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AmCham Business Roundtable

Thursday, February 04, 2016

Fatema Sumar, Millennium Challenge Corporation (MCC) Regional Deputy Vice President, Europe, Asia, the Pacific and Latin America presented today at AmCham Roundtable about opportunities for public private partnership and Science, Technology, Engineering and Maths (STEM) education through the MCC Compact. Ms. Sumar was interested to hear from AmCham members about their experience in Georgia and labor market challenges that employers face in technical fields.

Millennium Challenge Corporation (MCC) in Georgia is one of the main US Government development donors. Between 2005 and 2011, under the first MCC 'Compact' they provided $395 million that was spent on roads, regional infrastructure development and agriculture. Due to the success of the first project, Georgia was extremely unusual in receiving a second Compact. Valued at $140 million, this will focus on Science, Technology, Engineering and Maths (STEM) education, including infrastructure and technical assistance for primary education, universities and technical vocational education (TVET). They are also supporting partnership between the Georgian Government and San Diego State University to deliver US bachelor degree programs in chemistry and electrical and computer engineering in Tbilisi.

Presentation was followed by dynamic Q+A between AmCham members and MCC representatives.

New members were introduced:

- The Terrace Hotel and Restaurant (Corporate B Member)
- Mercure Tbilisi Old Town Hotel (Corporate B Hotel)
- Mgaloblishvili Kipiani Dzidziguri (MKD) (Corporate B)

[photos of the event (48)]

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