Hamburg, February 2011 - With the Millennium Challenge Account Mongolia of the Millennium Challenge Corporationen, APPLICATIO (in cooperation with  PEM) wins a new client. In the frame of a first project APPLICATIO therefore also open a new project office in Ulaanbaatar, Mongolia.

The Millennium Challenge Account (MCA), is run by the Millennium Challenge Corporation. The Millennium Challenge Account is a bilateral development fund announced by the Bush administration in 2002 and created in January 2004.

At the Inter-American Development Bank on March 14, 2002, President George W. Bush called for a new compact for development with accountability for both rich and poor countries. He also pledged to increase development assistance by 50% by Fiscal Year 2006 (which by the end of 2004 did double, and is to double again by 2010). Other development programs like USAID (United States Agency for International Development) have been thought to suffer from many different and sometimes conflicting goals, which often are a result of political pressures, and for not delivering long-term economic improvements.

In the frame of the first joint project APPLICATIO will open a project office in Ulaanbaatar for up to 10 staff members . 
 
For more information please refer to www.mca-mn