Press Release

For Immediate Release

October 1, 2009

Contact: 202-521-3880

Email: info@mcc.gov

MCC Participates in U.S. Chamber of Commerce Business Civic Leadership Center Global Corporate Citizenship Conference

MCC emphasizes importance of public-private partnerships to reduce poverty

Washington, D.C. Millennium Challenge Corporation (MCC) Acting Chief Executive Officer Darius Mans offered opening remarks at the U.S. Chamber of Commerce Business Civic Leadership Center (BCLC) Global Corporate Citizenship Conference today to emphasize the importance of public-private partnerships in reducing poverty.The BCLC conference, for leading members of the corporate, government and NGO communities, will focus on public-private partnerships and the role of the private sector in emerging markets.

I am pleased to help kick off this years Global Corporate Citizenship Conference, said Mr. Mans.Bringing together business, nonprofit, and government leaders to focus on the development of emerging markets is smart and strategic. Even during this economic downturn, there are sustainable opportunities in developing countries for visionary companies interested in long-term investments.

Mr. Mans was introduced by Akhtar Badshah, Senior Director of Community Affairs for Microsoft and the Chair of the Global Corporate Citizenship Conference.Other featured speakers at the two-day conference will include: Anna Tibaijuka, Executive Director at UN Habitat; Scott Blacklin Vice President of Emerging Markets at Cisco Systems, Inc.; and David Arkless, President of Global Corporate & Government Affairs at Manpower Inc. Ambassador Elizabeth Bagley, Special Representative for Global Partnerships at the U.S. Department of State will also speak at the conference.

During his remarks, Mr. Mans said, It makes sense that we look at both the poverty line and the bottom line. The private sectors role is the engine of sustainable economic growth that can unleash the ingenuity of entrepreneurs, create jobs, build capacity, raise living standards, introduce new technologies, and generate trade and investment opportunities.

Mr. Mans presented the example of El Salvador, where a public-private partnership is leveraging resources from the $460 million MCC compact.Virginia-based AES Corporation and the Government of El Salvador are working in tandem to support 1,300 kilometers of new rural electrification lines, connections, and extensions of existing lines throughout the countrys Northern Zone.Poor families in the area, who do not have access to electricity, will be connected to the electric grid for the first time. A basic service like electricity allows businesses to operate and schools to improve their learning environments and better serve their students.

The private sector is not an afterthought in our MCC programs; it is integral to them and to their success. What MCC starts, we want the private sector to finish.Where MCC leads, we want the private sector to follow.As we see through MCCs work, this is how emerging markets canand willdevelop, said Mr. Mans.

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Millennium Challenge Corporation, a U.S. government agency designed to work with developing countries, is based on the principle that aid is most effective when it reinforces sound political, economic, and social policies that promote poverty reduction through economic growth.For more information, please visit www.mcc.gov.

BCLC is a 501(c)3 affiliate of the U.S. Chamber of Commerce and is a resource and voice for businesses and their social and philanthropic interests. The U.S. Chamber of Commerce is the world’s largest business federation representing more than 3 million businesses and organizations of every size, sector, and region.The U.S. Chamber is the world’s largest business federation representing more than 3 million businesses and organizations of every size, sector, and region. For addition information, visit http://www.uschamber.com/bclc/default.