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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

Closed Compact Reports are published for compacts completed before November 2017. The reports capture core information such as the country context, descriptions of compact investments and results, and information on important partnerships, policy reforms and lessons learned

  1. 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.

  2. 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.

  3. The Energy and Environment Project (EEP) was designed increase economic growth by reducing urban air pollution, decreasing health costs and lowering energy costs.

  4. The Health Project aimed to strengthen the national program for prevention, early diagnosis and management of non-communicable diseases and injuries (NCDIs).

  5. 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.

  6. The Property Rights Project aimed to improve Mongolia’s national property registration system and help poor households obtain titles to land in suburban districts.

  7. The Vocational Education Project (TVET) aimed to upgrade technical education and training, increasing employment and income.

  8. Learn how MCC and the Government of Mongolia focused on achieving compact results while balancing changes in costs, speed and feasibility of implementation.

  9. 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.

  10. MCC and the Mongolian Government agreed on certain conditions being met prior to the availability of funds.