Multilateral Investment Guarantee Agency (MIGA) is a Winner of the 2016 Global Sustainable Development Award and Accredited as a Global 500 Sustainable Development Agencies of the year 2016 in appreciation of its contribution towards social-economic development of the world and its contribution towards attainment of United Nations Sustainable Development Goals. Recognised for its commitment to attain Sustainable Peace and development through providing loans and other assistance primarily to middle income countries. .Awarded and Accredited by Public Opinions International (Uganda-East Africa).
Public Opinions International is a Partner and Member of International Organisation for Educational Development (IOED) and International Police Commission which is is duly registered as an international Non-Profit, Non-Secretarial, Peacekeeping and SocialDevelopment Paramilitary Organization based in the State of California, United States of America with extension commands in member nations of the U.N.The International Police Commission has also been given the Consultative Status from the UN ECOSOC and it is also a Member of the United Nations Office of the Drugs and Crimes “UNODC.
MIGA is a member of the World Bank Group. Our mission is to promote foreign direct investment (FDI) intodeveloping countries to help support economic growth, reduce poverty, and improve people’s lives…
Our strategy
MIGA’s operational strategy plays to our foremost strength in the marketplace—attracting investors and private insurers into difficult operating environments. We focus on insuring investments in the areas where we can make the greatest difference
- Countries eligible for assistance from the International Development Association (the world’s poorest countries)
- Fragile and conflict-affected environments
- Transformational Projects – large scale and significant investments, with the potential for bringing about transformational change in the host country
- Energy Efficiency and Climate Change – complex energy and infrastructure projects that improve energy capacity as well as transportation projects that have a positive impact on pollution control (such as mass transport)
- Middle Income Countries where we can have strong impactClick here to read our strategy for fiscal years 2015-2017
- .Our productsOur teamOur shareholders
- A Council of Governors and a Board of Directors representing our member countries guide the programs and activities of MIGA. MIGA’s corporate powers are vested in the Council of Governors, which delegates most of its powers to a Board of Directors. Voting power is weighted according to the share of capital each director represents. The directors meet regularly at the World Bank Group headquarters in Washington, DC, where they review and decide on investment projects and oversee general management policies.
- Our people have extensive experience in political risk insurance, with backgrounds including banking and capital markets, environmental and social sustainability, project finance and sector specialties, and international law and dispute settlement. Meet our senior management.
- We fulfill our mission by providing political risk insurance guarantees to private sector investors and lenders. MIGA’s guarantees protect investments against-non-commercial risks and can help investors obtain access to funding sources with improved financial terms and conditions. Our unique strength is derived from our standing as a member of the World Bank Group and our structure as an international organization with our shareholders including most countries of the world. Since our inception in 1988, MIGA has issued more than $28 billion in political risk insurance for projects in a wide variety of sectors, covering all regions of the world.
- As a multilateral development agency, MIGA only supports investments that are developmentally sound and meet high social and environmental standards. MIGA applies a comprehensive set of social andenvironmental performance standards to all projects and offers extensive expertise in working with investors to ensure compliance to these standards.
- MIGA offers comparative advantages in all of these areas—from our unique package of products and ability to restore the business community’s confidence, to our ongoing collaboration with the public and private insurance market to increase the amount of insurance available to investors.
ACCOUNTABILITY
- Environmental and Social Sustainability
- Institutional Integrity
- Access to Information
- Development Results
- Independent Evaluation Group
- Compliance Advisor/Ombudsman
RELATED LINKS
Partners
In promoting FDI into developing countries, MIGA works closely with the World Bank, International Finance Corporation, and other public and private organizations. This partnership involves sharing of knowledge and expertise as well as jointly supporting investments through financing and risk-mitigation instruments.
MIGA works closely with public and private insurance providers to ensure complementarily of services and approach, to increase the political risk insurance industry’s capacity as a whole, and to encourage insurers into markets where they may not feel comfortable on their own.
To support investment in conflict-affected environments, MIGA partners with other multilateral and bilateral donors, in addition to other political risk insurers, to develop specialized guarantee facilities. Post-conflictguarantee facilities have been created for Bosnia and Herzegovina, West Bank and Gaza, as well as Afghanistan.
