World Bank's MIGA Supports First Carbon Finance Project

MIGA recently announced its first-time support for a project that will sell carbon credits gained by reducing greenhouse gas emissions. The reductions, which can be sold under the Kyoto Protocol, will result from the conversion of methane gases to less harmful carbon dioxide at a landfill in El Salvador...    >> more


MIGA Insures Wastewater Treatment Plant in Jordan

Residents of metropolitan Amman-Zarqa are set to receive an upgraded wastewater treatment system with the construction of a new wastewater plant at the current As-Samra facility in Jordan. The capacity of the original plant, which began operations in 1985, to handle sewage has been increasingly taxed by the region’s rapid population growth, posing threats to the area’s water supply...     >> more


Affordable Housing in Ghana Gets MIGA Support

MIGA recently issued guarantees to Metro Ikram Sdn. Bhd. of Malaysia covering its investment in a housing development project in Ghana. The guarantees are covering the investor’s $2 million equity investment in and $4 million shareholder loan to Ghana-based Meridian Development Limited. The coverage is for five years and protects against the risks of transfer restriction, expropriation, war and civil disturbance, and breach of contract...   >> more


MIGA Offsets Lenders’ Risk Concerns in Vietnam Power Project

Along the bustling tree-lined streets of Ho Chi Minh City, merchants wearing traditional Vietnamese “ao dais” invite customers into brightly lit shops, and restaurant owners beckon passers-by into their air conditioned establishments. In homes on the outskirts of the city, refrigerators keep food cold and electric fans provide relief from the damp heat.     >> more



The Balkans: New Investment Opportunities with Manageable Risks

(This article originally appeared in the 2006/2007 Euromoney Yearbook.) EU accession could flatten the competitive advantage of doing business in some Eastern European nations. Now, savvy investors would do well to look to the Southeast—a recovering Balkans region, stabilized and offering tremendous opportunity to get in on the ground floor.    >> more

NEW CONTRACTS

Services
Bank of Nova Scotia, Jamaica, $41.8M
Metro Ikram Sdn. Bhd., Ghana, $6.3M

Infrastructure
Compagnie Générale des Eaux of France, China, $40M
Infilco Degrémont Inc., Suez Environnement S.A., Jordan, $3.73M
Finance
Corporaciόn Interfin S.A., El Salvador, $3.15M

Manufacturing
Can-Pack S.A., Pol-Am-Pack, Ukraine, $33.7M

EVENTS
MIGA is a sponsor of the Africa Down Under Conference, Perth, Australia, Sept. 7-8, 2006

MIGA is speaking at the Structured Finance in CEE, SEE, Russia, and CIS Conference, Budapest, Sept. 18-19, 2006

Client Breakfast, World Bank/IMF Annual Meetings, Singapore, Sept. 18, 2006

MIGA Seminar, Opportunities and Strategies for Investment in Emerging Markets, World Bank/IMF Annual Meetings, Singapore, Sept. 21, 2006

MIGA is co-sponsoring The Asian Political Risk Insurance, Trade Credit Insurance, Project, Trade and Commodity Finance Summit – 2006, Bangkok, Oct. 19-20, 2006

The Fifth Biennial MIGA-Georgetown Symposium, International Political Risk Management: Meeting the Needs of the Present, Anticipating the Challenges of the Future, Washington, DC, November 3, 2006

RELATED LINKS
About MIGA
Project briefs
Sector briefs
Investment Guarantee Guide
Guarantee application
2005 Annual Report
Press Releases
IFC Sustainable Investor
PSD Blog
FDI Trends
>> E&Y: European Attractiveness Survey 2006
>> Emerging Country Multinationals Becoming Global Competitors
>> World Bank: "South-South" FDI Estimated at US$47 Billion
>> The Rise of China and India—What's in it for Africa?
>> IMD: Estonia among Top Twenty Most Competitive Economies
  FDI Resources
   >> FDI Yellow Pages
   >> Berne Union
   >> Doing Business in 2006
   >> Private Sector Development

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