Multilateral Investment Guarantee Agency


Also found in: Acronyms, Encyclopedia, Wikipedia.

Multilateral Investment Guarantee Agency (MIGA)

Agency established by the World Bank that offers various forms of political risk insurance to corporations.

Multilateral Investment Guarantee Agency

An agency of the World Bank that seeks to promote foreign direct investment in developing countries. It does this primarily by selling political risk insurance to corporations that wish to expand into the developing world. It also provides advisory services to governments in these countries on how best to attract investment. It was established in 1988 and is based in Washington, DC.
References in periodicals archive ?
The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank Group, is continuing to support Kenya's energy sector by providing investment guarantees for the construction of a 83-megawatt heavy fuel oil plant.
A significant part of this increase in the PRI numbers can also be attributed to the growing relationship ICIEC is building with the Multilateral Investment Guarantee Agency of the World Bank, which views ICIEC as a strategic reinsurance partner in its member countries." ICIEC, the 3 rated multilateral credit and country risks insurer is a member of the IDB Group.It was established in August 1994 as a specialized international institution with full juridical personality with an authorized capital of 400 million Islamic dinars (around $ 620 million).
WASHINGTON, November 5, 2012 (WAFA)-- Izumi Kobayashi, executive vice president of the Multilateral Investment Guarantee Agency (MIGA) -- the political risk insurance arm of the World Bank Group -- will visit the West Bank and Gaza in early November to discuss opportunities for private sector investment, a MIGA press release said Monday.
IBRD is part of the World Bank Group, which also comprises the International Finance Corporation, the International Development Association, the Multilateral Investment Guarantee Agency and the International Centre for Settlement of Investment Disputes.
Abdulrahman Al-Tayyeb Ali Taha met here today with the Executive Chairman of Multilateral Investment Guarantee Agency "MIGA" Izumi Kobayashi.
Safadi's comments came during a news conference to mark the signing of a memorandum of understanding between international political risk insurance company Multilateral Investment Guarantee Agency and the Lebanese financial company, Kafalat.
THE MULTILATERAL Investment Guarantee Agency (MIGA) of the World Bank is planning to guarantee a US dollar USD2.1 million investment in Uganda by Italian chocolate producer Icam.
The Bank's Multilateral Investment Guarantee Agency (MIGA) said in its annual report it had issued $1.5 billion in investment guarantees in the fiscal year ending June 30, up from the previous year's $1.4 billion.
"In terms of execution and exploitation of major projects, the World Bank notices that in Algeria, the major projects were subject to international transparent invitation to tender which is also open to all the operators," Louis Bedoucha, Senior Business Development Officer, Multilateral Investment Guarantee Agency (MIGA) at the World Bank.
These proceedings from a November 2006 symposium held by MIGA (Multilateral Investment Guarantee Agency of the World Bank Group) and Georgetown U.
Sub-Saharan Africa is becoming a more attractive and hospitable destination for investors, according to a new report--Snapshot Africa--by the Multilateral Investment Guarantee Agency (MIGA), a private sector arm of the World Bank Group.
According to the Multilateral Investment Guarantee Agency (MIGA), a foreign-investment insurance agency run by the World Bank, political risk concerns helped cut the flow of investments in the developing world by 23% to US$135 billion in 2003, compared with just two years earlier.
Full browser ?