MIGA Launches Asia Hub

On August 30th MIGA announced the launch of its Asian hub and started to operate in Hong Kong SAR, China and Singapore--expanding the agency's reach beyond its Washington, DC headquarters.

Kevin Lu, MIGA's CFO and Director of the Finance and Risk Management Group, heads the hub in his new role as Regional Director for Asia-Pacific.

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Kobayashi Reflects on Year-End Results 

MIGA concluded its fiscal year 2010 on June 30th, a year marked by continued economic uncertainty throughout the world. In an interview, MIGA Executive Vice President Izumi Kobayashi reflects on the year--as well as the agency's direction for the future.

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MIGA Appoints Layali Abdeen as Local Representative in West Bank and Gaza 

Abdeen is the point of contact for MIGA's West Bank Gaza Guarantee Trust Fund. She also focuses on business development and works with local and foreign investors to assist them in managing the political risks associated with their projects in the West Bank and Gaza.

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NEW CONTRACTS
Financial Sector
Zagrebacka Bank, Croatia, 1M
Splash Mobile Payments Ltd, Sierra Leone, 1M
Services
Dragon Transport Ltd., Sierra Leone, 1.8M
Infrastructure
Jingtang Harbor Expansion Project, China, 16.7M
Mining
PT Weda Bay Nickel, Indonesia, 207M

PROPOSED GUARANTEES
In accordance with the agency's disclosure policy, MIGA discloses summaries of all proposed guarantees.
Services
Linx Data Center Russia, Russia, 9M
Linx Data Center Poland Poland, 4.9M
Manufacturing
Sebeel Al Safa Manufacturing Petrochemicals and Water Filling Company, Iraq, 5M
Agribusiness
Austin Scott Farms, South Africa, 3M