73 FR 184 pgs. 54624-54633 - Notice of Quarterly Report (April 1, 2008-June 30, 2008)

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Type: NOTICEVolume: 73Number: 184Pages: 54624 - 54633

Docket number: [MCC 08-13]

FR document: [FR Doc. E8-22037 Filed 9-19-08; 8:45 am]

Agency: Millennium Challenge Corporation

Official PDF Version: PDF Version

MILLENNIUM CHALLENGE CORPORATION

[MCC 08-13]

Notice of Quarterly Report (April 1, 2008-June 30, 2008)

AGENCY:

Millennium Challenge Corporation.

SUMMARY:

The Millennium Challenge Corporation (MCC) is reporting for the quarter April 1, 2008 through June 30, 2008 respect to both assistance provided under section 605 of the Millennium Challenge Act of 2003 (Pub. L. 108-199, Division D (the Act)), and transfers or allocations of funds to other federal agencies pursuant to section 619(b) of the Act. The following report shall be made available to the public by means of publication in the Federal Register and on the Internet Web site of the MCC ( http://www.mcc.gov ) in accordance with section 612(b) of the Act.

Projects	Obligated	Objectives	Cumulative disbursements	Measures
Country: MadagascarYear: 2008Quarter 3Total Obligation: $109,773,000
Entity to which the assistance is provided: MCA MadagascarTotal Quarterly Disbursement: $8,685,734
Land Tenure Project	$37,803,000	Increase Land Titling and Security	$10,942,352	Legislative proposal reflecting the National Land Tenure Program submitted to Parliament and passed.
				Number of land disputes reported and resolved in the target zones and sites of implementation.
				Percentage of land documents inventoried, restored, and/or digitized.
				Average time and cost required to carry out property transactions.
				Percent of reported land conflicts resolved on titled land in zone 3, 4, 5 during the title regularization operations.
				Percentage of land in the zones that is demarcated and ready for titling.
Finance Project	35,888,000	Increase Competition in the Financial Sector	7,278,223	The number of savings accounts and outstanding value of accounts from primary banks. Maximum check clearing delay. Volume of funds in payment system and number of transactions.
				Increased public awareness of new financial instruments as measured by surveys within intervention zones and large towns.
				The amount of government debt issued with maturities in excess of 52 weeks.
				The number of new individual investors buying government debt securities.
				The number of bank branches of the Central Bank of Madagascar capable of accepting auction tenders.
				Percentage of all loans included in the central database.
Agricultural Business Investment Project	17,683,000	Improve Agricultural Projection Technologies and Market Capacity in Rural Areas	6,298,006	Number of rural producers receiving or soliciting information from Agricultural Business Centers about the opportunities. Intervention zones identified and description of beneficiaries within each zone submitted.
				Number of visitors receiving information from National Coordinating Center with respect to business opportunities.
				Change in farm income due to improved production and marketing practices.
				Change in enterprise income due to improved production and marketing practices.
				Number of farmers and business employing technical assistance received.
Program Administration * and Control, Monitoring and Evaluation	18,399,000		10,483,218
Pending subsequent reports **			2,792,569
Country: HondurasYear: 2008Quarter 3Total Obligation: $215,000,000
Entity to which the assistance is provided: MCA HondurasTotal Quarterly Disbursement: $2,425,623
Rural Development Project	70,687,000	Increase the productivity and business skills of farmers who operate small and medium-size farms and their employees	13,892,587	Increase in farm income resulting from Rural Development Project. Funds lent by MCA-Honduras to financial institutions. Increase in employment income resulting from Rural Development Project.
				Number of Program farmers harvesting high-value horticulture crops.
				Number of hectares harvesting high-value horticulture crops.
Transportation Project	127,491,876	Reduce transportation costs between targeted production centers and national, regional and global markets	2,950,530	Freight shipment cost from Tegucigalpa to Puerto Cortes. Price of basic food basket. Number of days per year road is passable.
Program Administration * and Control, Monitoring and Evaluation	16,821,124		3,797,930
Pending subsequent reports **			820,880
Country: Cape VerdeYear: 2008Quarter 3Total Obligation: $110,078,488
