The Millennium Challenge Corporation (“MCC”) and the Government of Mozambique (the “Government”) have entered into a $500 million Millennium Challenge Compact for Millennium Challenge Account assistance to help facilitate poverty reduction through economic growth in Mozambique. The Compact will include the following projects:
• The Connectivity and Rural Transport Project (CTR) will enhance the quality and climate resilience of major routes in Zambezia by improving roads and bridges and addressing deferred maintenance, including the busy Mocuba Bridge.
• The Promoting Reform and Investment in Agriculture Project (PRIA) will improve the incomes of smallholder farmers and other value chain actors, increase investments in the agriculture sector, and foster agriculture-related fiscal reform and incentives.
• The Coastal Livelihoods and Climate Resilience Project (CLCR) seeks to increase ecosystem productivity by addressing problems caused by long-term ecosystem degradation and fishery loss.
