May 22, 2009
MCC Acting CEO Rodney Bent Meets with Tanzania President Kikwete
May 22, 2009,
Review progress of $698 million poverty reduction grant program in Tanzania
Washington, D.C.Millennium Challenge Corporation (MCC) Acting Chief Executive Officer Rodney Bent met with His Excellency Jakaya Mrisho Kikwete, President of the United Republic of Tanzania, today to discuss the successful progress and emerging results of the U.S. Governments $698 million, five-year poverty reduction grant currently being implemented in the country.
It is a pleasure to meet with President Kikwete and discuss the results emerging from our poverty reduction partnership with Tanzania. I commend his leadership and foresight to ensure that these investments are achieving their goals, said Bent. There is no question that Tanzania plays a critical role in the region as an economic partner and proponent of peace and security. These MCC projects are fortifying the modern infrastructure necessary for long-term growth and prosperity in the country and the region.
The $698 million MCC compact with Tanzania will stimulate sustainable economic growth in Tanzania through targeted investments in transportation, energy, and water. Projects currently underway in the country are focused on improving major transport and feeder roads essential for commerce and trade, and on access to schools and clinics on the mainland and Zanzibar. Energy projects will improve electricity and coverage in Tanzania and will lay a submarine electric transmission cable from the mainland to Unguja Island to create reliable and non-polluting power supply to Unguja and the Zanzibar archipelago. The compact also addresses a serious shortage of clean and safe water and focuses on improving the water infrastructure in Dar es Salaam and Morogoro.
Prior to signing an MCC compact with the U.S. Government, Tanzania completed a successful $11.15 million threshold program on September 30, 2008. Over 300 journalists and approximately 80 magistrates were trained through the threshold program on combating corruption and financial crimes such as money-laundering.
For more information on Tanzanias MCC compact, please visit: http://www.mcc.gov/countries/tanzania/index.php.
Detailed information on MCCs work to combat poverty with 18 partner countries in Africa is available at: http://www.mcc.gov/programs/africa/index.php.
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Millennium Challenge Corporation (MCC), a United States government agency designed to work with developing countries, is based on the principle that aid is most effective when it reinforces good governance, economic freedom and investments in people that promote economic growth and elimination of poverty. For more information visit www.mcc.gov.