Entity to which the assistance is provided: MCA Cape VerdeTotal Quarterly Disbursement: $856
Watershed and Agricultural Support	10,848,630	Increase agricultural production in three targeted watershed areas on three islands	2,540,462	Increase in horticultural productivity. Increase in annual income. Value-added for farms and agribusiness.
Infrastructure Improvement	78,760,208	Increase integration of the internal market and reduce transportation costs	9,728,013	Volume of goods shipped between Praia and other islands. Mobility Ratio: Percentage of beneficiary population who take at least 5 trips per month. Savings on transport costs from improvements.
Private Sector Development	7,200,000	Spur private sector development on all islands through increased investment in the priority sectors and through financial sector reform	228,391	Value added in priority sectors above current trends. Volume of private investment in priority sectors above current trends.
Program Administration * and Control, Monitoring and Evaluation	13,269,650		5,294,622
Pending subsequent reports **			-202,688
Country: NicaraguaYear: 2008Quarter 3Total Obligation: $175,000,000
Entity to which the assistance is provided: MCA Nicaragua Total Quarterly Disbursement: $2,733,324
Property Regularization Project	22,000,000	Increase Investment by strengthening property rights	3,565,857	Value of investment on land. Value of urban land. Value of rural land.
				Number of days to conduct a land transaction.
				Total cost to conduct a land transaction.
Transportation Project	105,193,200	Reduce transportation costs between Leon and Chinandega and national, regional and global markets	5,224,522	Price of a basket of goods. Travel Time.
Rural Business Development Project	32,897,500	Increase the value added of farms and enterprises in the region	7,694,853	Annual percentage increase in value-added of clients of business office. Number of jobs created. Number of program farm plots harvesting higher-value crops or reforesting under improvement of Water Supply Activities.
Program Administration *, Due Diligence, Monitoring and Evaluation	14,909,300		5,789,142
Pending subsequent reports **			289,788
Country: GeorgiaYear: 2008Quarter 3Total Obligation: $295,300,000
Entity to which the assistance is provided: MCA Georgia Total Quarterly Disbursement: $5,425,650
Regional Infrastructure Rehabilitation	211,700,000	Key Regional Infrastructure Rehabilitated	33,890,792	Reduction in Akhalkalaki-Ninotsminda-Teleti journey time. Reduction in vehicle operating costs. Increase in internal regional traffic volumes.
				Decreased technical losses in gas through the main North-South pipeline.
				Reduction in the production of greenhouse gas emissions measured in tons of CO 2 equivalent.
				Increased collection rate of the Georgian Gas Company (GOGC).
				Number of household beneficiaries served by Regional Infrastructure Development projects.
				Actual operations and maintenance expenditures.
Regional Enterprise Development	47,500,000	Enterprises in Regions Developed	7,496,900	Increase in annual revenue in portfolio companies. Increase in number of portfolio company employees and number of local suppliers.
				Increase in portfolio companies' wages and payments to local suppliers.
				Jobs created.
				Increase in aggregate incremental net revenue to project assisted firms.
				Direct household net income.
				Direct household net income for market information initiative beneficiaries.
				Number of beneficiaries.
Program Administration *, Due Diligence, Monitoring and Evaluation	36,100,000		9,880,202
Pending subsequent reports **			41,339
Country: VanuatuYear: 2008Quarter 3Total Obligation: $65,690,000
Entity to which the assistance is provided: MCA VanuatuTotal Quarterly Disbursement: $0
Transportation Infrastructure Project	60,587,816	Facilitate transportation to increase tourism and business development	11,123,498	Number of Tourists. Number of days per year road is closed. Number of S-W Bay, Malekula flights cancelled per year due to flooding.
				Vessel wait time at wharf.
Program Administration *, Due Diligence, Monitoring and Evaluation	5,074,768		691,874
Pending subsequent reports **			67,893
Country: ArmeniaYear: 2008Quarter 3Total Obligation: $235,650,000
Entity to which the assistance is provided: MCA ArmeniaTotal Quarterly Disbursement: $3,938,667
Irrigated Agriculture Project (Agriculture and Water)	145,680,000	Increase agricultural productivity Improve and Quality of Irrigation	10,191,511	Increase in hectares covered by high value added horticultural and fruit crops. Percentage of respondents satisfied with irrigation services. Share of Water User Association water charges as percentage of Water User Association annual operations and maintenance costs.
