The Program
The Millennium Challenge Corporation’s Board of Directors approved a five-year $215 million Compact with the Government of Honduras. The program objectives are to:
• Increase the productivity and business skills of farmers; and
• Reduce transportation costs between targeted production centers and national, regional and global markets.
The Program budget will be distributed in the following manner:
Rural Development Project
| Farmer Training and Development |
$ 30.4 millions |
| Farmer Access to Credit |
$ 9.8 millions |
| Farm to Market Roads |
$ 21.5 millions |
| Agricultural Public Goods Grant Facility |
$ 9 millions |
| Rural Development Project Management |
$ 1.5 millions |
|
$ 72.2 millions |
| |
|
Transportation Project
| Highway CA-5 |
$ 96.4 millions |
| Secondary Roads |
$ 21.3 millions |
| Vehicle Weight Control |
$ 4.7 millions |
| Transportation Project Management |
$ 3.3 millions |
|
$ 125.7 millions |
| |
|
Program Management and Supervision
| Program Management Unit (PMU) |
$ 9.3 millions |
| Auditing |
$ 2.9 millions |
| Monitoring and Evaluation |
$ 5.0 millions |
|
* $ 17.1 millions |
| |
|
| Program Total |
$ 215 millions |
For more information see The Millennium Challenge Account Compact
* Due to rounding figures so not add to the total exactly. |