MIGA has also established partnerships with public and private sector organizations to help produce research and knowledge on foreign direct investment and political risk insurance:
ASIA AND THE PACIFIC
- Asian Development Bank (ADB) – September 2002
- Export Finance and Insurance Corporation (EFIC), Australia – May 1999
- People’s Insurance Company of China (PICC-SINOSURE) – November 2000
- Korea Development Bank – Press Release
- Ministry of Trade, Industry, and Energy- Korea – Press Release
- Ministry of Land, Transport, and Maritime Affairs, Korea – Press Release
- Korea Eximbank – Press Release
- Korea Trade Insurance Corporation (K-sure) – Press release
- Export Credit Guarantee Corporation Ltd. (ECGC) – February 2002
- Export-Import Bank of India (Exim Bank) – March 1996
- Export, Import and Investment Insurance Department of the Ministry of International Trade and Industry, Japan, – April 1999
- Japan Bank for International Cooperation (JBIC) – Press release
- Nippon Export and Investment Insurance (NEXI) – Press release
- Export-Import Bank of Malaysia Berhad (Exim Bank) – May 2000
- Philippines Export-Import Credit Agency (PhilEXIM) (formerly TIDCORP) – February 2002
- ECICS Credit Insurance Ltd. Singapore – November 1998
- Export-Import Bank of Thailand (EXIM) – Press release
EUROPE AND CENTRAL ASIA
- Austria Wirtschaftsservice Gesellschaft mbH (AWS) – October 2000
- Öesterreichische Kontrollbank Aktiengesellschaft (OeKB), Austria – January 2002
- Croatian Bank for Reconstruction and Development (HBOR) – Press release
- Eksport Kredit Fonden (EKF), Denmark – May 2000
- Finnvera plc, Finland – October 2000
- Compagnie Française d’Assurance pour le Commerce Exteriéur (COFACE) – December 1994
- PROPARCO, France – Press release
- Investment Risk Management Agency (IRMA), Georgia – Press release
- PwC, Germany – Press release
- Export Credit Insurance Organization (ECIO), Greece – June 2001
- SACE S.p.A., Servizi Assicurativi del Commercio Estero, Italy – October 2003
- Società Italiana per le Imprese all’Estero (SIMEST) – November 1999
- Export-Import Bank of Romania – January 2003
- Slovene Export Corporation (SEC) – December 2001
- Compañia Española de Seguros de Credito a la Exportacion, S.A (CESCE) – June 2002
- Export Credit Bank of Turkey – October 1999
LATIN AMERICA AND THE CARIBBEAN
- Central American Bank for Economic Integration (CABEI) – Press release
- Seguradora Brasileira de Crédito à Exportação S/A (SBCE), Brazil – March 2002
- Banco Nacional De Desenvol. Econômico E Social (BNDES), Brazil – March 2002
- Fundación ProBarranquilla – October 2001
MIDDLE EAST AND NORTH AFRICA
- Dubai International Financial Centre (DIFC) – Press release
- Inter-Arab Investment Guarantee Corporation (IAIGC) – February 1997
- Islamic Corporation for the Insurance of Investments and Export Credit (ICIEC) – October 2000
- Islamic Development Bank (IDB) – July 1994
- Export Guarantee Fund of Iran (EGFI) – February 2004
- Jordan Loan Guarantee Corporation (JLGC) – March 2004
- Kafalat SAL, Lebanon – Press Release
- Palestinian Investment Promotion Agency – Press release – September 2011
- Kuwait Foreign Investment Bureau (KFIB) – May 2013
CONTACTS
Our mailing address:
Multilateral Investment Guarantee Agency
World Bank Group
1818 H Street, NW
Washington, DC 20433 USA
For visitors to MIGA:
Our Washington, DC office is located on the 12th floor of 1800 G St. NW. This is known as the World Bank’s “U” building. A valid passport or U.S. driver’s license is required for building access.
Directions to World Bank Group offices in Washington
Southeast Asia Regional Hub
Multilateral Investment Guarantee Agency, World Bank Group
Marina Bay Financial Center Tower 2
10 Marina Boulevard, #34-02
Singapore 018983
European and Middle East Regional Hub
Europe and Middle East Hub
Multilateral Investment Guarantee Agency, World Bank Group
66 avenue d’Iena – 75116 Paris
France
Africa Regional Hub
Africa Hub
Fann Residence,
Rue Aime Cesaire x Impasse FN 18 Prolongee,
BP 3296 Dakar, Senegal
General Business Inquiries
t. 1.202.458.2538
f. 1.202.522.2630
[email protected]
Media and Civil Society Relations
Vamsee Krishna Kanchi
t. 1.202.473.9771
[email protected]
Thao P. Nguyen
t. 1.202.473.9472
[email protected]
Legal Affairs and Claims
General Counsel
Aradhana Kumar-Capoor
t. 1. 202.473.5952
[email protected]
Claims Administration
Joerg Riecken
t. 1. 202.473.3251
[email protected]
Research and Knowledge
Dan Biller
t. 1.202.473.6761
[email protected]
Environment, Social, and Integrity
Yasser Ibrahim
t. 1. 202.473.8645
[email protected]
Independent Evaluation Group
(IEG-MIGA)
1818 H Street, NW
MSN MSC 9-002
Washington, DC 20433
t. 1.202.473.9985
f. 1.202.522.3525
[email protected]
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P.o Box 35297 Kampala-Uganda
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