Mali
In November 2006, the Millennium Challenge Corporation signed a five-year, $461 million compact with the Government of Mali aimed to increase agricultural production and productivity and expand Mali’s access to markets and trade. The Compact is intended to serve as a catalyst for sustainable economic growth and poverty reduction through key infrastructure investments that capitalize on two of Mali’s major assets: The Bamako-Sénou International Airport, gateway for regional and international trade, and the Niger River, for irrigated agriculture. The Compact entered into force (EIF) in September 2007, initiating the 5-year timeline for project implementation.
The Compact has been restructured due to escalating global construction costs and currency fluctuations. Funds formerly designated for an Industrial Park Project have been allocated to the Airport Project.
For the most up-to-date information on implementation progress, please read the Quarterly Implementation Status Report.