The Government of Moldova signed on January 22, 2010 with the U.S. Millennium Challenge Corporation (MCC) a five-year economic development Compact agreement granting $262 million to Moldova. The Compact assistance will be used for investment projects in irrigation infrastructure, high-value agricultural production, and road rehabilitation. 

The objective of the Compact Program is to increase incomes through increased agricultural productivity and expanded access to markets and services through improved roads.

The Program consists of the Transition to High Value Agriculture Project ($101.77 million) and the Road Rehabilitation Project ($132.84 million). The Compact also includes program management and oversight costs estimated at $23.85 million over a five-year timeframe, including the costs of administration, management, auditing, fiscal and procurement agent services and environmental and social oversight. In addition, the cost of monitoring and evaluation of the Compact is budgeted at approximately $3.54 million.

The Transition to High Value Agriculture Project will help increase agricultural incomes of rural Moldovans by stimulating the production and improved marketing of high-value agricultural products, including fruit and vegetables. The project includes plans to provide reliable water for agriculture by repairing up to 11 large irrigation systems servicing 15,500 hectares. Improving access to credit for agricultural projects and a technical assistance package co-financed by the United States Agency for International Development will support related investments by farmers and entrepreneurs in the shift to higher value agriculture production, post-harvest processing, storage, and marketing. 

The THVA Project is expected to benefit approximately 32,000 households (or approximately 124,000 individuals), over the next 20 years. 

The Road Rehabilitation Project includes repairs to a 93 kilometer section of a major highway in the northeast of the country. The highway is a key link for passenger travel, and for internal commerce and trade.  The repairs will reduce the time and cost to transport goods and services, and will reduce losses to the national economy resulting from deteriorated road conditions. Click here for more details

The Road Rehabilitation Project is expected to benefit approximately 78,000 households (or approximately 302,000 beneficiaries) over the next 20 years.