MCC Deputy CEO to Visit Georgia (September 27)
Tbilisi, Georgia, Sept. 27, 2016 – The U.S. Government’s Millennium Challenge Corporation (MCC) Deputy CEO Nancy Lee will travel to Georgia this week to participate in events marking key milestones of the second compact between MCC and the Government of Georgia.
The $140 million Georgia II Compact, launched in 2014, is MCC’s first single-sector compact in education. It aims to improve the quality of education in science, technology, engineering, and math (STEM) through strategic investments across multiple levels of education, with a focus on traditionally disadvantaged groups such as women and socially vulnerable. By creating a better educated and better trained STEM workforce, the compact is designed to increase incomes for the Georgian people and spur long-term economic growth – expected to benefit more than 1.7 million Georgians.
On Tuesday, Sept. 27, Lee will join U.S. Ambassador to Georgia Ian Kelly and Minister of Education and Science of Georgia Alexandre Jejelava for a grant award ceremony for providers of technical and vocational education and training (TVET). MCC grant funding totaling $12 million will support 48 TVET programs at 10 TVET provider institutions, helping 1450 highly skilled graduates find jobs in transport, oil and gas, agriculture, tourism and other critical growth sectors.
Lee, Ambassador Kelly, and Minister Jejelava will then deliver remarks at a convocation for enrolled students at San Diego State University-Georgia (SDSU-Georgia). The SDSU-Georgia partnership is MCC’s flagship investment in higher education and the only U.S. university degrees program in Georgia. Now in its second year, SDSU-Georgia is attracting Georgia’s best and brightest STEM students. When SDSU-Georgia students graduate with American bachelor’s degrees, MCC expects that they will earn 40 percent more than their fellow students in Georgia.
On Wednesday, Sept. 28, Lee will participate in ribbon-cutting ceremonies at two rehabilitated public schools in the Shida Kartli region. MCC is funding the refurbishment of up to 100schools to improve the learning environment for up to 37,000 Georgian school children across the country through better lighting, improved air quality, heating, and better sanitation facilities. Ambassador Kelly and Minister Jejelava will participate in the event.
Since 2006, MCC and the Government of Georgia have worked together to stimulate economic growth, reduce poverty, and unlock the enormous potential of the Georgian people. By the end of this decade, after two compacts, MCC will have invested almost $600 million in Georgia. MCC’s compacts with Georgia represent the strong U.S. partnership with and commitment to the Georgian people.