The purpose of this application is to ensure that the investment is registered with MIGA before it is made or irrevocably committed. Upon acceptance, a Notice of Registration will be issued. This notice does not constitute a commitment either by MIGA to offer a guarantee or by the applicant to accept such a guarantee. MIGA will treat all information contained in this application as confidential, and will not disclose it outside the agency except with the applicant's consent.
The following is a summary of MIGA's rules on eligibility pertaining to investments and applicants.
Other types of investments might qualify for MIGA's coverage.
1. New Investments
Cross-border investments originating in any member country and destined for any developing member country.
Investment contributions associated with the expansion, modernization, or financial restructuring of existing projects.
Acquisitions involving privatization of state enterprises.
2. Form of Investments
Shareholder loans made and loan guarantees issued by equity holders, which must have a term
of more than one year.
Non-shareholder loans of more than one year, provided an eligible investment is covered or will be covered by MIGA. In this respect, MIGA should receive an application from an eligible investor in the project before or at the time when the application for the non-shareholder loan is filed.
Other investments such as technical assistance, management contracts, franchising and licensing agreements as long as the remuneration of the investor depends on the revenues or production of the investment project and such form of investment has a term of at least three years.
3. Eligible Applicants
Nationals of a member country other than the country in which the investment is
to be made (host country).
Juridical persons if they are either incorporated in and have their principal place of business in a member country or if they are majority-owned by nationals of member countries.
State-owned corporations if they operate on a commercial basis.
Nationals of the host country or juridical persons incorporated in said host country or whose capital is majority-owned by its nationals, provided that the invested assets are transferred from outside the host country.
For all MIGA projects for which a Definitive Application is filed, MIGA Sanctions Procedures will be applied to sanction corrupt, fraudulent, collusive, coercive and obstructive practices in connection with projects guaranteed by MIGA.
FOR MORE DETAILS on MIGA's activities, including its member countries, contact MIGA at email@example.com or 202 458-2538 or visit MIGA's website at : www.miga.org
Multilateral Investment Guarantee Agency
1818 H Street, NW
Mail Stop U12-1205
Washington, DC 20433, USA
World Bank Group