MCA-Vanuatu Compact Agreement

This “Millennium Challenge Compact” is made between the United States of America, acting through the Millennium Challenge Corporation,(“MCC”), and the Government of the Republic of Vanuatu. The Compact between the Vanuatu Government and the Millennium Challenge Corporation was sign on March 2, 2006.

Project Objectives. The overall objective of this Compact is to reduce poverty and increase incomes in rural areas by stimulating economic activity in the tourism and agricultural sectors through the improvement of transport infrastructure, which is key to economic growth and poverty reduction in Vanuatu (the “Compact Goal”). The Parties have identified the following project-level objectives (each a “Project Objective” and together the 2 “Project Objectives”) to advance the Compact Goal, each of which is described in more detail in the Annexes attached hereto:

Provide improved or new priority transport infrastructure in rural areas and outer islands, including roads, wharfs, airstrips and warehouses (the “Infrastructure Objective”); and
Strengthen the ability of the Government, specifically the capacity and capability of the Department of Public Works, to maintain and sustain Vanuatu’s infrastructure assets (the “Institutional Strengthening Objective”).

The Government expects to achieve, and shall use its best efforts to ensure the achievement of, these Project Objectives during the Compact Term.Read more...

Section 1.2 Projects. The Annexes attached hereto describe the specific projects and the policy reforms and other activities related thereto (each, a “Project”) that the Government will carry out, or cause to be carried out, in furtherance of this Compact to achieve the Project Objectives.
Section 1.3 Entry into Force; Compact Term. This Compact shall enter into force on the date of the last letter in an exchange of letters between the Principal Representatives of each Party confirming that each Party has completed its domestic requirements for entry into force of this Compact and that all conditions set forth in Section 4.1 have been -satisfied by the Government and MCC (such date, the “Entry into Force”). This Compact shall remain in force for five (5) years from the date of the entry into force of this Compact, unless earlier terminated in accordance with Section 5.4 (the “Compact Term”).Read more...

"In March of 2006, the Millennium Challenge Corporation signed a five-year, $65.69 million Compact with the Government of Vanuatu to reduce poverty and stimulate economic growth by targeting the country's poor transportation infrastructure."Read more

Online Users

The Monitoring and Evaluation (M&E) plan is an essential and integral component of any MCC program. Find out below.

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Compact At a Glance
signed..........3/2/2006
Entry Into Force......4/28/2006
The program will benefit rural agricultural producers and the tourism sector by reducing transportation costs and improving transportation services.

September 2010

Disbursements to Date....$60,163,962.04
Total Contract Commitments..... $64,261,041.66

This web site was made possible through a grant given by the people of the United States to Vanuatu through the
Millennium Challenge Corporation under the terms of a compact  signed between the two countries. The information provided
on this Web site is not official U.S. Government information and does not represent the views or positions of the U.S. Government
or the Millennium Challenge Corporation.

Agreement

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