrollment rates.
agricultural and Gender parity in school
agriculture enrollment.
business Distance to collect
development. water.
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.................. $143,104,000 Reduce the $1,913,952 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. [[Page 957]]
Annual average daily
vehicle and passenger
traffic.
Program Administration *, Due $61,632,999 ................... $10,134,998 Diligence, Monitoring and
Evaluation.
Pending subsequent reports **... ............... ................... $808,368
Cumulative
Projects Obligated Objective disbursements Measures
Country: El Salvador Year: 2008 Quarter 4 Total obligation: $460,940,000
Entity to which the assistance is provided: MCA El Salvador Total quarterly disbursement: $6,521,093
Human Development Project....... $95,073,000 Increase human and $1,172,454 Number of students
physical capital enrolled in the
of residents of Chalatenango Center
the Northern Zone functioning as a
to take advantage MEGATEC institute.
of employment and Graduation rate of
business students enrolled in
opportunities. the Chalatenango
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 nonformal
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.. $87,466,000 Increase production $5,514,266 Investment in
and employment in productive chains by
the Northern Zone. selected
beneficiaries.
Connectivity Project............ $233,560,000 Reduce travel cost $94,900 Weighted average of the
and time within International
the Northern Zone, Roughness Index for
with the rest of the rehabilitation of
the country, and the Transnational
within the region. Highway.
Weighted average of the
International
Roughness Index for
the rehabilitation of
the network of
connecting roads.
Program Administration * and $44,841,000 ................... $4,998,673 Control, Monitoring and
Evaluation.
Pending Subsequent Report **.... ............... ................... $703,921
Cumulative
Projects Obligated Objective disbursements Measures
Country: Mali Year: 2008 Quarter 4 Total obligation: $460,811,164
Entity to which the assistance is provided: MCA Mali Total quarterly disbursement: $1,638,291
Bamako Senou Airport Improvement $182,007,541 Establish an $1,377,281 Number of weekly flight
Project. independent and arrivals and
secure link to the departures.
regional and Average time for
global economy. passengers to complete
departures and
arrivals procedures.
Industrial Park Project......... $2,080,155 Develop a platform $2,080,155 Occupancy level.
for industrial Average number of days
activity to be required for operator
located within the to connect to
Airport domain. Industrial Park water
and electricity
services. [[Page 958]]
Alatona Irrigation Project...... $234,884,675 Increase the $436,925 Weighted average of the
agricultural 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.
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
institutions and banks
in the Alatona zone.
Number of active
clients of
microfinance
institutions and banks
in the Alatona zone.
Program Administration * and $41,838,793 ................... $6,363,455 Control, Monitoring and
Evaluation.
Pend
SUMMARY:
Quarterly Report (July 1, 2008–September 30, 2008),