				Number of farmers using improved on-farm water management practices.
				Annual increase in irrigated land in Project area.
				State budget expenditures on maintenance of irrigation system.
				Value of loans provided under the project.
Rural Road Rehabilitation Project	67,100,000	Better access to economic and social infrastructure	3,051,693	Government budgetary allocations for routine maintenance of the entire road network. Average daily traffic in Project area.
				Kilometers of Package 1 road sections rehabilitated.
				Kilometers of Package 2 road sections rehabilitated.
				Kilometers of Package 3 road sections rehabilitated.
Program Administration *, Due Diligence, Monitoring and Evaluation	22,870,000		4,102,597
Pending subsequent reports **			1,817,120
Country: BeninYear: 2008Quarter 3Total Obligation: $307,298,040
Entity to which the assistance is provided: MCA BeninTotal Quarterly Disbursement: $3,004
Access to Financial Services	19,650,000	Expand Access to Financial Services	1,113,118	Operational self-sufficiency of participating microfinance institutions.
				Number of microfinance institutions supervised by the microfinance cellule.
				Total incremental increase in value of new credit extended and savings received by financial institutions participating in the project.
				Share value of all loans outstanding that have one or more installments of principal over 30 days past due.
				Total number of loans guaranteed by land titles per year.
Access to Justice	34,270,000	Improved Ability of Justice System to Enforce Contracts and Reconcile Claims	771,228	Number of cases processed at the arbitration center. Percentage of all cases in the "Tribunal de Premiere Instance" courts per year. Percentage of all cases resolved in court of appeals per year.
				Average distance to reach TPI.
				Number of enterprises registered through the registration center.
				Average number of days required to register an enterprise.
Access to Land	36,020,000	Strengthen property rights and increase investment in rural and urban land	5,797,561	Total value of additional investments in target rural land parcels. Total value of additional investments in target urban land parcels.
Access to Markets	169,447,000	Improve Access to Markets through Improvements to the Port of Cotonou	3,240,672	Total metric tons of exports and imports passing through Port of Cotonou per year.
Program Administration *, Due Diligence, Monitoring and Evaluation	47,911,040		6,472,234
Pending subsequent reports **			6,391,225
Country: GhanaYear: 2008Quarter 3Total Obligation: $547,009,000
Entity to which the assistance is provided: MCA Ghana Total Quarterly Disbursement: $26,675
Agriculture Project	240,984,050	Enhance Profitability of cultivation, services to agriculture and product handling in support of the expansion of commercial agriculture among groups of smallholder farms	4,701,182	Number of hectares irrigated. Number of days to conduct a land transaction. Number of land disputes in the pilot registration districts. Registration of land rights in the pilot registration districts. Metric tons of products passing through post-harvest treatment.
				Portfolio-at-risk of agriculture loan fund. Value of loans disbursed to clients from agricultural loan fund. Number of additional loans. Vehicle operating costs on minor, medium and major rehabilitated roads.
Rural Development	101,288,000	Strengthen the rural institutions that provide services complementary to, and supportive of, agricultural and agriculture business development	289,905	Time/quality per procurement. Score card of citizen satisfaction with services. Gross enrollment rates. Gender parity in school enrollment. Distance to collect water. Time to collect water. Distance to sanitation facility.
				Travel time to sanitation facility.
				Incidence of guinea worm, diarrhea or bilharzias.
				Average number of days lost due to guinea worm, diarrhea or bilharzias.
				Percentage of households, schools, and agricultural processing plants in target districts with electricity.
				Number of inter-bank transactions.
				Value of deposit accounts in rural banks.
Transportation	143,104,000	Reduce the transportation costs affecting agriculture commerce at sub-regional levels	89,728	Volume capacity ratio. Vehicles per hour at peak hour. Travel time at peak hour. International roughness index.
				Annual average daily vehicle and passenger traffic.
Program Administration *, Due Diligence, Monitoring and Evaluation	61,633,000		7,451,123
