MCC Ecuador Compact Program
The proposed MCC Ecuador Compact aims to address the reliability of electricity supply and expand private sector participation in strategic sectors of Ecuador’s economy, promoting opportunities for U.S. and international commercial interests and offering a competitive model for project delivery and infrastructure quality.
About This Offer
The Millennium Challenge Corporation is an independent U.S. Government agency focused on unlocking growth through results-driven foreign assistance. MCC grants support large-scale infrastructure, strategic reforms, and economic modernization. MCC is unlocking growth: MCC’s singular focus on unlocking economic growth recognizes that prosperity is driven by trade, private sector growth, investments in innovation, and efficient markets. Our assistance programs catalyze private capital and champion market solutions, rather than encouraging dependency on foreign aid. To do this, MCC drives policy and institutional reforms that improve the management of public utilities and infrastructure, remove barriers to private sector competition, and modernize government administrative procedures. These reforms enable private sector investment, benefiting the overall economy. The proposed program in Ecuador will 1) promote international commercial interests through easing regulatory and legal barriers to U.S. private sector participation in Ecuador’s economy, with a focus on electricity supply and hydrocarbons; 2) promote investment in electricity infrastructure, offering a competitive model for effective project delivery and infrastructure quality; 3) pursue opportunities to advance governance and regulatory impediments in Ecuador’s mining sector, with the long-term aim of potentially supporting cross-border investment and the establishment of supply chains for critical minerals.
Limitations
This proposed program is currently under development. Please consult www.mcc.gov for regular updates and partnership or contracting opportunities related to this program.
Have a capacity building offer to share?
U.S. government agencies, allied governments, private sector companies, and international organizations are invited to submit offers for inclusion in the library. All submissions are reviewed for alignment with Trade Over Aid principles.
