October 2015
Closed Compact Report
Closed Compact Report: Mongolia Compact
- Signed: October 22, 2007
- Entry into Force: September 17, 2008
- Compact End Date: September 17, 2013
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In 2008, MCC partnered with Mongolia to implement a five-year, $284.9 million compact that invested in property rights, transportation, energy, education and health.
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Mongolia, a landlocked country in Asia is roughly the size of Western Europe. An abrupt transition to a market economy and the rapid urbanization of a population that was highly dispersed and pastoral, this compact was an opportunity to increase land security.
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The Energy and Environment Project (EEP) was designed increase economic growth by reducing urban air pollution, decreasing health costs and lowering energy costs.
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The Health Project aimed to strengthen the national program for prevention, early diagnosis and management of non-communicable diseases and injuries (NCDIs).
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The North-South Road Project aimed to alleviate Mongolia’s insufficient transportation infrastructure by constructing an all-weather road and connecting Mongolian markets to key trading partners.
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The Property Rights Project aimed to improve Mongolia’s national property registration system and help poor households obtain titles to land in suburban districts.
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The Vocational Education Project (TVET) aimed to upgrade technical education and training, increasing employment and income.
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Learn how MCC and the Government of Mongolia focused on achieving compact results while balancing changes in costs, speed and feasibility of implementation.
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Learn about MCC's efforts to coordinate resources and expertise with other governments, private sector, international donors and development agencies as part of the Mongolia Compact.
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MCC and the Mongolian Government agreed on certain conditions being met prior to the availability of funds.