Pending subsequent reports **			3,002,158
Country: El SalvadorYear: 2008Quarter 3Total Obligation: $460,940,000
Entity to which the assistance is provided: MCA El SalvadorTotal Quarterly Disbursement: $1,080,991
Human Development Project	95,073,470	Increase human and physical capital of residents of the Northern Zone to take advantage of employment and business opportunities	43,734	Number of students enrolled in the Chalatenango Center functioning as a MEGATEC institute. Graduation rate of students enrolled in the Chalatenango Center functioning as a MEGATEC institute. Number of students enrolled in participating middle technical schools.
				Graduation rate of students enrolled in participating middle technical schools.
				Number of students enrolled in non-formal training activities.
				Graduation rate of students enrolled in non-formal training activities.
				Number of households with access to water in the Northern Zone.
				Number of households with access to basic sanitation in the Northern Zone.
				Number of households with electricity in the Northern Zone.
				Number of individuals that benefit annually from the strategic infrastructure projects.
Productive Development Project	87,466,174	Increase production and employment in the Northern Zone	128,866	Investment in productive chains by selected beneficiaries.
Connectivity Project	233,559,995	Reduce travel cost and time within the Northern Zone, with the rest of the country, and within the region	0	Weighted average of the International Roughness Index for the rehabilitation of the Transnational Highway. Weighted average of the International Roughness Index for the rehabilitation of the network of connecting roads.
Program Administration * and Control, Monitoring and Evaluation	44,840,361		1,591,125
Pending Subsequent Report **			4,199,397
Country: MaliYear: 2008Quarter 3Total Obligation: $460,811,164
Entity to which the assistance is provided: MCA MaliTotal Quarterly Disbursement: $1,428,452
Bamako Sénou Airport Improvement Project	89,631,177	Establish an independent and secure link to the regional and global economy	1,377,281	Number of weekly flight arrivals and departures. Average time for passengers to complete departures and arrivals procedures.
Industrial Park Project	94,456,519	Develop a platform for industrial activity to be located within the Airport domain	2,080,155	Occupancy level. Average number of days required for operator to connect to Industrial Park water and electricity services.
Alatona Irrigation Project	234,884,675	Increase the agricultural production and productivity in the Alatona zone of the ON	0	Weighted average of the International Roughness Index for the rehabilitation of the Niono-Goma Coura road. Annual average daily count of vehicles on the Niono-Goma Coura road.
				Total amount of land irrigated by the Project in the Alatona zone.
				Average water volume delivered at the farm level in the Alatona zone.
				Crop water requirements as a percentage share of water supply at the canal headworks in the Alatona Zone.
				Number of 5 and 10 hectare farm plots allocated in the Alatona zone.
				Total market garden parcels allocated in the Alatona zone.
				Number of titles registered in the land registration office granted to households in the Alatona zone.
				Number of students enrolled in schools established by the Project.
				Graduation rate of students enrolled in schools established by the Project.
				Number of farms adopting at least one new extension technique as a percentage of all farms receiving technical assistance under the Project.
				Total amount of credit extended in loan portfolios by participating microfinance institutions and banks in the Alatona zone.
				Number of active clients of microfinance institutions and banks in the Alatona zone.
Program Administration * and Control, Monitoring and Evaluation	41,838,793		5,031,561
Pending Subsequent Report **			0
Country: MongoliaYear: 2008Quarter 3Total Obligation: $5,022,683
Entity to which the assistance is provided: MCA MongoliaTotal Quarterly Disbursement: $420,562
Property Rights Project	172,200	Increase security and capitalization of land assets held by lower-income Mongolians, and increased peri-urban herder productivity and incomes	0	Immovable property value of hashaa plots. Households accessing bank credit. Hashaa plots directly registered by the Property Rights Project. Income of herder households on long-term lease land. Herd mortality rate.
				Number of herder groups adopting intensive/semi-intensive farm management techniques.
Rail Project	0	Increase rail traffic and shipping efficiency	0	Increase in GDP due to rail improvements. Freight turnover.
