|
Feature Stories
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.
MIGA-Supported Project Helps Power Turkey’s Renaissance
In Ankara, Turkey’s bustling capital city, everyone used to talk about power outages. With output virtually even with consumption, concerns about potential blackouts dominated conversation. Demand would soon outstrip supply, experts predicted, and outages would become routine.
High-Speed Internet Comes to Sierra Leone
Talk about a "win-win" situation: a small telecom company seizes on an opportunity to step into a perfect business void, developing a broadband network where none exists, and where customer demand is on the rise. Meanwhile, a nation with one of lowest teledensities in the world gets expanded access to inexpensive, reliable communication.
MIGA in Frontier Markets
Foreign direct investment into developing countries is on the rise. But the benefits aren’t shared equally by all. Countries perceived as high-risk by investors, despite having a sound and open policy environment for foreign investment, are often ignored as investment destinations. Yet these are the markets that tend to have the most need. Fortunately, these are also the markets where the Multilateral Investment Guarantee Agency can help the most.
MIGA Provides $91 Million in Political Risk Insurance for Lao Power Project
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, announced today the issuance of $91 million in political risk insurance for a hydropower project in Lao People’s Democratic Republic (PDR).
MIGA Unveils Simpler Guarantee Contract
MIGA officially launched its new contract of guarantee in December 2003, responding to client requests for a simpler and more efficient document. The new contract will be used for all definitive guarantee applications received beginning January 1, 2004.
Post-Cancun: What's on the Table for Investors?
Wrapping up the recent annual World Bank/IMF meetings in Dubai, World Bank President James Wolfensohn and IMF Managing Director Horst Kohler called for a renewed spirit of multilateralism and equality between rich and poor countries.
New MIGA-Backed Airport Slated for Quito
The Multilateral Investment Guarantee Agency recently announced that it is supporting the financing and development of a new airport outside Quito, Ecuador.
Generating A 'Peace Dividend' in Conflict-Affected Countries
As policymakers and practitioners become more aware of the links between peace and development and the direct correlation between conflict and poverty, it seems relevant to ask how important is the role of the private sector in post-conflict reconstruction? The answer: it's crucial.
MIGA in Ecuador MIGA-supported project to deliver water to a quarter million of Ecuador's poorest
Segundo Rodriguez is a middle-aged carpenter and resident of Isla Trinitaria, one of Guayaquil, Ecuador's largest and oldest slums. Rodriguez says he doesn't know what it means to be healthy.
MIGA in Guatemala: Peace and power promote development
The government of Guatemala’s signing of a peace agreement with the revolutionary guerrilla movement in 1996 brought to an end one of Latin America’s longest-running and more fratricidal wars, which had resulted in the deaths or disappearance of more than 200,000 people over a 35-year period.
Paving the Way for Others in Bosnia-Herzegovina
From 1991 to 1995, Bosnia-Herzegovina was rocked by a bitter war that resulted in tens of thousands of deaths and the displacement of more than one million people. A once ethnically mixed area of Croats, Serbs, and Bosniaks, the country endured ethnic cleansing on all sides.
Tourism: A Passageway to Development
Farmers on the outskirts of Dar es Salaam wake up early, sometimes before the sun is up, to give their produce one last check before loading their bicycles for the trek to the city's outdoor markets. The bike ride over rutted paths and streets, with heavy and unwieldy loads, can be arduous.
Encouraging FDI into Mozambique
 When Mozambique gained independence from Portugal in 1975, its economy was agriculture-based, with very little industrial development. For more than 17 years, a prolonged civil war raged in the country
Recycling for Life: MIGA-backed bottling project
takes on trash
A little-known recycling effort in Curitiba, Brazil, "Recycle for Life," is beginning to have a big impact. The project is teaching people of all ages to alter their behaviors and make recycling an everyday thing, a way of life.
Agency Launches Next-Generation Investment Information Service
MIGA lifted its investment marketing services up a notch with the April 2, 2002, launch of FDI Xchange, a unique tool that links investors with real-time information on investment opportunities and market analysis in emerging economies.
Power Project Brings Light to Moldova
From noon to six pm every day, graphic designer Yuri Ambros would stroll aimlessly along the streets of Chisinau, a squat city of 700,000 in the heart of Moldova, Eastern Europe’s poorest country.
Phones for São Paulo: Mission Possible
When BCP hit Brazil’s telecom scene in 1997, fixed lines were prohibitively expensive and there were long waiting lists for connections.
Benin: MIGA Backs New Mobile Phone Network
Very few citizens of Benin have access to a telephone. At less than 1 percent, the country's teledensity is among the lowest in the world, impacting economic growth and affecting Benin's citizens at the most basic level.
Assessing the Impact of September 11
Agency Takes on Tough Questions, Emphasizes Readiness to Do the Job.
Bringing Light to Rio's Slums
Power outages, fire, electrocution, unfulfilled economic opportunities... These are the unfortunate facts of life for residents of Rocinha, one of Latin America’s largest and oldest slums.
Project Homes in on Water Services for Ecuador's Poor
Residents of Guayaquil, Ecuador, are no strangers to the problems that can affect access to water services.
Latin Report: Public-Private Insurance: Partnerships between public and private insurers of political risk are one of the most positive developments in the marketplace today.
MIGA Takes Message on the Road to Gulf States: Mobile offices target foreign direct investment.
|
