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PHILIPPINES-MCC-PRIVATE SECTOR PARTNERSHIP EXPLORED IN DIALOGUE
“05 December 2008. The Embassy of the Philippines, in cooperation with the Millennium Challenge
Corporation (MCC)-Private Sector Initiatives, organized a Private Sector Dialogue (PSD) with the Millennium
Challenge Account-Philippines (MCAP) Point of Contact Dr. Dante Canlas to discuss the Philippine
Compact proposals and identify opportunities where MCA funds can be leveraged with private sector
financing and expertise. Around 25 members of the business community, including GE, Microsoft, Oracle,
Raytheon, Taylor-Dejongh, Sun Edison, Dole, Western Union, U.S.-ASEAN Business Council, US Chamber
of Commerce and the Philippine-American Chamber of Commerce, attended the dialogue. Private sector
representatives requested the MCAP to explore how technology could be better integrated into projects to
leapfrog constraints in rural areas and in addressing fiscal governance
PHOTO (L-R) Finance Undersecretary Gil Beltran, Ambassador Willy C. Gaa, POC Dante Canlas, MCC
Managing Director Jeri Jensen and MCC Director Jason Bauer led the discussions on encouraging private
sector alliances to work with MCC in the Compact development process and on employing MCC Compacts
to help the local private sector become more competitive. The Philippines, re-selected as Compact eligible
for FY 2009, is in the process of finalizing its proposals focused on community/road infrastructure, fiscal
governance, social safety net program, fiscal revenue enhancement and agricultural access to water