El Salvador Investment Compact
El Salvador Investment Compact Education and Training
Watch MCC’s El Salvador Investment Compact and how the compact’s work in education and training has impacted the beneficiaries.
MCC and the Government of El Salvador entered into force a compact agreement on September 9, 2015, to invest up to $277 million in regulatory reforms, education, and logistical infrastructure, with the goal of promoting economic growth and private investment in the country.
Over five years, the project trained over 4,500 teachers, school directors, and education specialists; constructed 32 schools; and launched El Salvador’s first two Public-Private Partnerships (PPPs).
Compact implementation was heavily impacted by the COVID-19 pandemic, however, in a testament to El Salvador’s commitment to country ownership, the government has agreed to continue the funding and implementation of the compact’s projects.
Read the press release about the El Salvador Investment Compact closeout.
Financials
Financials as of December 31, 2020
Compact Budget
Milestones
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Signed:
September 30, 2014 -
Entry Into Force:
September 9, 2015 -
Closed:
September 9, 2020
Compact Projects
As of September 9, 2020