Can You Hear Me Now? MIGA Backs Landmark Telecom Investment in Afghanistan

Afghanistan received a major cash injection with a recent MIGA-backed investment in a state-of-the-art telecommunications network. The $85 million project represents roughly a third of total flows of foreign direct investment (FDI) into the country from March 2006-2007 (the Afghan calendar year), according to IMF estimates. This is the fourth investment guaranteed by MIGA in Afghanistan...    >> more


MIGA Guarantees Underpin Innovative Waste and Water Treatment Projects in China

Golden State Waste Management Corporation and Golden State Water Group Corporation recently received $34.2 million in guarantee coverage for three investments in China’s urban solid waste treatment and water supply sectors. With rapid economic and urban development in China, solid waste treatment in large cities has become an increasingly important issue. The MIGA-supported projects break new ground when it comes to handling solid waste in an environmentally sensitive way, while simultaneously capitalizing on the power generation potential of garbage...    >> more


World Bank Group Study Highlights Caribbean Investment Climate

Export processing zones, a strategic location near the United States, and a largely English-speaking labor force are some of the advantages awaiting companies considering investments in the Caribbean region. These findings are detailed in a new report—Snapshot Caribbean—recently released by MIGA and the Foreign Investment Advisory Service, the World Bank Group's investment climate advisory arm...    >> more


Hot Off the Presses!

Don't miss MIGA's latest publications, including case studies on a toll road project financed in part by a bond issue and a Bulgarian power project that received long-term debt financing—both with the help of MIGA guarantees. MIGA also recently released its updated Investment Guarantee Guide, a new regional brief for Africa, a factsheet on the Middle East and North Africa in Arabic, and transport, telecom, water, and power sector briefs in Chinese.   >> more

NEW CONTRACTS

Financial
Société Générale, Russian Federation, $285M

Infrastructure
MTN Group (Pty) Ltd., Afghanistan, $74.5M
Cobra Instalaciones y Servicios, S.A. (three projects), Brazil, $35.4M, $20.6M, $5.4M
Darco Environmental Pte. Ltd., China, $7.6M
Golden State (three projects), China, $6.93M, $2.33M
Rodeo Power Pte. Ltd., New Energy Industrial Ltd., Ecuador, $102.6M
Société Nationale des Télécommunications du Sénégal, Guinea, $59.4M
World Power Holdings Luxembourg S.à.r.l., Uganda, $115M

Oil and gas
The Standard Bank of South Africa Ltd., Mozambique, $37.4M

Manufacturing
Industrial Development Corporation of South Africa Ltd., Kenya, $7M
Rockland Steel Trading Ltd., State Bank of India, Nigeria, $11.4M

Tourism
Societe Malienne de Promotion, Guinea-Bissau, $0.65M


EVENTS

Africa Oil and Gas Congress, Cape Town, July 30-Aug. 1 (Mamadou Barry, MIGA presenter, panelist)

2nd Annual Structured Finance in CEE conference, Budapest, Sept. 18-19 (Ileana Boza, MIGA, panelist)

Managing & Insuring Political Risks & Terrorism, London, Sept. 18-19 (Yukiko Omura, Keynote Speaker)


RELATED LINKS

About MIGA
Project briefs
Sector briefs
Investment Guarantee Guide
Guarantee application
2006 Annual Report
Press Releases
PSD Blog
PRI Center
FDI Trends
>> Vietnam's Investment Abroad Up to Over USD$1 Billion
>> US Solicits China's FDI
>> Zambia: Levy's Mission to Woo Investors Bearing Fruit
>> Foreign Investment in Turkey Peaks
>> More FDI News
  FDI Resources
   >> FDI.net
   >> FDI Yellow Pages
   >> Berne Union
   >> Doing Business in 2007
   >> FDI Trends and Analysis

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