				Mine traffic.
				Percent of wagons leased by private firms.
				Railway operating ratio.
				Customer satisfaction.
				Wagon time to destination.
				Average locomotive availability.
Vocational Education Project	226,600	Increase employment and income among unemployed and underemployed Mongolians	8,519	Annual salary. Rate of employment. Non-governmental funding of vocational education. Students completing newly designed long-term programs.
				Certified vocational education teachers.
				Percent of active teachers receiving certification training.
Health Project	186,500	Increase the adoption of behaviors that reduce non-communicable diseases (NCDIs) among target populations and improved medical treatment and control of NCDIs	200	Diabetes and hypertension controlled. Cervical cancer prevention. Percentage of cancer cases diagnosed in early stages. Percentage of those with known diagnosis of hypertension/diabetes out of all actual cases in adult population. Women screened for breast and cervical cancer. Counseling for diabetes and hypertension.
Program Administration * and Control, Monitoring and Evaluation	4,437,383		411,844
Pending subsequent reports **
Country: Mozambique (CIF ONLY)¹ Year: 2008Quarter 3Total Obligation: $25,346,200
Entity to which the assistance is provided: MCA MozambiqueTotal Quarterly Disbursement: $179,571
Water and Sanitation Project	7,436,411	Increase access to reliable and quality water and sanitation facilities	0	Value of productive days gained due to less diarrhea, cholera and/or malaria. School attendance days gained due to less diarrhea, cholera and/or malaria.
				Number (Percent) of businesses with access to improved water source.
				Reduction in time for rural/urban households to access improved water sources.
				Number (Percent) of urban households with access to improved water sources.
				Number (Percent) of rural households with access to improved water sources.
				Number (Percent) of urban households with access to improved sanitation facilities.
Road Rehabilitation Project	4,500,000	Increase access to productive resources and markets	0	Increase in agricultural production among communities affected by road rehabilitation works. Increase in the number of new businesses within 5 km of rehabilitated roads.
				Reduction in vehicle operating costs as a result of rehabilitated roads.
				Time savings due to a reduction in time to travel a fixed length of rehabilitated road.
				Weighted average of the International Roughness Index for the rehabilitation roads.
				Average annual daily traffic volume on rehabilitated roads disaggregated by vehicle type.
Land Tenure Services Project	190,083	Establish efficient, secure land access for households and investors	0	Increase (Percent) in value of new investments on land. Number of new businesses.
				Reduction (Percent) in time to right to land usage.
				More efficient, free and secure land transfers/transactions.
				Increase (Percentage) in parcel-holder land value.
				Reduction (Percent) in costs to right to land usage.
Farmer Income Support Project	751,000	Improve coconut productivity and diversification into cash crop	0	Reduction (Percentage) in loss of coconut production and coconut products' sales. Increased income (Percentage) from sales from intercropping activities to small farm plot holders.
				Increased number (Percentage) of live coconut trees.
				Increased productive capacity (Percentage) of coconut trees.
Program Administration * and Control, Monitoring and Evaluation	12,504,676		179,571
Pending Subsequent Report **			0
Country: Lesotho (CIF ONLY)Year: 2008Quarter 3Total Obligation: $15,668,000
Entity to which the assistance is provided: MCA LesothoTotal Quarterly Disbursement: $1,436,864
Water Project	4,913,000	Improve the water supply for industrial and domestic needs, and enhance rural livelihoods through improved watershed management	0	Increased urban access to potable water supply. Increase in volume of water delivered after treatment at Metolong site. Decrease in percentage of urban water that is not accounted for (non-revenue losses plus physical losses).
				Number of people covered per year in rural areas with MCC funded rural water supply.
				Number of new VIP latrines provided to households.
Health Project	4,436,000	Increase access to life-extending ART and essential health services by providing a sustainable delivery platform	55,823	Increase in the percentage of health facilities providing full package of standard services for level of center (MoHSW 2007 standard). Increase in TB treatment success rate. Increase in the percentage of health facilities staffed with standard number and type of qualified staff (MoHSW 2007 standard).
