Millennium Challenge Account Nepal

Millennium Challenge Account Nepal

Government Administration

Kathmandu, Bagmati 3,426 followers

Fostering economic growth with better access to electricity and roads.

About us

The Millennium Challenge Account Nepal (MCA-Nepal) is a Government of Nepal (GoN) agency, formed under the Development Board Act 2013 BS (1956 AD) in order to manage a USD 697 million infrastructure program. The program is co-funded by the U.S. Government’s Millennium Challenge Corporation (MCC) Compact grant of USD 500 million and the GoN’s contribution of USD 197 million. The program aims to increase the availability and reliability of electricity, maintain road quality and facilitate power trade between Nepal and the region to help spur investments and accelerate economic growth. The Electricity Transmission Project, a national pride project, and the Road Maintenance Project are two projects under the program.

Website
https://mcanp.org/
Industry
Government Administration
Company size
51-200 employees
Headquarters
Kathmandu, Bagmati
Type
Government Agency
Founded
2018

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