				Increase in the number of patients treated in health centers in Lesotho.
				Increase in immunization rate (measles).
				Number of people receiving ARV treatment (number).
				Increase in annual enrollment at National Health Training College.
				Increase in average referred tests performed at the central laboratory per quarter during the past year.
				Increase in average number of blood units collected per quarter during the past year.
Private Sector Development Project	723,072	Stimulate investment by improving access to credit, reducing transaction costs and increasing the participation of women in the economy	173,992	Increase in the percentage of the adult population listed by a private credit bureau with current information on repayment history, unpaid debts or credit outstanding. Increase in the number of payments associated with salaries and pensions made through EFT per year.
				Land used as collateral (number of mortgage bonds registered).
				Land transaction costs (percent of property value).
				Land transaction times (median number of days necessary to complete a procedure).
				Increase in the number of pending civil cases in the High Court.
				Gender equality index (percent change in index of knowledge, attitudes, and practices for supporting gender equality in economic rights).
Program Administration * and Control, Monitoring and Evaluation	5,595,928		1,606,370
Pending Subsequent Report **	0		0
Country: Morocco (CIF ONLY)Year: 2008Quarter 3Total Obligation: $32,400,000
Entity to which the assistance is provided: MCA LesothoTotal Quarterly Disbursement: $28,781
Fruit Tree Productivity	6,959,765	Reduce volatility of agricultural production and increase volume of fruit agricultural production	N/A	Total annual volume of production of dates and olives. Cropped area covered by olive trees. Survival rate of newly planted olive trees after 2 years project-supported establishment period.
				Yield of rehabilitated olive trees.
				Cropped area covered by date trees.
				Yield of rehabilitated date palms.
Small Scale Fisheries	7,005,874	Improve quality of fish moving through domestic channels and assure the sustainable use of fishing resources	N/A	State of fish stock. Domestic fish consumption level. Fisherman net revenue. Average fisherman sales price at PDA. Volume sold at wholesale markets.
				Fish sale price.
				Average sales price.
				Volume of sales among mobile fish vendors.
Artisan and Fez Medina	6,142,437	Increase value added to tourism and artisan sectors	N/A	Average revenue of potters receiving Artisan Production Activity. Employment and wages among Project graduates.
				Tourist arrivals.
				Artisan profits (artisans engaged in product finishing and points of sale).
				Employment created.
				SME value added.
Financial Services	500,000	Increase supply and decrease costs of financial services available to microenterprises	N/A	Gross loan portfolio outstanding of microcredit associations. Portfolio at risk 30 days ratio. Operating Expense Ratio.
Enterprise Support	0	Improved survival rate of new SMEs and INDH-funded income generating activities; increased revenue for new SMEs and INDH-funded income generating activities	0	Average annual sales of participating businesses. Survival rate of participating businesses.
Program Administration * and Control, Monitoring and Evaluation	11,791,924		136,527	TBD.
Pending Subsequent Report **	N/A		N/A	TBD.

619(b) Transfer or allocation of funds	U.S. agency to which funds were transferred or allocated	Amount
USAID	$250,000	Threshold Program.
* Program administration funds are used to pay items such as salaries, rent, and the cost of office equipment.
** These amounts represent disbursements made that will be allocated to individual projects in the subsequent quarter(s) and reported as such in subsequent quarterly report(s).
¹ Beginning in fiscal year 2007, CIF (i.e., Compact Implementation Funding) is assistance made available to a country, upon signature of a compact, under the authority of Section 609(g) of the Act. It is additional to compact program assistance provided under Section 605 of the Act upon entry into force of the compact and is included in the overall total of compact funding. As of this report, only CIF funds have been obligated for Mozambique, Lesotho and Morocco.

Dated: September 16, 2008.

Matthew McLean,

Vice President, Congressional and Public Affairs, Millennium Challenge Corporation.

[FR Doc. E8-22037 Filed 9-19-08; 8:45 am]

BILLING CODE 9211-03-P